William Gottwald Sells 7,718 Shares of Tredegar (NYSE:TG) Stock

Tredegar Corporation (NYSE:TG) major shareholder William Gottwald sold 7,718 shares of Tredegar stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $8.02, for a total value of $61,898.36. Following the sale, the insider directly owned 369,710 shares of the company’s stock, valued at $2,965,074.20. This trade represents a 2.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.

Tredegar Stock Performance

TG opened at $7.85 on Friday. Tredegar Corporation has a one year low of $6.25 and a one year high of $10.53. The company has a market cap of $274.28 million, a P/E ratio of 8.18 and a beta of 0.76. The business’s 50-day simple moving average is $7.77 and its 200-day simple moving average is $8.25.

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

Trending Headlines about Tredegar

Here are the key news stories impacting Tredegar this week:

• Positive Sentiment: Tredegar elected Ana Dutra as an independent director. Her appointment may strengthen board oversight, governance, and strategic decision-making, which could support investor confidence. Tredegar Announces Election of Ana Dutra to Board of Directors
• Positive Sentiment: Insider Arijit Dasgupta purchased 2,093 shares at an average price of $7.87, increasing his ownership by 1.52%. The purchase follows additional recent buying and may signal confidence that the shares are undervalued. Arijit Dasgupta Purchases Tredegar Shares
• Neutral Sentiment: Institutional ownership remains high at approximately 79%, with several investment firms initiating or increasing positions. This indicates continued institutional interest, although the filings do not necessarily represent current buying activity.
• Negative Sentiment: Major shareholders William Gottwald and James T. Gottwald sold a combined 18,909 shares in transactions executed around $8.01–$8.02. While the sales represent relatively small reductions in their holdings, repeated selling by major shareholders may weigh on sentiment and offset the positive signal from Dasgupta’s purchase. William Gottwald Sells Tredegar Shares

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of Tredegar in a report on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Tredegar presently has a consensus rating of “Hold”.

Institutional Trading of Tredegar

A number of large investors have recently made changes to their positions in the company. Gamco Investors INC. ET AL grew its stake in Tredegar by 5.2% during the 4th quarter. Gamco Investors INC. ET AL now owns 6,302,684 shares of the basic materials company’s stock worth $45,253,000 after buying an additional 311,833 shares during the last quarter. BlackRock Inc. acquired a new stake in Tredegar during the 2nd quarter worth $19,151,000. Vanguard Group Inc. grew its position in Tredegar by 8.4% during the 3rd quarter. Vanguard Group Inc. now owns 1,512,840 shares of the basic materials company’s stock worth $12,148,000 after purchasing an additional 117,298 shares during the last quarter. Gabelli Funds LLC grew its position in Tredegar by 1.9% during the 1st quarter. Gabelli Funds LLC now owns 1,237,000 shares of the basic materials company’s stock worth $9,834,000 after purchasing an additional 23,000 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Tredegar by 4.8% in the first quarter. Dimensional Fund Advisors LP now owns 1,127,926 shares of the basic materials company’s stock valued at $8,966,000 after purchasing an additional 51,438 shares during the period. 79.24% of the stock is owned by institutional investors and hedge funds.

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.