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 dated Monday, September 8th. The stock was sold at an average price of $19.84, for a total value of $119,436.80. Following the sale, the director owned 51,522 shares of the company's stock, valued at approximately $1,022,196.48. This represents a 10.46% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Core Molding Technologies Stock Performance

Core Molding Technologies stock traded down $0.70 during midday trading on Tuesday, reaching $21.05. 30,319 shares of the company were exchanged, compared to its average volume of 35,370. The firm has a market capitalization of $186.50 million, a P/E ratio of 19.49 and a beta of 0.68. The company's 50-day moving average is $18.14. Core Molding Technologies Inc has a 1 year low of $12.25 and a 1 year high of $22.00. The company has a quick ratio of 2.36, a current ratio of 2.85 and a debt-to-equity ratio of 0.12.

Institutional Trading of Core Molding Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CMT. Nisa Investment Advisors LLC increased its position in Core Molding Technologies by 6,568.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 1,667 shares of the industrial products company's stock worth $28,000 after purchasing an additional 1,642 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Core Molding Technologies by 18.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 4,703 shares of the industrial products company's stock valued at $78,000 after buying an additional 738 shares during the period. Deutsche Bank AG grew its holdings in Core Molding Technologies by 99.2% in the 4th quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company's stock valued at $106,000 after buying an additional 3,177 shares during the period. GAMMA Investing LLC grew its holdings in Core Molding Technologies by 38,585.0% in the 1st quarter. GAMMA Investing LLC now owns 7,737 shares of the industrial products company's stock valued at $118,000 after buying an additional 7,717 shares during the period. Finally, Rhumbline Advisers grew its holdings in Core Molding Technologies by 8.9% in the 2nd quarter. Rhumbline Advisers now owns 12,647 shares of the industrial products company's stock valued at $210,000 after buying an additional 1,038 shares during the period. Hedge funds and other 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.