Tredegar Corporation (NYSE:TG – Get Free Report) major shareholder James Gottwald sold 7,719 shares of Tredegar stock in a transaction on Monday, August 17th. The stock was sold at an average price of $8.02, for a total value of $61,906.38. Following the completion of the transaction, the insider owned 369,710 shares in the company, valued at $2,965,074.20. The trade was a 2.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.
Tredegar Price Performance
Shares of TG opened at $7.79 on Thursday. The company has a 50-day moving average of $7.77 and a two-hundred day moving average of $8.26. The stock has a market cap of $272.04 million, a price-to-earnings ratio of 8.11 and a beta of 0.76. Tredegar Corporation has a one year low of $6.25 and a one year high of $10.53.
Tredegar (NYSE:TG – Get Free Report) last issued its quarterly earnings results on Friday, August 7th. The basic materials company reported $0.18 earnings per share for the quarter. The business had revenue of $216.24 million for the quarter. Tredegar had a return on equity of 14.52% and a net margin of 4.26%.During the same quarter in the prior year, the firm posted $0.05 EPS.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on TG
Institutional Trading of Tredegar
Several hedge funds have recently modified their holdings of TG. Russell Investments Group Ltd. raised its stake in shares of Tredegar by 531.0% during the third quarter. Russell Investments Group Ltd. now owns 3,376 shares of the basic materials company’s stock worth $27,000 after buying an additional 2,841 shares during the last quarter. Torren Management LLC bought a new position in Tredegar in the fourth quarter valued at approximately $32,000. BNP Paribas Financial Markets grew its holdings in Tredegar by 53.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 5,273 shares of the basic materials company’s stock worth $42,000 after acquiring an additional 1,830 shares during the period. Tower Research Capital LLC TRC grew its holdings in Tredegar by 225.3% during the 2nd quarter. Tower Research Capital LLC TRC now owns 6,889 shares of the basic materials company’s stock worth $61,000 after acquiring an additional 4,771 shares during the period. Finally, Heron Bay Capital Management bought a new stake in shares of Tredegar during the 4th quarter valued at $76,000. 79.24% of the stock is owned by institutional investors.
Key Stories Impacting Tredegar
Here are the key news stories impacting Tredegar this week:
- Positive Sentiment: Insider Arijit Dasgupta purchased 2,093 shares at an average price of $7.87, increasing his holdings by 1.52% to 140,097 shares. He also bought 907 shares on August 14 and 1,000 shares in May, providing a modest signal of confidence in Tredegar’s valuation. Arijit Dasgupta Purchases Tredegar Shares
- Neutral Sentiment: Tredegar’s latest quarterly results were stronger year over year, with earnings of $0.18 per share versus $0.05 previously and revenue of $216.24 million. However, analysts maintain a consensus “Hold” rating, suggesting limited expectations for an immediate catalyst.
- Neutral Sentiment: Institutional interest expanded during the second quarter, with new positions reported by Empowered Funds, Bank of America, Man Group, HSBC and the Canada Pension Plan Investment Board. Institutions and hedge funds own approximately 79.24% of TG, offering support but not necessarily indicating near-term buying pressure.
- Negative Sentiment: Major shareholders William M. Gottwald and James T. Gottwald sold a combined 18,909 shares at prices near $8.01–$8.02. Although their remaining holdings are substantial, the sales reduced their positions by roughly 0.9% to 2.1% and may weigh on sentiment because they represent insider selling.
About Tredegar
Tredegar Corporation is a diversified manufacturer specializing in high-performance plastic films and aluminum extrusions. Headquartered in Richmond, Virginia, the company operates through two primary segments—Films and Manufactured Products—serving a broad range of industries that include flexible packaging, medical devices, electronics, building and construction. Tredegar’s operations focus on delivering tailored solutions that meet demanding specifications for barrier properties, film strength and extrusion tolerances.
The Films segment produces a variety of polyolefin films, including cast and blown polyethylene, BOPP (biaxially oriented polypropylene), barrier films and specialty medical-grade films.
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