Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO Sells $365,800.00 in Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 20,000 shares of the business’s stock in a transaction on Friday, August 23rd. The shares were sold at an average price of $18.29, for a total transaction of $365,800.00. Following the sale, the chief executive officer now directly owns 338,227 shares in the company, valued at $6,186,171.83. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Core Molding Technologies Stock Up 0.4 %

NYSEAMERICAN:CMT opened at $17.82 on Friday. Core Molding Technologies, Inc. has a one year low of $14.64 and a one year high of $30.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.86 and a current ratio of 2.28. The firm has a market capitalization of $156.10 million, a price-to-earnings ratio of 8.57 and a beta of 1.69.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its quarterly earnings results on Tuesday, August 6th. The industrial products company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.42 by $0.31. Core Molding Technologies had a net margin of 5.11% and a return on equity of 12.14%. The company had revenue of $88.74 million for the quarter, compared to analyst estimates of $78.75 million. Research analysts forecast that Core Molding Technologies, Inc. will post 1.53 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised shares of Core Molding Technologies from a “buy” rating to a “strong-buy” rating in a report on Monday, July 29th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of CMT. National Bank of Canada FI acquired a new position in shares of Core Molding Technologies in the fourth quarter worth about $27,000. Jump Financial LLC raised its position in shares of Core Molding Technologies by 62.7% in the fourth quarter. Jump Financial LLC now owns 11,879 shares of the industrial products company’s stock worth $220,000 after acquiring an additional 4,579 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Core Molding Technologies in the fourth quarter worth about $212,000. Hillsdale Investment Management Inc. raised its position in shares of Core Molding Technologies by 8.8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 133,550 shares of the industrial products company’s stock worth $2,475,000 after acquiring an additional 10,800 shares during the period. Finally, Tower Research Capital LLC TRC raised its position in shares of Core Molding Technologies by 82.7% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,761 shares of the industrial products company’s stock worth $33,000 after acquiring an additional 797 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.