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 business’s stock in a transaction dated Monday, December 9th. The stock was sold at an average price of $16.55, for a total transaction of $33,100.00. Following the completion of the sale, the chief executive officer now owns 284,381 shares in the company, valued at approximately $4,706,505.55. This trade represents a 0.70 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Core Molding Technologies Stock Performance

Core Molding Technologies stock opened at $16.18 on Friday. Core Molding Technologies, Inc. has a 12-month low of $14.64 and a 12-month high of $21.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. The stock has a market capitalization of $144.93 million, a PE ratio of 9.08 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.23 by $0.13. The company 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%. As a group, analysts predict 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

Institutional investors have recently bought and sold shares of the business. Ashton Thomas Private Wealth LLC acquired a new stake in Core Molding Technologies in the second quarter valued at approximately $27,000. LSV Asset Management purchased a new stake in shares of Core Molding Technologies during the 2nd quarter valued at $36,000. MetLife Investment Management LLC boosted its position in shares of 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 in the last quarter. Barclays PLC grew its stake 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 last quarter. Finally, Rhumbline Advisers grew its stake in Core Molding Technologies by 8.4% during the 2nd 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. 58.79% of the stock is owned by hedge funds and other institutional investors.

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.