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

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 1,000 shares of Core Molding Technologies stock in a transaction dated Wednesday, June 18th. The shares were sold at an average price of $16.49, for a total value of $16,490.00. Following the completion of the transaction, the chief executive officer now directly owns 202,826 shares of the company's stock, valued at approximately $3,344,600.74. This represents a 0.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Core Molding Technologies Stock Performance

CMT stock traded up $0.08 during mid-day trading on Monday, reaching $16.52. The company had a trading volume of 91,596 shares, compared to its average volume of 39,369. The company has a fifty day moving average of $15.74. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.50 and a quick ratio of 2.08. The company has a market cap of $152.98 million, a P/E ratio of 12.33 and a beta of 0.82. Core Molding Technologies Inc has a fifty-two week low of $12.25 and a fifty-two week high of $19.20.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Strs Ohio acquired a new stake in shares of Core Molding Technologies in the first quarter valued at approximately $497,000. Empowered Funds LLC increased its stake in Core Molding Technologies by 7.6% in the first quarter. Empowered Funds LLC now owns 40,862 shares of the industrial products company's stock valued at $621,000 after purchasing an additional 2,888 shares during the period. Ancora Advisors LLC acquired a new position in Core Molding Technologies in the first quarter valued at $336,000. American Century Companies Inc. raised its holdings 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 valued at $3,340,000 after buying an additional 20,730 shares during the last quarter. Finally, Russell Investments Group Ltd. acquired a new stake in shares of Core Molding Technologies during the first quarter worth about $288,000. Institutional investors and hedge funds own 58.79% of the company's stock.

Analysts Set New Price Targets

Separately, Roth Capital set a $22.00 price target on shares of 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.