Tredegar Corporation (NYSE:TG – Get Free Report) major shareholder William Gottwald sold 8,250 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $8.83, for a total value of $72,847.50. Following the completion of the sale, the insider owned 570,233 shares in the company, valued at $5,035,157.39. This represents a 1.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 Stock Up 1.6%
Shares of NYSE:TG opened at $9.16 on Friday. The firm has a market capitalization of $319.85 million, a PE ratio of -5.80 and a beta of 0.65. The company has a 50-day moving average price of $8.29 and a two-hundred day moving average price of $7.89. Tredegar Corporation has a twelve month low of $6.25 and a twelve month high of $9.43.
Trending Headlines about Tredegar
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.
Analysts Set New Price Targets
Get Our Latest Stock Analysis on TG
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC raised its position in shares of Tredegar by 0.3% in the second quarter. Geode Capital Management LLC now owns 589,275 shares of the basic materials company’s stock worth $5,187,000 after buying an additional 1,506 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of 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 acquiring an additional 1,830 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Tredegar by 4.8% in the 2nd quarter. Rhumbline Advisers now owns 44,096 shares of the basic materials company’s stock valued at $388,000 after acquiring an additional 2,021 shares in the last quarter. Bailard Inc. boosted its position in shares of Tredegar by 7.0% during the 4th quarter. Bailard Inc. now owns 36,956 shares of the basic materials company’s stock valued at $265,000 after acquiring an additional 2,425 shares during the last quarter. Finally, Strs Ohio grew its holdings in shares of Tredegar by 5.5% during the fourth quarter. Strs Ohio now owns 52,000 shares of the basic materials company’s stock worth $373,000 after purchasing an additional 2,700 shares in the last quarter. Institutional investors own 79.24% of the company’s stock.
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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