Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 4,500 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 4,500 shares of the stock in a transaction dated Thursday, December 26th. The shares were sold at an average price of $16.47, for a total transaction of $74,115.00. Following the completion of the sale, the chief executive officer now owns 238,841 shares of the company's stock, valued at approximately $3,933,711.27. This represents a 1.85 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Core Molding Technologies Stock Performance

NYSEAMERICAN CMT traded down $0.07 during trading hours on Friday, reaching $16.51. 44,975 shares of the company were exchanged, compared to its average volume of 43,600. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $21.00. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41. The company has a market capitalization of $147.93 million, a PE ratio of 9.33 and a beta of 1.75.

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

Institutional Trading of Core Molding Technologies

A number of large investors have recently added to or reduced their stakes in the stock. Rhumbline Advisers increased its holdings in Core Molding Technologies by 8.4% during the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company's stock worth $178,000 after buying an additional 866 shares during the last quarter. State Street Corp boosted its position in Core Molding Technologies by 0.8% during the third quarter. State Street Corp now owns 157,430 shares of the industrial products company's stock worth $2,709,000 after purchasing an additional 1,267 shares during the period. Ashton Thomas Private Wealth LLC bought a new position in Core Molding Technologies during the second quarter worth about $27,000. Empowered Funds LLC boosted its position in Core Molding Technologies by 5.1% during the third quarter. Empowered Funds LLC now owns 36,182 shares of the industrial products company's stock worth $623,000 after purchasing an additional 1,742 shares during the period. Finally, Bank of New York Mellon Corp boosted its position in Core Molding Technologies by 5.3% during the second quarter. Bank of New York Mellon Corp now owns 36,724 shares of the industrial products company's stock worth $585,000 after purchasing an additional 1,856 shares during the period. Hedge funds and other 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.