Insider Selling: Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO Sells 4,046 Shares of Stock

Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO David L. Duvall sold 4,046 shares of the company’s stock in a transaction dated Friday, June 20th. The stock was sold at an average price of $16.50, for a total value of $66,759.00. Following the completion of the sale, the chief executive officer now owns 198,780 shares in the company, valued at $3,279,870. The trade was a 1.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Core Molding Technologies Stock Down 0.1%

CMT opened at $16.51 on Wednesday. The firm has a market cap of $152.88 million, a P/E ratio of 12.32 and a beta of 0.82. The stock’s 50-day moving average is $15.81. Core Molding Technologies Inc has a twelve month low of $12.25 and a twelve month high of $19.20. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.08 and a current ratio of 2.50.

Institutional Trading of Core Molding Technologies

Several large investors have recently made changes to their positions in the company. Inspire Advisors LLC boosted its position in shares of Core Molding Technologies by 3.3% during the 1st quarter. Inspire Advisors LLC now owns 27,085 shares of the industrial products company’s stock valued at $412,000 after acquiring an additional 871 shares during the last quarter. American Century Companies Inc. boosted its position in Core Molding Technologies by 0.6% in the 4th quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company’s stock valued at $3,291,000 after buying an additional 1,191 shares during the period. Bridgeway Capital Management LLC boosted its holdings in Core Molding Technologies by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company’s stock valued at $1,764,000 after purchasing an additional 1,292 shares during the period. Barclays PLC grew its position in shares of Core Molding Technologies by 14.3% during the fourth quarter. Barclays PLC now owns 11,368 shares of the industrial products company’s stock worth $188,000 after buying an additional 1,426 shares in the last quarter. Finally, Bank of America Corp DE increased its position in shares of Core Molding Technologies by 7.3% in the 4th quarter. Bank of America Corp DE now owns 23,345 shares of the industrial products company’s stock valued at $386,000 after purchasing an additional 1,585 shares during the last quarter. 58.79% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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