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 stock in a transaction that occurred on Wednesday, June 18th. The shares were sold at an average price of $16.49, for a total transaction of $16,490.00. Following the transaction, the chief executive officer now owns 202,826 shares in the company, valued at $3,344,600.74. The trade was a 0.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Core Molding Technologies Price Performance

Shares of NYSEAMERICAN CMT opened at $16.44 on Friday. Core Molding Technologies Inc has a one year low of $12.25 and a one year high of $19.20. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.50 and a quick ratio of 2.08. The company’s 50 day simple moving average is $15.74. The company has a market capitalization of $152.23 million, a PE ratio of 12.27 and a beta of 0.82.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Tieton Capital Management LLC raised its holdings in Core Molding Technologies by 24.0% during the 4th quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company’s stock valued at $5,786,000 after buying an additional 67,800 shares during the last quarter. American Century Companies Inc. raised its holdings in Core Molding Technologies by 10.4% during the 1st quarter. American Century Companies Inc. now owns 219,724 shares of the industrial products company’s stock valued at $3,340,000 after buying an additional 20,730 shares during the last quarter. Diamond Hill Capital Management Inc. raised its holdings in Core Molding Technologies by 18.0% during the 1st quarter. Diamond Hill Capital Management Inc. now owns 182,452 shares of the industrial products company’s stock valued at $2,773,000 after buying an additional 27,848 shares during the last quarter. Pacific Ridge Capital Partners LLC raised its holdings in Core Molding Technologies by 28.0% during the 1st quarter. Pacific Ridge Capital Partners LLC now owns 153,694 shares of the industrial products company’s stock valued at $2,336,000 after buying an additional 33,663 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its holdings in Core Molding Technologies by 1.2% during the 4th 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. 58.79% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

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.