David L. Duvall Sells 9,000 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 9,000 shares of the business’s stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $16.02, for a total value of $144,180.00. Following the transaction, the chief executive officer now owns 239,780 shares in the company, valued at approximately $3,841,275.60. This represents a 3.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Core Molding Technologies Stock Performance

Shares of NYSEAMERICAN CMT opened at $16.05 on Friday. Core Molding Technologies, Inc. has a 1 year low of $12.25 and a 1 year high of $19.20. The stock has a market capitalization of $143.81 million, a price-to-earnings ratio of 9.07 and a beta of 1.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41. The stock’s 50-day simple moving average is $15.41.

Analyst Upgrades and Downgrades

Separately, Roth Capital set a $22.00 target price on Core Molding Technologies in a research report on Wednesday, March 12th.

Institutional Trading of Core Molding Technologies

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Inspire Advisors LLC increased its holdings in Core Molding Technologies by 3.3% in the first quarter. Inspire Advisors LLC now owns 27,085 shares of the industrial products company’s stock valued at $412,000 after buying an additional 871 shares during the last quarter. American Century Companies Inc. increased its holdings in Core Molding Technologies by 0.6% in the fourth quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company’s stock valued at $3,291,000 after buying an additional 1,191 shares during the last quarter. Bridgeway Capital Management LLC increased its holdings in Core Molding Technologies by 1.2% in the fourth quarter. Bridgeway Capital Management LLC now owns 106,674 shares of the industrial products company’s stock valued at $1,764,000 after buying an additional 1,292 shares during the last quarter. Barclays PLC increased its holdings in Core Molding Technologies by 14.3% in the fourth quarter. Barclays PLC now owns 11,368 shares of the industrial products company’s stock valued at $188,000 after buying an additional 1,426 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in Core Molding Technologies by 7.3% in the fourth quarter. Bank of America Corp DE now owns 23,345 shares of the industrial products company’s stock valued at $386,000 after buying an additional 1,585 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.