Core Molding Technologies (NYSEAMERICAN:CMT) Director Matthew Jauchius Sells 6,020 Shares

Key Points

• Director Matthew Jauchius sold 6,020 shares of Core Molding Technologies for approximately $119,436.80, reducing his ownership by 10.46%.
• Core Molding Technologies shares have seen a 1-year low of $12.25 and a 1-year high of $21.40, currently priced at $21.08.
• Institutional investors collectively own 58.79% of the company's stock, with notable increases in positions from firms like Nisa Investment Advisors LLC and Deutsche Bank AG.

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) Director Matthew Jauchius sold 6,020 shares of Core Molding Technologies stock in a transaction that occurred on Monday, September 8th. The shares were sold at an average price of $19.84, for a total transaction of $119,436.80. Following the completion of the sale, the director owned 51,522 shares of the company's stock, valued at approximately $1,022,196.48. The trade was a 10.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Core Molding Technologies Price Performance

NYSEAMERICAN:CMT traded up $0.10 during trading hours on Thursday, reaching $21.08. 30,457 shares of the company were exchanged, compared to its average volume of 35,508. The firm has a 50 day moving average of $17.82. Core Molding Technologies Inc has a 1-year low of $12.25 and a 1-year high of $21.40. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.85 and a quick ratio of 2.36. The firm has a market capitalization of $186.77 million, a P/E ratio of 19.52 and a beta of 0.68.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nisa Investment Advisors LLC grew its stake in Core Molding Technologies by 6,568.0% during the second quarter. Nisa Investment Advisors LLC now owns 1,667 shares of the industrial products company's stock worth $28,000 after buying an additional 1,642 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of Core Molding Technologies by 18.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 4,703 shares of the industrial products company's stock worth $78,000 after acquiring an additional 738 shares in the last quarter. Deutsche Bank AG boosted its position in shares of Core Molding Technologies by 99.2% during the 4th 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. GAMMA Investing LLC increased its stake in Core Molding Technologies by 38,585.0% in the first quarter. GAMMA Investing LLC now owns 7,737 shares of the industrial products company's stock valued at $118,000 after acquiring an additional 7,717 shares during the last quarter. Finally, Rhumbline Advisers raised its position in Core Molding Technologies by 8.9% during the second quarter. Rhumbline Advisers now owns 12,647 shares of the industrial products company's stock valued at $210,000 after purchasing an additional 1,038 shares in the last quarter. Institutional investors and hedge funds 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.

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