David L. Duvall Sells 2,000 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 2,000 shares of the company’s stock in a transaction on Monday, December 9th. The stock was sold at an average price of $16.55, for a total value of $33,100.00. Following the sale, the chief executive officer now owns 284,381 shares of the company’s stock, valued at approximately $4,706,505.55. This represents a 0.70 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Core Molding Technologies Trading Down 1.9 %

Shares of CMT traded down $0.31 during trading hours on Tuesday, hitting $16.12. The company had a trading volume of 48,103 shares, compared to its average volume of 43,551. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. The firm has a market cap of $144.44 million, a price-to-earnings ratio of 9.13 and a beta of 1.75. Core Molding Technologies, Inc. has a one year low of $14.64 and a one year high of $21.00.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Tieton Capital Management LLC grew its stake in Core Molding Technologies by 151.9% during the 2nd quarter. Tieton Capital Management LLC now owns 177,521 shares of the industrial products company’s stock worth $2,830,000 after buying an additional 107,041 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Core Molding Technologies by 12.8% in the first quarter. Vanguard Group Inc. now owns 434,726 shares of the industrial products company’s stock worth $8,229,000 after acquiring an additional 49,501 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Core Molding Technologies by 19.1% during the second quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock worth $2,821,000 after acquiring an additional 28,376 shares during the last quarter. Inspire Advisors LLC purchased a new stake in shares of Core Molding Technologies during the third quarter worth about $326,000. Finally, Acadian Asset Management LLC increased its holdings 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 valued at $1,017,000 after acquiring an additional 16,516 shares in the last quarter. 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.