David L. Duvall Sells 11,300 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 11,300 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $16.02, for a total transaction of $181,026.00. Following the completion of the sale, the chief executive officer now owns 228,480 shares of the company’s stock, valued at $3,660,249.60. This trade represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Core Molding Technologies Trading Up 0.2%

Shares of CMT opened at $16.05 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. The stock has a market capitalization of $143.81 million, a price-to-earnings ratio of 9.07 and a beta of 1.74. The firm has a 50-day moving average price of $15.41. Core Molding Technologies, Inc. has a 12-month low of $12.25 and a 12-month high of $19.20.

Wall Street Analysts Forecast Growth

Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research report on Wednesday, March 12th.

Institutional Trading of Core Molding Technologies

Hedge funds have recently made changes to their positions in the business. Tieton Capital Management LLC raised its holdings in Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company’s stock valued at $5,786,000 after acquiring an additional 67,800 shares in the last quarter. American Century Companies Inc. raised its holdings in Core Molding Technologies by 10.4% in the first quarter. American Century Companies Inc. now owns 219,724 shares of the industrial products company’s stock valued at $3,340,000 after acquiring an additional 20,730 shares in the last quarter. Diamond Hill Capital Management Inc. raised its holdings in Core Molding Technologies by 18.0% in the first quarter. Diamond Hill Capital Management Inc. now owns 182,452 shares of the industrial products company’s stock valued at $2,773,000 after acquiring an additional 27,848 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in Core Molding Technologies by 28.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 153,694 shares of the industrial products company’s stock valued at $2,336,000 after acquiring an additional 33,663 shares in the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in Core Molding Technologies by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company’s stock valued at $1,764,000 after acquiring an additional 1,292 shares in the last quarter. Institutional investors and hedge funds 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.