Tredegar (NYSE:TG) Stock Crosses Above Two Hundred Day Moving Average - Should You Sell?

Key Points

• Tredegar crossed above its 200‑day moving average — the 200‑day MA is $7.97; the stock traded as high as $8.81 and last changed hands at $8.68 (50‑day MA $8.49).
• Analyst sentiment remains negative — Weiss Ratings reiterated a "sell (d‑)" and MarketBeat shows a consensus "Sell" despite the recent technical move.
• Insiders have been net sellers and valuation is modest — insiders sold 390,991 shares (~$3.45M) over the past three months; market cap is $301.7M with a P/E of 9.04 and last quarter EPS of $0.32 on $184.1M revenue.

Tredegar Corporation (NYSE:TG - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $7.97 and traded as high as $8.81. Tredegar shares last traded at $8.68, with a volume of 224,869 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a "sell (d-)" rating on shares of Tredegar in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company currently has a consensus rating of "Sell".

Tredegar Stock Up 0.6%

The company's fifty day simple moving average is $8.49 and its two-hundred day simple moving average is $7.97. The company has a market capitalization of $301.72 million, a price-to-earnings ratio of 9.04 and a beta of 0.69.

Tredegar (NYSE:TG - Get Free Report) last posted its earnings results on Wednesday, March 11th. The basic materials company reported $0.32 earnings per share for the quarter. The company had revenue of $184.07 million for the quarter. Tredegar had a net margin of 4.62% and a return on equity of 12.74%.

Insiders Place Their Bets

In other Tredegar news, major shareholder James T. Gottwald sold 28,787 shares of the stock in a transaction on Wednesday, February 25th. The shares were sold at an average price of $8.99, for a total value of $258,795.13. Following the sale, the insider directly owned 541,446 shares in the company, valued at approximately $4,867,599.54. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, major shareholder John D. Gottwald sold 4,814 shares of the stock in a transaction on Friday, February 27th. The stock was sold at an average price of $9.02, for a total transaction of $43,422.28. Following the completion of the sale, the insider owned 524,624 shares in the company, valued at approximately $4,732,108.48. This trade represents a 0.91% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 390,991 shares of company stock worth $3,451,532. Company insiders own 5.95% of the company's stock.

Institutional Investors Weigh In On Tredegar

Hedge funds have recently bought and sold shares of the company. Teton Advisors LLC acquired a new stake in Tredegar in the third quarter worth $972,000. Gate City Capital Management LLC raised its holdings in shares of Tredegar by 113.5% during the second quarter. Gate City Capital Management LLC now owns 260,088 shares of the basic materials company's stock worth $2,289,000 after acquiring an additional 138,278 shares during the period. HB Wealth Management LLC acquired a new stake in shares of Tredegar during the third quarter worth $720,000. Gabelli Funds LLC raised its holdings in shares of Tredegar by 6.9% during the third quarter. Gabelli Funds LLC now owns 1,168,548 shares of the basic materials company's stock worth $9,383,000 after acquiring an additional 74,933 shares during the period. Finally, Gamco Investors INC. ET AL raised its holdings in shares of Tredegar by 1.7% during the third quarter. Gamco Investors INC. ET AL now owns 5,990,851 shares of the basic materials company's stock worth $48,107,000 after acquiring an additional 97,444 shares during the period. 79.24% of the stock is currently 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.

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