Insider Selling: Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO Sells 9,970 Shares of Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 9,970 shares of the firm’s stock in a transaction dated Friday, June 6th. The shares were sold at an average price of $16.07, for a total value of $160,217.90. Following the transaction, the chief executive officer now owns 218,510 shares in the company, valued at approximately $3,511,455.70. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Core Molding Technologies Stock Down 0.4%

Shares of NYSEAMERICAN:CMT traded down $0.06 during trading on Monday, reaching $15.99. The stock had a trading volume of 26,120 shares, compared to its average volume of 39,116. The firm’s fifty day moving average is $15.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 52 week low of $12.25 and a 52 week high of $19.20. The stock has a market capitalization of $143.27 million, a price-to-earnings ratio of 9.03 and a beta of 1.74.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Deutsche Bank AG lifted its position in Core Molding Technologies by 99.2% during the 4th quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company’s stock worth $106,000 after acquiring an additional 3,177 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Core Molding Technologies by 38,585.0% in the first quarter. GAMMA Investing LLC now owns 7,737 shares of the industrial products company’s stock worth $118,000 after purchasing an additional 7,717 shares during the period. Barclays PLC lifted its position in shares of Core Molding Technologies by 14.3% during the 4th quarter. Barclays PLC now owns 11,368 shares of the industrial products company’s stock worth $188,000 after purchasing an additional 1,426 shares during the last quarter. Stoneridge Investment Partners LLC acquired a new position in shares of Core Molding Technologies during the 4th quarter worth about $189,000. Finally, White Pine Capital LLC bought a new stake in Core Molding Technologies during the 4th quarter valued at approximately $256,000. Institutional investors own 58.79% of the company’s stock.

Analysts Set New Price Targets

Separately, Roth Capital set a $22.00 price objective on 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.