Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer Sells 7,600 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer sold 7,600 shares of Core Molding Technologies stock in a transaction on Monday, November 25th. The stock was sold at an average price of $17.78, for a total value of $135,128.00. Following the sale, the chief financial officer now owns 107,959 shares of the company’s stock, valued at approximately $1,919,511.02. This trade represents a 6.58 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Core Molding Technologies Stock Performance

Shares of CMT stock traded down $0.05 on Wednesday, hitting $17.43. The stock had a trading volume of 3,360 shares, compared to its average volume of 43,685. Core Molding Technologies, Inc. has a one year low of $14.64 and a one year high of $21.00. 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 company has a market capitalization of $156.17 million, a P/E ratio of 10.04 and a beta of 1.69.

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

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CMT. Ashton Thomas Private Wealth LLC acquired a new position in shares of Core Molding Technologies during the second quarter worth about $27,000. LSV Asset Management purchased a new position in shares of Core Molding Technologies during the second quarter worth approximately $36,000. MetLife Investment Management LLC grew its position in shares of Core Molding Technologies by 131.0% during the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 2,529 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Core Molding Technologies during the first quarter worth $155,000. Finally, Barclays PLC lifted its holdings in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 7,318 shares during the period. 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.