Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 4,046 Shares

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 4,046 shares of Core Molding Technologies stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $16.50, for a total transaction of $66,759.00. Following the completion of the sale, the chief executive officer now owns 198,780 shares of the company's stock, valued at $3,279,870. This trade represents a 1.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Core Molding Technologies Trading Down 0.1%

Shares of CMT stock traded down $0.01 during trading hours on Tuesday, hitting $16.51. The company's stock had a trading volume of 51,033 shares, compared to its average volume of 39,415. The stock has a market cap of $152.88 million, a PE ratio of 12.32 and a beta of 0.82. Core Molding Technologies Inc has a 12-month low of $12.25 and a 12-month high of $19.20. The stock has a 50 day simple moving average of $15.77. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.50.

Hedge Funds Weigh In On Core Molding Technologies

Hedge funds have recently bought and sold shares of the business. Strs Ohio purchased a new stake in shares of Core Molding Technologies during the first quarter worth approximately $497,000. Empowered Funds LLC grew its holdings in shares of Core Molding Technologies by 7.6% during the first quarter. Empowered Funds LLC now owns 40,862 shares of the industrial products company's stock worth $621,000 after buying an additional 2,888 shares in the last quarter. Ancora Advisors LLC acquired a new stake in shares of Core Molding Technologies in the first quarter valued at about $336,000. American Century Companies Inc. lifted its stake in shares of Core Molding Technologies by 10.4% in the first quarter. American Century Companies Inc. now owns 219,724 shares of the industrial products company's stock worth $3,340,000 after buying an additional 20,730 shares in the last quarter. Finally, Russell Investments Group Ltd. acquired a new position in Core Molding Technologies during the first quarter worth about $288,000. Hedge funds and other institutional investors own 58.79% of the company's stock.

Wall Street Analyst Weigh In

Separately, Roth Capital set a $22.00 price target on Core Molding Technologies in a research report 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.