Arijit Dasgupta Acquires 2,093 Shares of Tredegar (NYSE:TG) Stock

Tredegar Corporation (NYSE:TG) insider Arijit Dasgupta bought 2,093 shares of Tredegar stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of $7.87 per share, for a total transaction of $16,471.91. Following the completion of the acquisition, the insider directly owned 140,097 shares in the company, valued at $1,102,563.39. This represents a 1.52% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Arijit Dasgupta also recently made the following trade(s):

• On Friday, August 14th, Arijit Dasgupta purchased 907 shares of Tredegar stock. The shares were acquired at an average cost of $7.87 per share, with a total value of $7,138.09.
• On Thursday, May 21st, Arijit Dasgupta acquired 1,000 shares of Tredegar stock. The stock was acquired at an average price of $7.55 per share, with a total value of $7,550.00.

Tredegar Stock Performance

Shares of TG opened at $7.79 on Thursday. The company has a market cap of $272.04 million, a price-to-earnings ratio of 8.11 and a beta of 0.76. The stock has a fifty day moving average price of $7.77 and a two-hundred day moving average price of $8.26. Tredegar Corporation has a 52-week low of $6.25 and a 52-week high of $10.53.

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

Key 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.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. grew 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 purchasing an additional 2,841 shares during the period. Torren Management LLC acquired a new position in Tredegar during the fourth quarter worth $32,000. BNP Paribas Financial Markets boosted its holdings in Tredegar by 53.2% during the third quarter. BNP Paribas Financial Markets now owns 5,273 shares of the basic materials company’s stock worth $42,000 after purchasing an additional 1,830 shares during the last quarter. Tower Research Capital LLC TRC grew its position in Tredegar by 225.3% in the second quarter. Tower Research Capital LLC TRC now owns 6,889 shares of the basic materials company’s stock valued at $61,000 after purchasing an additional 4,771 shares in the last quarter. Finally, Heron Bay Capital Management bought a new position in Tredegar in the fourth quarter valued at $76,000. Institutional investors and hedge funds own 79.24% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Tredegar in a research note on Friday, August 7th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

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.