David L. Duvall Sells 14,171 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 14,171 shares of the company’s stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of $16.54, for a total value of $234,388.34. Following the completion of the sale, the chief executive officer now owns 243,341 shares of the company’s stock, valued at approximately $4,024,860.14. The trade was a 5.50 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Core Molding Technologies Price Performance

Shares of CMT stock opened at $16.51 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41. Core Molding Technologies, Inc. has a twelve month low of $14.64 and a twelve month high of $21.00. The stock has a market cap of $147.93 million, a PE ratio of 9.33 and a beta of 1.75.

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

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC acquired a new position in Core Molding Technologies in the second quarter valued at about $27,000. LSV Asset Management purchased a new stake in shares of Core Molding Technologies in the 2nd quarter valued at approximately $36,000. MetLife Investment Management LLC lifted its holdings 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 acquiring an additional 2,529 shares during the last quarter. Barclays PLC lifted its holdings 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 acquiring an additional 7,318 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in Core Molding Technologies by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 11,174 shares of the industrial products company’s stock valued at $178,000 after purchasing an additional 866 shares during the last quarter. 58.79% of the stock is currently owned by institutional investors and hedge funds.

Core Molding Technologies Company 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.