Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 13,919 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 13,919 shares of the business's stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $16.18, for a total transaction of $225,209.42. Following the completion of the transaction, the chief executive officer now owns 257,512 shares of the company's stock, valued at $4,166,544.16. The trade was a 5.13 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Core Molding Technologies Trading Up 1.5 %

Shares of Core Molding Technologies stock traded up $0.25 during midday trading on Monday, hitting $16.45. 41,688 shares of the company traded hands, compared to its average volume of 43,627. The firm has a market capitalization of $147.39 million, a PE ratio of 9.29 and a beta of 1.75. Core Molding Technologies, Inc. has a 12 month low of $14.64 and a 12 month high of $21.00. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14.

Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last released its quarterly earnings data on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.13. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. The company had revenue of $72.99 million for the quarter, compared to the consensus estimate of $71.57 million. Equities research analysts forecast that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Core Molding Technologies

Several large investors have recently modified their holdings of CMT. Tieton Capital Management LLC raised its position in shares of Core Molding Technologies by 151.9% during the second quarter. Tieton Capital Management LLC now owns 177,521 shares of the industrial products company's stock worth $2,830,000 after acquiring an additional 107,041 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Core Molding Technologies by 19.1% in the 2nd quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company's stock worth $2,821,000 after purchasing an additional 28,376 shares during the period. Inspire Advisors LLC bought a new stake in shares of Core Molding Technologies in the 3rd quarter valued at $326,000. Acadian Asset Management LLC increased its position in shares of Core Molding Technologies by 34.9% during the second quarter. Acadian Asset Management LLC now owns 63,876 shares of the industrial products company's stock worth $1,017,000 after buying an additional 16,516 shares during the period. Finally, Allspring Global Investments Holdings LLC raised its stake in Core Molding Technologies by 9.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company's stock worth $2,681,000 after buying an additional 14,181 shares during the last quarter. Institutional investors own 58.79% of the company's stock.

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.