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

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 4,046 shares of the business's 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 transaction, the chief executive officer now directly owns 198,780 shares of the company's stock, valued at approximately $3,279,870. This represents a 1.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Core Molding Technologies Trading Down 1.7%

Core Molding Technologies stock opened at $16.86 on Friday. Core Molding Technologies Inc has a 12 month low of $12.25 and a 12 month high of $19.20. The business has a fifty day simple moving average of $15.91. The company has a current ratio of 2.50, a quick ratio of 2.08 and a debt-to-equity ratio of 0.13. The company has a market cap of $156.12 million, a price-to-earnings ratio of 12.58 and a beta of 0.82.

Analysts Set New Price Targets

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

Hedge Funds Weigh In On Core Molding Technologies

Several institutional investors have recently made changes to their positions in CMT. Pacific Ridge Capital Partners LLC bought a new stake in Core Molding Technologies during the 4th quarter worth approximately $1,985,000. Tieton Capital Management LLC raised its position in shares of Core Molding Technologies by 24.0% during the 4th quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company's stock valued at $5,786,000 after purchasing an additional 67,800 shares during the period. Segall Bryant & Hamill LLC purchased a new position in shares of Core Molding Technologies during the 4th quarter valued at $1,121,000. Mackenzie Financial Corp boosted its holdings in Core Molding Technologies by 185.3% in the 1st quarter. Mackenzie Financial Corp now owns 76,994 shares of the industrial products company's stock worth $1,170,000 after buying an additional 50,005 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Core Molding Technologies in the 4th quarter worth $676,000. 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.