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

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 4,500 shares of the company’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 owns 238,841 shares in the company, valued at $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 through the SEC website.

Core Molding Technologies Price Performance

Shares of CMT opened at $16.51 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41. Core Molding Technologies, Inc. has a 1-year low of $14.64 and a 1-year high of $21.00. The firm has a market cap of $147.93 million, a PE ratio of 9.33 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share 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 business had revenue of $72.99 million for the quarter, compared to the consensus estimate of $71.57 million. As a group, equities research analysts predict that Core Molding Technologies, Inc. will post 1.64 EPS for the current fiscal year.

Hedge Funds Weigh In On Core Molding Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Core Molding Technologies during the 2nd quarter valued at approximately $27,000. LSV Asset Management purchased a new position in shares of Core Molding Technologies during the second quarter worth $36,000. MetLife Investment Management LLC boosted its holdings in Core Molding Technologies by 131.0% in the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock valued at $77,000 after purchasing an additional 2,529 shares during the last quarter. Barclays PLC grew its position in Core Molding Technologies by 278.9% during the 3rd 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. Finally, Rhumbline Advisers raised its stake 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 valued at $178,000 after buying an additional 866 shares during the last quarter. Institutional investors and hedge funds 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.