James Gottwald Sells 7,719 Shares of Tredegar (NYSE:TG) Stock

Tredegar Corporation (NYSE:TG) major shareholder James Gottwald sold 7,719 shares of the stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $8.02, for a total transaction of $61,906.38. Following the completion of the transaction, the insider directly owned 369,710 shares of the company’s stock, valued at $2,965,074.20. This trade represents a 2.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Large shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

Tredegar Trading Up 0.6%

Shares of Tredegar stock opened at $7.85 on Friday. The firm’s 50 day moving average is $7.77 and its 200 day moving average is $8.25. The firm has a market capitalization of $274.28 million, a PE ratio of 8.18 and a beta of 0.76. Tredegar Corporation has a 1 year low of $6.25 and a 1 year high of $10.53.

Tredegar (NYSE:TG) last issued its earnings results on Friday, August 7th. The basic materials company reported $0.18 earnings per share for the quarter. The firm had revenue of $216.24 million for the quarter. Tredegar had a net margin of 4.26% and a return on equity of 14.52%. During the same quarter in the prior year, the business earned $0.05 EPS.

Key Tredegar News

Here are the key news stories impacting Tredegar this week:

• Positive Sentiment: Tredegar elected Ana Dutra as an independent director. Her appointment may strengthen board oversight, governance, and strategic decision-making, which could support investor confidence. Tredegar Announces Election of Ana Dutra to Board of Directors
• Positive Sentiment: Insider Arijit Dasgupta purchased 2,093 shares at an average price of $7.87, increasing his ownership by 1.52%. The purchase follows additional recent buying and may signal confidence that the shares are undervalued. Arijit Dasgupta Purchases Tredegar Shares
• Neutral Sentiment: Institutional ownership remains high at approximately 79%, with several investment firms initiating or increasing positions. This indicates continued institutional interest, although the filings do not necessarily represent current buying activity.
• Negative Sentiment: Major shareholders William Gottwald and James T. Gottwald sold a combined 18,909 shares in transactions executed around $8.01–$8.02. While the sales represent relatively small reductions in their holdings, repeated selling by major shareholders may weigh on sentiment and offset the positive signal from Dasgupta’s purchase. William Gottwald Sells Tredegar Shares

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Tredegar in a report on Friday, August 7th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Tredegar currently has a consensus rating of “Hold”.

Institutional Investors Weigh In On Tredegar

Hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Tredegar in the 2nd quarter valued at $19,151,000. Gamco Investors INC. ET AL raised its holdings in Tredegar by 5.2% during the fourth quarter. Gamco Investors INC. ET AL now owns 6,302,684 shares of the basic materials company’s stock worth $45,253,000 after buying an additional 311,833 shares during the last quarter. Marshall Wace LLP bought a new position in shares of Tredegar in the fourth quarter valued at $1,427,000. Millennium Management LLC grew its holdings in shares of Tredegar by 716.3% during the fourth quarter. Millennium Management LLC now owns 195,704 shares of the basic materials company’s stock valued at $1,405,000 after buying an additional 171,729 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Tredegar by 34.8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 598,785 shares of the basic materials company’s stock valued at $4,299,000 after buying an additional 154,735 shares during the last quarter. 79.24% of the stock is currently owned by institutional investors.

Tredegar Company Profile

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.