Brian Wigginton Sells 4,000 Shares of Turning Point Brands (NYSE:TPB) Stock

Posted by George Bondi on May 15th, 2026

Turning Point Brands, Inc. (NYSE:TPB – Get Free Report) CAO Brian Wigginton sold 4,000 shares of the firm’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $91.67, for a total transaction of $366,680.00. Following the completion of the sale, the chief accounting officer owned 9,230 shares of the company’s stock, valued at $846,114.10. This trade represents a 30.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Turning Point Brands Stock Up 1.7%

TPB stock opened at $91.29 on Friday. Turning Point Brands, Inc. has a one year low of $65.80 and a one year high of $146.90. The stock has a market capitalization of $1.77 billion, a PE ratio of 31.05 and a beta of 0.93. The company has a debt-to-equity ratio of 0.76, a quick ratio of 4.12 and a current ratio of 5.87. The company has a fifty day moving average of $84.11 and a 200-day moving average of $101.59.

Turning Point Brands (NYSE:TPB – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.68 by $0.08. The company had revenue of $124.28 million during the quarter, compared to analysts’ expectations of $115.67 million. Turning Point Brands had a net margin of 11.53% and a return on equity of 16.54%. The business’s revenue was up 16.8% on a year-over-year basis. During the same quarter last year, the business earned $0.91 EPS. As a group, analysts expect that Turning Point Brands, Inc. will post 2.66 EPS for the current year.

Turning Point Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 19th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 18th. Turning Point Brands’s dividend payout ratio (DPR) is currently 10.88%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. Needham & Company LLC upgraded shares of Turning Point Brands from a “hold” rating to a “buy” rating and set a $125.00 price target for the company in a report on Friday, May 8th. Zacks Research downgraded shares of Turning Point Brands from a “hold” rating to a “strong sell” rating in a report on Monday, March 2nd. Wall Street Zen downgraded shares of Turning Point Brands from a “buy” rating to a “hold” rating in a report on Saturday, January 17th. Finally, Weiss Ratings downgraded shares of Turning Point Brands from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Turning Point Brands has an average rating of “Hold” and a consensus target price of $118.75.

Check Out Our Latest Research Report on Turning Point Brands

Hedge Funds Weigh In On Turning Point Brands

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TPB. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Turning Point Brands by 4.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,198 shares of the company’s stock worth $606,000 after acquiring an additional 459 shares during the last quarter. Russell Investments Group Ltd. raised its position in Turning Point Brands by 1,428.7% during the second quarter. Russell Investments Group Ltd. now owns 4,586 shares of the company’s stock worth $347,000 after acquiring an additional 4,286 shares during the last quarter. First Trust Advisors LP raised its position in Turning Point Brands by 150.8% during the second quarter. First Trust Advisors LP now owns 141,995 shares of the company’s stock worth $10,759,000 after acquiring an additional 85,378 shares during the last quarter. Baird Financial Group Inc. acquired a new position in Turning Point Brands during the second quarter worth about $220,000. Finally, Qube Research & Technologies Ltd raised its position in Turning Point Brands by 21.3% during the second quarter. Qube Research & Technologies Ltd now owns 182,812 shares of the company’s stock worth $13,852,000 after acquiring an additional 32,109 shares during the last quarter. Institutional investors and hedge funds own 96.12% of the company’s stock.

About Turning Point Brands

(Get Free Report)

Turning Point Brands, Inc (NYSE: TPB) is a U.S.-based consumer products company focused on the manufacture, marketing and distribution of smokeless tobacco, vaping and cigar products. Headquartered in Old Hickory, Tennessee, the company serves retail outlets across all 50 states through a direct-store-delivery network and select third-party distributors. Turning Point Brands operates two reporting segments—Smokeless Products and Cigar—and leverages its logistics capabilities to offer a broad portfolio of brands and SKUs.

In its Smokeless Products segment, Turning Point Brands produces moist smokeless tobacco under leading brand names such as Grizzly, Kodiak and Stoker’s.