Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Eric Palomaki Buys 1,000 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Eric Palomaki bought 1,000 shares of the business’s stock in a transaction on Monday, March 17th. The stock was bought at an average price of $13.99 per share, for a total transaction of $13,990.00. Following the completion of the purchase, the executive vice president now directly owns 160,244 shares of the company’s stock, valued at $2,241,813.56. The trade was a 0.63 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Eric Palomaki also recently made the following trade(s):

• On Friday, March 14th, Eric Palomaki bought 1,000 shares of Core Molding Technologies stock. The shares were purchased at an average cost of $14.01 per share, with a total value of $14,010.00.

Core Molding Technologies Stock Performance

Shares of Core Molding Technologies stock opened at $14.60 on Thursday. The firm has a market capitalization of $130.82 million, a PE ratio of 8.25 and a beta of 1.74. Core Molding Technologies, Inc. has a fifty-two week low of $12.25 and a fifty-two week high of $21.00. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14.

Institutional Investors Weigh In On Core Molding Technologies

Large investors have recently modified their holdings of the stock. MetLife Investment Management LLC raised its holdings in Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock worth $77,000 after buying an additional 2,529 shares during the period. Deutsche Bank AG increased its position in shares of Core Molding Technologies by 99.2% in the fourth quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company’s stock worth $106,000 after acquiring an additional 3,177 shares in the last quarter. Barclays PLC raised 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 valued at $172,000 after acquiring an additional 7,318 shares during the period. Stoneridge Investment Partners LLC acquired a new position in Core Molding Technologies in the 4th quarter worth approximately $189,000. Finally, Walleye Capital LLC acquired a new position in Core Molding Technologies in the 3rd quarter worth approximately $195,000. 58.79% of the stock is owned by institutional investors.

Analyst Ratings Changes

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

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.