John Gottwald Sells 24,824 Shares of Tredegar (NYSE:TG) Stock

Tredegar Corporation (NYSE:TG) major shareholder John Gottwald sold 24,824 shares of the business’s stock in a transaction on Friday, January 23rd. The shares were sold at an average price of $8.52, for a total transaction of $211,500.48. Following the transaction, the insider owned 640,992 shares of the company’s stock, valued at $5,461,251.84. This represents a 3.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Tredegar Stock Performance

NYSE TG opened at $8.71 on Wednesday. The firm has a market capitalization of $304.07 million, a P/E ratio of -5.51 and a beta of 0.67. The stock has a 50-day simple moving average of $7.76 and a two-hundred day simple moving average of $7.84. Tredegar Corporation has a fifty-two week low of $6.25 and a fifty-two week high of $9.43.

Tredegar (NYSE:TG) last posted its earnings results on Friday, November 7th. The basic materials company reported $0.26 EPS for the quarter. The firm had revenue of $194.94 million for the quarter. Tredegar had a positive return on equity of 8.64% and a negative net margin of 7.75%.

Institutional Investors Weigh In On Tredegar

Large investors have recently bought and sold shares of the company. Russell Investments Group Ltd. raised its holdings 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 valued at $27,000 after acquiring an additional 2,841 shares during the last quarter. BNP Paribas Financial Markets raised its stake in Tredegar by 53.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,273 shares of the basic materials company’s stock valued at $42,000 after purchasing an additional 1,830 shares during the last quarter. Tower Research Capital LLC TRC lifted its holdings in Tredegar by 225.3% in the 2nd 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. Citadel Advisors LLC boosted its stake in Tredegar by 163.7% during the 3rd quarter. Citadel Advisors LLC now owns 11,850 shares of the basic materials company’s stock worth $95,000 after purchasing an additional 30,450 shares during the last quarter. Finally, Prelude Capital Management LLC acquired a new stake in Tredegar during the 3rd quarter worth $105,000. 79.24% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on TG shares. Wall Street Zen raised 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, According to data from MarketBeat, the stock presently has a consensus rating of “Sell”.

Key Headlines Impacting Tredegar

Here are the key news stories impacting Tredegar this week:

• Positive Sentiment: High institutional ownership (reported ~79%) means a large, stable shareholder base that can absorb insider selling and limit volatility. TG Insider Trades (MarketBeat)
• Neutral Sentiment: The sellers are long-term, high‑percentage owners reducing positions; such sales are often for diversification, tax or estate planning rather than a signal about near-term operations. The filings do not state a company-specific reason.
• Negative Sentiment: Two rounds of disclosed sales: Jan. 22 blocks (~54,269 shares each by John and William at ~$8.70) and Jan. 23 blocks (~24,823/24,824 shares each at ~$8.52). Together the transactions total roughly $0.6–0.7M per seller and reduced each insider’s stake (reported decreases of ~3.7% and ~7.5% on the cited filings). Insider selling by major holders can be viewed as a negative signal and may put short-term downward pressure on the stock. InsiderTrades alert AmericanBankingNews: William Gottwald Sale

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.