Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Renee R. Anderson Sells 717 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Renee R. Anderson sold 717 shares of the firm’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $18.14, for a total value of $13,006.38. Following the completion of the sale, the executive vice president now directly owns 38,792 shares in the company, valued at approximately $703,686.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

Core Molding Technologies Stock Down 2.0 %

NYSEAMERICAN CMT opened at $18.01 on Wednesday. Core Molding Technologies, Inc. has a 52-week low of $14.64 and a 52-week high of $30.09. The firm has a market cap of $157.77 million, a PE ratio of 8.66 and a beta of 1.67. The company has a quick ratio of 1.86, a current ratio of 2.28 and a debt-to-equity ratio of 0.14.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.31. Core Molding Technologies had a return on equity of 12.14% and a net margin of 5.11%. The business had revenue of $88.74 million for the quarter, compared to the consensus estimate of $78.75 million. On average, analysts anticipate that Core Molding Technologies, Inc. will post 1.53 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of Core Molding Technologies from a “buy” rating to a “strong-buy” rating in a research report on Monday, July 29th.

Institutional Trading of Core Molding Technologies

A number of hedge funds have recently bought and sold shares of the company. National Bank of Canada FI bought a new position in Core Molding Technologies during the fourth quarter valued at approximately $27,000. Ashton Thomas Private Wealth LLC bought a new stake in shares of Core Molding Technologies in the 2nd quarter worth approximately $27,000. LSV Asset Management purchased a new stake in shares of Core Molding Technologies in the 2nd quarter valued at $36,000. Public Employees Retirement System of Ohio bought a new position in shares of Core Molding Technologies during the 1st quarter valued at $155,000. Finally, Rhumbline Advisers grew its holdings 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 purchasing an additional 866 shares during the last quarter. Institutional investors 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.