Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 14,171 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 14,171 shares of the firm’s stock in a transaction on Tuesday, December 24th. The stock was sold at an average price of $16.54, for a total value of $234,388.34. Following the completion of the transaction, the chief executive officer now owns 243,341 shares in the company, valued at $4,024,860.14. This represents a 5.50 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Core Molding Technologies Price Performance

NYSEAMERICAN:CMT opened at $16.51 on Friday. 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, Inc. has a 1-year low of $14.64 and a 1-year high of $21.00. The stock has a market capitalization of $147.93 million, a price-to-earnings ratio of 9.33 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last announced its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share for the quarter, beating analysts’ consensus estimates of $0.23 by $0.13. The business had revenue of $72.99 million for the quarter, compared to the consensus estimate of $71.57 million. Core Molding Technologies had a net margin of 4.95% and a return on equity of 10.76%. Analysts predict that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Hedge Funds Weigh In On Core Molding Technologies

Institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC raised its holdings in Core Molding Technologies by 278.9% during the 3rd quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock worth $172,000 after buying an additional 7,318 shares during the period. Geode Capital Management LLC increased its position in shares of Core Molding Technologies by 1.6% during the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock worth $3,012,000 after acquiring an additional 2,737 shares in the last quarter. State Street Corp raised its holdings in shares of 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 acquiring an additional 1,267 shares during the period. Walleye Capital LLC bought a new stake in Core Molding Technologies in the 3rd quarter valued at $195,000. Finally, MetLife Investment Management LLC boosted its stake in Core Molding Technologies by 131.0% in the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 2,529 shares during the period. Institutional investors and hedge funds own 58.79% of the company’s stock.

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.