Tredegar (NYSE:TG) Major Shareholder William Gottwald Sells 7,718 Shares of Stock

Tredegar Corporation (NYSE:TG) major shareholder William Gottwald sold 7,718 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $8.02, for a total transaction of $61,898.36. Following the transaction, the insider owned 369,710 shares in the company, valued at $2,965,074.20. This trade represents a 2.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Large shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Tredegar Price Performance

Shares of NYSE:TG opened at $7.79 on Thursday. Tredegar Corporation has a 1 year low of $6.25 and a 1 year high of $10.53. The business has a 50 day simple moving average of $7.77 and a two-hundred day simple moving average of $8.26. The firm has a market capitalization of $272.04 million, a PE ratio of 8.11 and a beta of 0.76.

Tredegar (NYSE:TG) last posted its quarterly earnings results on Friday, August 7th. The basic materials company reported $0.18 EPS 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 previous year, the company posted $0.05 earnings per share.

Hedge Funds Weigh In On Tredegar

Institutional investors have recently bought and sold shares of the business. Gamco Investors INC. ET AL boosted its holdings in Tredegar by 5.2% in the fourth quarter. Gamco Investors INC. ET AL now owns 6,302,684 shares of the basic materials company’s stock valued at $45,253,000 after purchasing an additional 311,833 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Tredegar by 31.4% during the 1st quarter. AQR Capital Management LLC now owns 17,158 shares of the basic materials company’s stock valued at $132,000 after buying an additional 4,097 shares during the last quarter. Osaic Holdings Inc. raised its stake in shares of Tredegar by 130.0% during the 2nd quarter. Osaic Holdings Inc. now owns 13,988 shares of the basic materials company’s stock valued at $123,000 after buying an additional 7,907 shares during the last quarter. NewEdge Advisors LLC acquired a new position in shares of Tredegar in the 4th quarter valued at about $86,000. Finally, Heron Bay Capital Management acquired a new position in shares of Tredegar in the 4th quarter valued at about $76,000. 79.24% of the stock is owned by hedge funds and other institutional investors.

More Tredegar News

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.

Analysts Set New Price Targets

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

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.