David L. Duvall Sells 1,000 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 1,000 shares of the business’s stock in a transaction on Friday, December 6th. The shares were sold at an average price of $16.47, for a total transaction of $16,470.00. Following the sale, the chief executive officer now owns 286,381 shares of the company’s stock, valued at approximately $4,716,695.07. This represents a 0.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Core Molding Technologies Stock Performance

Shares of CMT stock traded down $0.31 on Tuesday, reaching $16.12. The stock had a trading volume of 48,103 shares, compared to its average volume of 43,551. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $21.00. The company has a market cap of $144.44 million, a P/E ratio of 9.11 and a beta of 1.75.

Core Molding Technologies (NYSEAMERICAN:CMT) last released its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $72.99 million during the quarter, compared to the consensus estimate of $71.57 million. On average, equities analysts forecast that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Institutional Trading of Core Molding Technologies

Large investors have recently added to or reduced their stakes in the business. Barclays PLC grew its holdings in Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock valued at $172,000 after purchasing an additional 7,318 shares during the period. Geode Capital Management LLC grew its stake in shares of Core Molding Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock valued at $3,012,000 after acquiring an additional 2,737 shares during the period. State Street Corp grew its stake in shares of Core Molding Technologies by 0.8% during the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock valued at $2,709,000 after acquiring an additional 1,267 shares during the period. Walleye Capital LLC purchased a new stake in Core Molding Technologies in the 3rd quarter worth approximately $195,000. Finally, MetLife Investment Management LLC raised its stake in 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 worth $77,000 after acquiring an additional 2,529 shares during the period. 58.79% of the stock is currently owned by 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.