Insider Selling: Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO Sells 8,400 Shares of 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 value of $139,104.00. Following the completion of the transaction, the chief executive officer now owns 203,826 shares in the company, valued at approximately $3,375,358.56. This represents a 3.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Core Molding Technologies Stock Down 0.6%

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

Institutional Investors Weigh In On Core Molding Technologies

Several institutional investors have recently added to or reduced their stakes in CMT. Pacific Ridge Capital Partners LLC bought a new stake in shares of Core Molding Technologies in the 4th quarter worth approximately $1,985,000. Tieton Capital Management LLC lifted its stake in 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 worth $5,786,000 after acquiring an additional 67,800 shares during the period. Segall Bryant & Hamill LLC bought a new stake in Core Molding Technologies in the fourth quarter valued at $1,121,000. Mackenzie Financial Corp increased its position in Core Molding Technologies by 185.3% during the 1st quarter. Mackenzie Financial Corp now owns 76,994 shares of the industrial products company's stock valued at $1,170,000 after purchasing an additional 50,005 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in Core Molding Technologies during the 4th quarter valued at $676,000. Hedge funds and other institutional investors own 58.79% of the company's stock.

Wall Street Analyst Weigh In

Separately, Roth Capital set a $22.00 target price on Core Molding Technologies in a 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.

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