Insider Selling: Core Molding Technologies (NYSEAMERICAN:CMT) Director Sells $119,436.80 in Stock

Core Molding Technologies Inc (NYSEAMERICAN:CMT) Director Matthew Jauchius sold 6,020 shares of Core Molding Technologies stock in a transaction that occurred on Monday, September 8th. The stock was sold at an average price of $19.84, for a total transaction of $119,436.80. Following the transaction, the director owned 51,522 shares in the company, valued at approximately $1,022,196.48. The trade was a 10.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Core Molding Technologies Stock Up 0.7%

CMT opened at $21.22 on Friday. The stock has a market capitalization of $188.01 million, a price-to-earnings ratio of 19.65 and a beta of 0.68. The firm has a fifty day simple moving average of $17.97. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.85 and a quick ratio of 2.36. Core Molding Technologies Inc has a 12-month low of $12.25 and a 12-month high of $21.42.

Institutional Trading of Core Molding Technologies

Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in Core Molding Technologies by 18.6% in the second quarter. JPMorgan Chase & Co. now owns 4,703 shares of the industrial products company’s stock valued at $78,000 after purchasing an additional 738 shares in the last quarter. Inspire Advisors LLC lifted its holdings in shares of Core Molding Technologies by 3.3% during the 1st 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. Rhumbline Advisers grew its stake in shares of Core Molding Technologies by 8.9% in the 2nd quarter. Rhumbline Advisers now owns 12,647 shares of the industrial products company’s stock valued at $210,000 after buying an additional 1,038 shares in the last quarter. 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 worth $386,000 after buying an additional 1,585 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its position in Core Molding Technologies by 6,568.0% during the second quarter. Nisa Investment Advisors LLC now owns 1,667 shares of the industrial products company’s stock valued at $28,000 after acquiring an additional 1,642 shares in the last quarter. 58.79% of the stock is currently 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.