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

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 4,500 shares of Core Molding Technologies stock in a transaction that occurred on Thursday, December 26th. The stock was sold at an average price of $16.47, for a total value of $74,115.00. Following the completion of the sale, the chief executive officer now owns 238,841 shares in the company, valued at approximately $3,933,711.27. This represents a 1.85 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Core Molding Technologies Stock Performance

CMT stock traded down $0.07 on Friday, reaching $16.51. The company’s stock had a trading volume of 44,975 shares, compared to its average volume of 43,596. The firm 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, Inc. has a 12-month low of $14.64 and a 12-month high of $21.00. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ashton Thomas Private Wealth LLC bought a new stake in shares of Core Molding Technologies during the second quarter valued at approximately $27,000. LSV Asset Management purchased a new stake in Core Molding Technologies during the 2nd quarter valued at $36,000. MetLife Investment Management LLC lifted its holdings in shares of Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock valued at $77,000 after buying an additional 2,529 shares during the period. Barclays PLC boosted its stake in shares of Core Molding Technologies by 278.9% in 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 holdings in shares of Core Molding Technologies by 8.4% in the second quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock worth $178,000 after acquiring an additional 866 shares during the period. Institutional investors 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.