Turning Point Brands Inc (TPB) receives a Hold rating from Needham

Turning Point Brands Inc’s recently made public that its Director Wexler Lawrence unloaded Company’s shares for reported $1.9 million on Jun 17 ’25. In the deal valued at $75.94 per share,25,000 shares were sold. As a result of this transaction, Wexler Lawrence now holds 330,186 shares worth roughly $26.79 million.

Then, Wigginton Brian sold 10,800 shares, generating $817,236 in total proceeds. Upon selling the shares at $75.67, the Sr VP Finance & CAO now owns 10,171 shares.

Before that, Lawrence Wexler bought 25,000 shares. Turning Point Brands Inc shares valued at $1,898,384 were divested by the Officer at a price of $75.94 per share.

Needham initiated its Turning Point Brands Inc [TPB] rating to a Hold in a research note published recently. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in early March with a ‘”a Buy”‘ rating. Oppenheimer began covering TPB with “an Outperform” recommendation on November 14, 2024. ROTH MKM started covering the stock on September 19, 2024. It rated TPB as “a Buy”.

Price Performance Review of TPB

On Tuesday, Turning Point Brands Inc [NYSE:TPB] saw its stock fall -0.79% to $81.14. Over the last five days, the stock has gained 1.83%. Turning Point Brands Inc shares have risen nearly 112.30% since the year began. Nevertheless, the stocks have risen 35.01% over the past one year.

How much short interest is there in Turning Point Brands Inc?

A steep rise in short interest was recorded in Turning Point Brands Inc stocks on 2025-07-15, dropping by 28791.0 shares to a total of 1.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 1.21 million shares. There was a decline of -2.44%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on June 06, 2023 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $28 price target.

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