Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO Sells $33,100.00 in Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 2,000 shares of the company’s stock in a transaction dated Monday, December 9th. The shares were sold at an average price of $16.55, for a total transaction of $33,100.00. Following the transaction, the chief executive officer now owns 284,381 shares in the company, valued at $4,706,505.55. The trade was a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Core Molding Technologies Stock Down 1.9 %

Shares of NYSEAMERICAN:CMT traded down $0.31 during trading hours on Tuesday, hitting $16.12. 48,103 shares of the company’s stock traded hands, compared to its average volume of 43,551. The firm has a market capitalization of $144.44 million, a PE ratio of 9.13 and a beta of 1.75. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 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.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $71.57 million. On average, equities analysts predict that Core Molding Technologies, Inc. will post 1.64 EPS for the current year.

Institutional Trading of Core Molding Technologies

A number of large investors have recently made changes to their positions in CMT. Vanguard Group Inc. increased its holdings in Core Molding Technologies by 12.8% during the 1st quarter. Vanguard Group Inc. now owns 434,726 shares of the industrial products company’s stock worth $8,229,000 after purchasing an additional 49,501 shares during the period. Bank of New York Mellon Corp lifted its stake in Core Molding Technologies by 5.3% in the second quarter. Bank of New York Mellon Corp now owns 36,724 shares of the industrial products company’s stock worth $585,000 after acquiring an additional 1,856 shares during the period. Allspring Global Investments Holdings LLC grew its holdings in Core Molding Technologies by 9.2% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company’s stock worth $2,681,000 after acquiring an additional 14,181 shares in the last quarter. Rhumbline Advisers increased its position in 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 period. Finally, Acadian Asset Management LLC increased its position in Core Molding Technologies by 34.9% during the 2nd quarter. Acadian Asset Management LLC now owns 63,876 shares of the industrial products company’s stock valued at $1,017,000 after purchasing an additional 16,516 shares during the period. 58.79% of the stock is owned by hedge funds and other institutional investors.

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.