Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO Sells 13,919 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 13,919 shares of Core Molding Technologies stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $16.18, for a total value of $225,209.42. Following the transaction, the chief executive officer now directly owns 257,512 shares in the company, valued at approximately $4,166,544.16. The trade was a 5.13 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Core Molding Technologies Price Performance

NYSEAMERICAN CMT traded up $0.25 on Monday, reaching $16.45. 41,688 shares of the stock were exchanged, compared to its average volume of 43,627. 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 one year low of $14.64 and a one year high of $21.00. The stock has a market cap of $147.39 million, a price-to-earnings ratio of 9.29 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last announced its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.13. Core Molding Technologies had a net margin of 4.95% and a return on equity of 10.76%. The firm had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $71.57 million. As a group, research analysts anticipate that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Institutional Investors Weigh In On Core Molding Technologies

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Tieton Capital Management LLC raised its position in shares of Core Molding Technologies by 151.9% during the second quarter. Tieton Capital Management LLC now owns 177,521 shares of the industrial products company’s stock valued at $2,830,000 after buying an additional 107,041 shares during the last quarter. American Century Companies Inc. increased its holdings in Core Molding Technologies by 19.1% in the 2nd quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock valued at $2,821,000 after acquiring an additional 28,376 shares during the last quarter. Inspire Advisors LLC bought a new position in shares of Core Molding Technologies during the 3rd quarter valued at about $326,000. Acadian Asset Management LLC grew its position in shares of Core Molding Technologies by 34.9% during the second quarter. Acadian Asset Management LLC now owns 63,876 shares of the industrial products company’s stock valued at $1,017,000 after purchasing an additional 16,516 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Core Molding Technologies by 9.2% in the second quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company’s stock worth $2,681,000 after purchasing an additional 14,181 shares during the last quarter. 58.79% of the stock is owned by institutional investors.

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.