Tredegar Corporation (NYSE:TG – Get Free Report) major shareholder James Gottwald sold 28,787 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $8.99, for a total value of $258,795.13. Following the completion of the transaction, the insider directly owned 541,446 shares in the company, valued at $4,867,599.54. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Large shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Tredegar Price Performance
Shares of NYSE TG opened at $9.16 on Friday. The business has a 50-day moving average of $8.29 and a two-hundred day moving average of $7.89. The company has a market capitalization of $319.85 million, a price-to-earnings ratio of -5.80 and a beta of 0.65. Tredegar Corporation has a 1 year low of $6.25 and a 1 year high of $9.43.
Hedge Funds Weigh In On Tredegar
Several institutional investors have recently added to or reduced their stakes in the stock. Gate City Capital Management LLC lifted its position in Tredegar by 113.5% during the 2nd quarter. Gate City Capital Management LLC now owns 260,088 shares of the basic materials company’s stock worth $2,289,000 after acquiring an additional 138,278 shares during the period. Gamco Investors INC. ET AL increased its holdings in shares of Tredegar by 1.9% in the second quarter. Gamco Investors INC. ET AL now owns 5,893,407 shares of the basic materials company’s stock valued at $51,862,000 after purchasing an additional 107,627 shares during the period. Bailard Inc. purchased a new stake in shares of Tredegar during the second quarter worth approximately $272,000. HB Wealth Management LLC purchased a new stake in shares of Tredegar during the third quarter worth approximately $720,000. Finally, Merit Financial Group LLC acquired a new stake in shares of Tredegar during the third quarter worth $155,000. Institutional investors and hedge funds own 79.24% of the company’s stock.
Trending Headlines about Tredegar
- Positive Sentiment: Institutional buying: several funds have recently added to TG (Millennium, Gamco, Vanguard, Gabelli, Geode, State Street), signaling renewed institutional interest that can support the share price. Read More.
- Positive Sentiment: Analyst upgrade: at least one independent research provider upgraded TG from “hold” to “strong-buy,” which can attract momentum investors and provide upside pressure. Read More.
- Neutral Sentiment: Operational note: Bonnell Aluminum (Tredegar’s extrusions unit) appointed a new VP of Sales & Marketing — a routine management tweak that may help execution but is not an immediate earnings catalyst. Read More.
- Neutral Sentiment: Capital structure / technicals: institutional ownership is high (~79%), and the stock sits near its 50‑day/200‑day averages — factors that can amplify moves but also limit available float. Read More.
- Negative Sentiment: Insider selling by major shareholders: James T. Gottwald and William M. Gottwald disclosed multiple sales on Feb. 24–25. Each insider sold roughly 37,000 shares across the two days (aggregate proceeds ≈ $330k per insider), trimming their holdings and creating a clear short‑term negative signal for investor sentiment. Read More.
- Negative Sentiment: Media framing: coverage describes these moves as a coordinated unloading, which can amplify selling pressure even if the trades were for personal liquidity rather than a change in business view. Read More.
Analyst Upgrades and Downgrades
Several equities analysts have commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Tredegar in a research note on Wednesday, January 21st. Wall Street Zen upgraded shares of Tredegar from a “hold” rating to a “strong-buy” rating in a report on Saturday, November 15th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tredegar has an average rating of “Sell”.
Check Out Our Latest Research Report on TG
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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