David L. Duvall Sells 4,046 Shares of Core Molding Technologies Inc (NYSEAMERICAN:CMT) Stock

Core Molding Technologies Inc (NYSEAMERICAN:CMT) CEO David L. Duvall sold 4,046 shares of Core Molding Technologies stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $16.50, for a total transaction of $66,759.00. Following the transaction, the chief executive officer now directly owns 198,780 shares in the company, valued at approximately $3,279,870. The trade was a 1.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Core Molding Technologies Trading Up 0.4%

NYSEAMERICAN CMT opened at $16.57 on Thursday. The business has a fifty day moving average price of $15.84. The company has a quick ratio of 2.08, a current ratio of 2.50 and a debt-to-equity ratio of 0.13. Core Molding Technologies Inc has a 12-month low of $12.25 and a 12-month high of $19.20. The stock has a market capitalization of $153.44 million, a price-to-earnings ratio of 12.37 and a beta of 0.82.

Hedge Funds Weigh In On Core Molding Technologies

Several institutional investors and hedge funds have recently bought and sold shares of CMT. GAMMA Investing LLC lifted its stake in shares of Core Molding Technologies by 38,585.0% during the first quarter. GAMMA Investing LLC now owns 7,737 shares of the industrial products company’s stock worth $118,000 after buying an additional 7,717 shares during the period. Baird Financial Group Inc. lifted its stake in shares of Core Molding Technologies by 22.2% during the fourth quarter. Baird Financial Group Inc. now owns 98,327 shares of the industrial products company’s stock worth $1,626,000 after buying an additional 17,894 shares during the period. Northern Trust Corp lifted its stake in shares of Core Molding Technologies by 8.3% during the fourth quarter. Northern Trust Corp now owns 67,572 shares of the industrial products company’s stock worth $1,118,000 after buying an additional 5,202 shares during the period. American Century Companies Inc. lifted its stake in shares of Core Molding Technologies by 0.6% during the fourth quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company’s stock worth $3,291,000 after buying an additional 1,191 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of Core Molding Technologies during the fourth quarter worth $676,000. 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 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.