Allspring Global Investments Holdings LLC Sells 14,092 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT)

Allspring Global Investments Holdings LLC lowered its stake in Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) by 9.1% in the 4th quarter, Holdings Channel reports. The firm owned 140,065 shares of the industrial products company’s stock after selling 14,092 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Core Molding Technologies were worth $2,317,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. State Street Corp grew 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 purchasing an additional 1,267 shares in the last quarter. Empowered Funds LLC grew its holdings in shares of Core Molding Technologies by 5.1% during the third quarter. Empowered Funds LLC now owns 36,182 shares of the industrial products company’s stock worth $623,000 after purchasing an additional 1,742 shares in the last quarter. MetLife Investment Management LLC grew its holdings in shares of Core Molding Technologies by 131.0% during the third 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. Geode Capital Management LLC grew its holdings 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 purchasing an additional 2,737 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock worth $172,000 after purchasing an additional 7,318 shares in the last quarter. Institutional investors own 58.79% of the company’s stock.

Core Molding Technologies Price Performance

Shares of NYSEAMERICAN CMT opened at $13.26 on Friday. Core Molding Technologies, Inc. has a 12 month low of $13.00 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. The stock has a market cap of $118.81 million, a PE ratio of 7.49 and a beta of 1.74.

Insiders Place Their Bets

In other Core Molding Technologies news, CEO David L. Duvall sold 2,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief executive officer now owns 284,381 shares in the company, valued at approximately $4,706,505.55. The trade was a 0.70 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO John P. Zimmer sold 7,600 shares of the company’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $17.78, for a total value of $135,128.00. Following the transaction, the chief financial officer now owns 107,959 shares of the company’s stock, valued at approximately $1,919,511.02. This represents a 6.58 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 44,190 shares of company stock valued at $734,561 over the last quarter. 13.10% of the stock is owned by corporate insiders.

Core Molding Technologies 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.