Here is Who Picked Orchids Paper Products Company (NYSEMKT:TIS) Shares

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In a just published Form 13, filed with the US Securities and Exchange Commission (SEC), Orchids Paper Products Company (NYSEMKT:TIS) reported that Garcia Mario Armando has picked up 706,083 of common stock as of 2017-05-23.

The acquisition brings the aggregate amount owned by Garcia Mario Armando to a total of 706,083 representing less than 6.8% stake in the company.

For those not familiar with the company, Orchids Paper Products Company is a supplier of consumer tissue products. The Company produces bulk tissue paper, known as parent rolls, and converts parent rolls into finished products, including paper towels, bathroom tissue and paper napkins. The Company offers customers a range of private label products across the value, premium and ultra-premium market segments. The Company sells its products to grocery stores, grocery wholesalers and cooperatives, convenience stores, janitorial supply stores and stores in the food service market. The Company’s products are sold primarily under its customers’ private labels and, to a lesser extent, under its brand names, such as Orchids Supreme, Clean Scents, Tackle, Colortex, My Size, Velvet and Big Mopper. The Company sells its products under private labels to its core customer base in the at home market, which consists primarily of dollar stores, discount retailers and grocery stores that offer alternatives across a range of products.

A glance at Orchids Paper Products Company (NYSEMKT:TIS)’s key stats reveals a current market capitalization of 154.67 Million based on 12.30 Million shares outstanding and a price at last close of $13.99 per share.

Looking at insider activity, there are a few transactions worth noting.

Specifically, on 2017-05-19, Gloss picked up 2,100 at a purchase price of $12.99. This brings their total holding to 9,600 as of the date of the filing.

On the sell side, the most recent transaction saw Garcia unload 5,000 shares at a sale price of $13.51. This brings their total holding to 686,083.

It’s possible to gauge a company’s potential by tracking the activity of its major holders, as well as checking in on insider activity such as those transactions listed above. We’ll be keeping an eye on Orchids Paper Products Company (NYSEMKT:TIS) as things move forward to see if its progress aligns with these transactions.

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