Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 1,000 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 1,000 shares of the company’s stock in a transaction on Wednesday, December 18th. The shares were sold at an average price of $16.15, for a total transaction of $16,150.00. Following the completion of the sale, the chief executive officer now directly owns 272,431 shares of the company’s stock, valued at $4,399,760.65. This trade represents a 0.37 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Core Molding Technologies Stock Up 1.5 %

Shares of NYSEAMERICAN CMT traded up $0.25 during mid-day trading on Monday, hitting $16.45. The stock had a trading volume of 41,688 shares, compared to its average volume of 43,627. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 year 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. The company has a market cap of $147.39 million, a price-to-earnings ratio of 9.29 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last released 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. The firm had revenue of $72.99 million for the quarter, compared to analysts’ expectations of $71.57 million. Core Molding Technologies had a net margin of 4.95% and a return on equity of 10.76%. On average, equities research analysts expect that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of CMT. Bank of New York Mellon Corp grew its position in shares of Core Molding Technologies by 5.3% in the 2nd quarter. Bank of New York Mellon Corp now owns 36,724 shares of the industrial products company’s stock worth $585,000 after buying an additional 1,856 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in Core Molding Technologies by 9.2% in the second 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 during the period. Rhumbline Advisers lifted its stake in Core Molding Technologies by 8.4% in the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock worth $178,000 after acquiring an additional 866 shares during the period. Acadian Asset Management LLC boosted its holdings in Core Molding Technologies by 34.9% in the second quarter. Acadian Asset Management LLC now owns 63,876 shares of the industrial products company’s stock valued at $1,017,000 after acquiring an additional 16,516 shares in the last quarter. Finally, LSV Asset Management bought a new position in Core Molding Technologies in the 2nd quarter worth $36,000. 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.