Tredegar (NYSE:TG) Insider Buys $16,471.91 in Stock

Tredegar Corporation (NYSE:TG) insider Arijit Dasgupta bought 2,093 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was acquired at an average price of $7.87 per share, for a total transaction of $16,471.91. Following the transaction, the insider owned 140,097 shares of the company’s stock, valued at approximately $1,102,563.39. The trade was a 1.52% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

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

Tredegar Trading Up 0.6%

Shares of Tredegar stock opened at $7.85 on Friday. The firm has a market capitalization of $274.28 million, a PE ratio of 8.18 and a beta of 0.76. The firm’s 50 day moving average is $7.77 and its 200 day moving average is $8.25. Tredegar Corporation has a 1 year low of $6.25 and a 1 year high of $10.53.

Tredegar (NYSE:TG) last issued its quarterly earnings data on Friday, August 7th. The basic materials company reported $0.18 EPS for the quarter. Tredegar had a net margin of 4.26% and a return on equity of 14.52%. The business had revenue of $216.24 million during the quarter. During the same period in the previous year, the company earned $0.05 EPS.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Tredegar in a research note on Friday, August 7th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in TG. BlackRock Inc. bought a new position in shares of Tredegar during the second quarter valued at $19,151,000. Gamco Investors INC. ET AL lifted its holdings in shares of Tredegar by 5.2% during the fourth quarter. Gamco Investors INC. ET AL now owns 6,302,684 shares of the basic materials company’s stock worth $45,253,000 after purchasing an additional 311,833 shares during the period. Marshall Wace LLP bought a new stake in shares of Tredegar in the fourth quarter worth $1,427,000. Millennium Management LLC grew its stake in shares of Tredegar by 716.3% in the fourth quarter. Millennium Management LLC now owns 195,704 shares of the basic materials company’s stock worth $1,405,000 after purchasing an additional 171,729 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in Tredegar by 34.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 598,785 shares of the basic materials company’s stock valued at $4,299,000 after purchasing an additional 154,735 shares during the period. Institutional investors own 79.24% of the company’s stock.

Key Headlines Impacting 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

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.