Energy holding corp sells Tecnoglass (TGLS) shares worth $118 million

Published 14/08/2025, 21:08
Energy holding corp sells Tecnoglass (TGLS) shares worth $118 million

Energy Holding Corp, a ten percent owner of Tecnoglass Inc (NASDAQ:TGLS), sold 1,495,898 ordinary shares of the company on August 14, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sale comes as Tecnoglass, currently valued at $3.7 billion, maintains a GREAT financial health score according to InvestingPro analysis.

The shares were sold at a price of $79.03, with the total transaction amounting to $118,220,818. Following the transaction, Energy Holding Corp. directly owns 20,210,090 shares of Tecnoglass. The stock has shown strong momentum with a 10.5% return over the past week, though InvestingPro analysis suggests the shares are currently trading slightly above their Fair Value. For deeper insights into insider trading patterns and comprehensive valuation metrics, investors can access the detailed Pro Research Report available on InvestingPro.

In other recent news, Tecnoglass reported its second-quarter 2025 earnings, showcasing an adjusted EBITDA of $80 million. This figure exceeded the expectations of both Raymond James and other analysts, who had anticipated $73 million. The company’s adjusted EBITDA margin expanded by 200 basis points year-over-year, reaching 31.2%. Additionally, Tecnoglass saw an improvement in its gross margin, which increased by 400 basis points compared to the same period last year. Raymond James reiterated its Market Perform rating for Tecnoglass following these results. These developments reflect the company’s strong financial performance in the recent quarter.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.