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John D. Gottwald, a ten percent owner of Tredegar Corp (NYSE:TG), sold 7,144 shares of common stock on August 1, 2025. The sales were executed at prices ranging from $8.33 to $8.48, resulting in a total transaction value of $60,397. The transaction comes as the stock has experienced a sharp 8.1% decline over the past week, though it maintains an impressive 57.71% gain over the last year. According to InvestingPro analysis, the $281.73M market cap company is currently trading above its Fair Value.
The sales adjusted Gottwald’s holdings to 781,507 shares following the transactions. The shares are held as co-trustee of the Residual 10- Year CLAT UA FDGJR Living Trust. With earnings scheduled for August 7 and the company currently unprofitable with a -$0.03 EPS, investors can access more detailed insights and 5 additional ProTips through InvestingPro.
In other recent news, Tredegar Corporation has made significant changes to its asset-based lending facility. The Richmond-based company amended its credit agreement with JPMorgan Chase (NYSE:JPM) Bank, N.A. and other banks, as disclosed in a recent 8-K filing with the Securities and Exchange Commission. This amendment extends the maturity date of the facility to May 6, 2030. Additionally, the interest rate margins have been reduced to a range of 1.75%-2.25% for Term Benchmark Loans and RFR Loans, and 0.75%-1.25% for ABR Loans, contingent on average quarterly availability. These changes reflect Tredegar’s efforts to enhance the terms of its credit agreement. Such financial adjustments could have implications for the company’s borrowing costs and financial flexibility. These are recent developments in Tredegar’s financial management strategy.
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