Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO Sells $16,150.00 in Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 18th. The shares were sold at an average price of $16.15, for a total transaction of $16,150.00. Following the transaction, the chief executive officer now directly owns 272,431 shares of the company’s stock, valued at approximately $4,399,760.65. This represents a 0.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Core Molding Technologies Stock Up 0.9 %

Shares of NYSEAMERICAN:CMT opened at $16.59 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 12 month low of $14.64 and a 12 month high of $21.00. The company has a market cap of $148.65 million, a P/E ratio of 9.37 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 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 business had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $71.57 million. On average, research analysts expect that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Core Molding Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of CMT. Tieton Capital Management LLC boosted its stake in shares of Core Molding Technologies by 58.9% in the 3rd quarter. Tieton Capital Management LLC now owns 282,036 shares of the industrial products company’s stock valued at $4,854,000 after purchasing an additional 104,515 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of 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 purchasing an additional 28,376 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Core Molding Technologies by 1.6% in the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock valued at $3,012,000 after purchasing an additional 2,737 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its stake in shares of Core Molding Technologies by 9.2% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company’s stock valued at $2,681,000 after purchasing an additional 14,181 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Core Molding Technologies by 0.8% in the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock valued at $2,709,000 after purchasing an additional 1,267 shares in the last quarter. Hedge funds and other institutional investors own 58.79% of the company’s stock.

About Core Molding Technologies

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.