Insider Selling: Tredegar (NYSE:TG) Major Shareholder Sells $72,847.50 in Stock

Tredegar Corporation (NYSE:TG) major shareholder William Gottwald sold 8,250 shares of Tredegar stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $8.83, for a total value of $72,847.50. Following the transaction, the insider owned 570,233 shares in the company, valued at approximately $5,035,157.39. This represents a 1.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Large shareholders that own more than 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Tredegar Price Performance

NYSE:TG opened at $9.16 on Friday. The firm has a market capitalization of $319.85 million, a price-to-earnings ratio of -5.80 and a beta of 0.65. The company’s 50-day moving average is $8.29 and its two-hundred day moving average is $7.90. Tredegar Corporation has a 1-year low of $6.25 and a 1-year high of $9.43.

Key Tredegar News

Here are the key news stories impacting Tredegar this week:

• 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.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in TG. Gamco Investors INC. ET AL increased its holdings in shares of Tredegar by 5.2% in the 4th 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 acquiring an additional 311,833 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Tredegar by 8.4% in the third quarter. Vanguard Group Inc. now owns 1,512,840 shares of the basic materials company’s stock valued at $12,148,000 after purchasing an additional 117,298 shares in the last quarter. Gabelli Funds LLC boosted its holdings in Tredegar by 3.9% in the fourth quarter. Gabelli Funds LLC now owns 1,214,000 shares of the basic materials company’s stock valued at $8,717,000 after purchasing an additional 45,452 shares in the last quarter. Geode Capital Management LLC increased its stake in Tredegar by 3.4% in the fourth quarter. Geode Capital Management LLC now owns 642,115 shares of the basic materials company’s stock valued at $4,611,000 after purchasing an additional 21,320 shares during the last quarter. Finally, State Street Corp raised its holdings in Tredegar by 1.9% during the fourth quarter. State Street Corp now owns 610,289 shares of the basic materials company’s stock worth $4,382,000 after purchasing an additional 11,205 shares in the last quarter. 79.24% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Wall Street Zen upgraded shares of Tredegar from a “hold” rating to a “strong-buy” rating in a report on Saturday, November 15th. Weiss Ratings restated a “sell (d-)” rating on shares of Tredegar in a research report on Wednesday, January 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Tredegar currently has a consensus rating of “Sell”.

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.