Tecnoglass Inc. Announces Energy Holding Corp Sells 1.5M Shares at $79.03 on 08/14/2025.

Tecnoglass Inc. (TGLS) has recently disclosed that Energy Holding Corp, a 10% owner of the company, has executed a transaction involving the sale of 1,495,898 shares at a price of $79.03 per share on August 14, 2025.

On August 14, 2025, Energy Holding Corp, a 10% owner of Tecnoglass Inc. (NASDAQ: TGLS), sold 1,495,898 ordinary shares of the company, according to a Form 4 filing with the Securities and Exchange Commission. The transaction, valued at $118.2 million, occurred at a price of $79.03 per share [1].

Following the sale, Energy Holding Corp. directly owns 20,210,090 shares of Tecnoglass, which represents a reduction in its stake. The sale comes amidst Tecnoglass's strong financial performance, as indicated by its GREAT financial health score according to InvestingPro analysis. The company's stock has shown robust momentum, with a 10.5% return over the past week, though it is currently trading slightly above its Fair Value [1].

In other recent news, Tecnoglass reported its second-quarter 2025 earnings, showcasing an adjusted EBITDA of $80 million. This figure exceeded expectations and marked a 200 basis point year-over-year increase in the adjusted EBITDA margin to 31.2%. The company also reported a 400 basis point improvement in its gross margin compared to the same period last year, reflecting strong operational performance [1].

Tecnoglass's Q2 2025 earnings also highlighted record revenue of $255.5 million, driven by a 16.3% year-over-year growth from residential/commercial market expansion. The company achieved a gross margin of 44.7%, supported by increased production volumes, favorable product mix, and effective cost control actions. Additionally, Tecnoglass reported a record backlog of $1.2 billion, marking the 33rd consecutive quarter of year-over-year backlog expansion [2].

The acquisition of Continental Glass Systems further strengthens Tecnoglass's capabilities in high-end architectural glass and glazing solutions, diversifying its production footprint into the U.S. market. This acquisition, along with other strategic initiatives, underscores Tecnoglass's commitment to growth and expansion.

References:
[1] https://www.investing.com/news/insider-trading-news/energy-holding-corp-sells-tecnoglass-tgls-shares-worth-118-million-93CH-4193651
[2] https://www.ainvest.com/news/tecnoglass-q2-2025-unpacking-contradictions-pricing-strategies-vinyl-expansion-market-dynamics-2508/