David L. Duvall Sells 4,500 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 4,500 shares of the firm’s stock in a transaction that occurred on Thursday, December 26th. The shares were sold at an average price of $16.47, for a total transaction of $74,115.00. Following the transaction, the chief executive officer now directly owns 238,841 shares in the company, valued at approximately $3,933,711.27. The trade was a 1.85 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Core Molding Technologies Price Performance

Shares of CMT stock opened at $16.51 on Monday. The company has a market capitalization of $147.93 million, a P/E ratio of 9.33 and a beta of 1.75. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. Core Molding Technologies, Inc. has a twelve month low of $14.64 and a twelve month high of $21.00.

Core Molding Technologies (NYSEAMERICAN:CMT) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.23 by $0.13. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. The company had revenue of $72.99 million for the quarter, compared to the consensus estimate of $71.57 million. Analysts anticipate that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current fiscal year.

Institutional Trading of Core Molding Technologies

Hedge funds have recently modified their holdings of the company. Rhumbline Advisers increased its position in shares of Core Molding Technologies by 8.4% during the 2nd quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock worth $178,000 after purchasing an additional 866 shares in the last quarter. State Street Corp increased its holdings in shares of Core Molding Technologies by 0.8% during the third quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock worth $2,709,000 after buying an additional 1,267 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in shares of Core Molding Technologies in the second quarter valued at approximately $27,000. Empowered Funds LLC raised its stake in shares of Core Molding Technologies by 5.1% in the third quarter. Empowered Funds LLC now owns 36,182 shares of the industrial products company’s stock valued at $623,000 after acquiring an additional 1,742 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in shares of Core Molding Technologies by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 36,724 shares of the industrial products company’s stock worth $585,000 after acquiring an additional 1,856 shares in the last quarter. Institutional investors own 58.79% of the company’s stock.

Core Molding Technologies Company Profile

Core Molding Technologies, Inc, together with its subsidiaries, operates as a molder of thermoplastic and thermoset structural products. The company offers a range of manufacturing processes that include compression molding of sheet molding compound, resin transfer molding, liquid molding of dicyclopentadiene, spray-up and hand-lay-up, direct long-fiber thermoplastics, and structural foam and structural web injection molding.