Insider Selling: Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO Sells 1,000 Shares of Stock

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 1,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $16.49, for a total transaction of $16,490.00. Following the completion of the transaction, the chief executive officer now directly owns 202,826 shares in the company, valued at approximately $3,344,600.74. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Core Molding Technologies Trading Down 0.6%

Shares of Core Molding Technologies stock traded down $0.10 on Friday, reaching $16.52. 28,060 shares of the company were exchanged, compared to its average volume of 38,994. The firm has a market cap of $152.98 million, a P/E ratio of 12.33 and a beta of 0.82. The company has a quick ratio of 2.08, a current ratio of 2.50 and a debt-to-equity ratio of 0.13. The firm's 50-day moving average is $15.72. Core Molding Technologies Inc has a one year low of $12.25 and a one year high of $19.20.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Core Molding Technologies

Hedge funds have recently bought and sold shares of the stock. Tieton Capital Management LLC boosted its position in shares of Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company's stock valued at $5,786,000 after acquiring an additional 67,800 shares during the period. American Century Companies Inc. boosted its holdings in Core Molding Technologies by 10.4% in the 1st quarter. American Century Companies Inc. now owns 219,724 shares of the industrial products company's stock valued at $3,340,000 after purchasing an additional 20,730 shares during the period. Diamond Hill Capital Management Inc. grew its position in shares of Core Molding Technologies by 18.0% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 182,452 shares of the industrial products company's stock worth $2,773,000 after purchasing an additional 27,848 shares in the last quarter. Pacific Ridge Capital Partners LLC raised its position in shares of Core Molding Technologies by 28.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 153,694 shares of the industrial products company's stock valued at $2,336,000 after buying an additional 33,663 shares in the last quarter. Finally, Bridgeway Capital Management LLC increased its stake in Core Molding Technologies by 1.2% during the 4th quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company's stock worth $1,764,000 after acquiring an additional 1,292 shares during the period. 58.79% of the stock is currently owned by institutional investors and hedge funds.

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.

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