Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO Sells $139,104.00 in Stock

Core Molding Technologies Inc (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 8,400 shares of Core Molding Technologies stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $16.56, for a total transaction of $139,104.00. Following the transaction, the chief executive officer now directly owns 203,826 shares of the company's stock, valued at approximately $3,375,358.56. This represents a 3.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Core Molding Technologies Trading Up 0.5%

Shares of Core Molding Technologies stock traded up $0.08 during trading on Monday, hitting $16.52. 91,596 shares of the stock traded hands, compared to its average volume of 39,369. The stock has a market cap of $152.98 million, a price-to-earnings ratio of 12.33 and a beta of 0.82. The company has a current ratio of 2.50, a quick ratio of 2.08 and a debt-to-equity ratio of 0.13. Core Molding Technologies Inc has a 52-week low of $12.25 and a 52-week high of $19.20. The firm's fifty day moving average is $15.74.

Hedge Funds Weigh In On Core Molding Technologies

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in shares of Core Molding Technologies during the fourth quarter worth $676,000. Inspire Advisors LLC boosted its holdings in Core Molding Technologies by 38.4% in the fourth quarter. Inspire Advisors LLC now owns 26,214 shares of the industrial products company's stock worth $434,000 after acquiring an additional 7,275 shares in the last quarter. Diamond Hill Capital Management Inc. boosted its holdings in Core Molding Technologies by 3.5% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 154,604 shares of the industrial products company's stock worth $2,557,000 after acquiring an additional 5,284 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Core Molding Technologies by 0.6% during the fourth quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company's stock worth $3,291,000 after acquiring an additional 1,191 shares during the last quarter. Finally, Tieton Capital Management LLC increased its holdings in shares of Core Molding Technologies by 24.0% during 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 in the last quarter. 58.79% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

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.