Core Molding Technologies, Inc. (CMT) Director Buys $53,550.00 in Stock
Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Director Matthew Jauchius bought 7,000 shares of Core Molding Technologies stock in a transaction on Monday, November 12th. The shares were purchased at an average cost of $7.65 per share, for a total transaction of $53,550.00. Following the completion of the purchase, the director now directly owns 33,304 shares of the company’s stock, valued at $254,775.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of CMT opened at $7.47 on Thursday. Core Molding Technologies, Inc. has a 1-year low of $6.37 and a 1-year high of $23.80.
Institutional investors and hedge funds have recently made changes to their positions in the business. Teton Advisors Inc. increased its position in shares of Core Molding Technologies by 29.2% during the third quarter. Teton Advisors Inc. now owns 398,700 shares of the industrial products company’s stock valued at $2,659,000 after acquiring an additional 90,200 shares during the last quarter. LMR Partners LLP acquired a new stake in shares of Core Molding Technologies during the second quarter valued at about $290,000. Paloma Partners Management Co acquired a new stake in shares of Core Molding Technologies during the second quarter valued at about $511,000. Millennium Management LLC acquired a new stake in shares of Core Molding Technologies during the second quarter valued at about $1,810,000. Finally, Gabelli Funds LLC increased its position in shares of Core Molding Technologies by 15.5% during the third quarter. Gabelli Funds LLC now owns 346,437 shares of the industrial products company’s stock valued at $2,311,000 after acquiring an additional 46,437 shares during the last quarter.
About Core Molding Technologies
Core Molding Technologies, Inc, together with its subsidiaries, manufactures sheet molding compound (SMC) and molds fiberglass reinforced plastics. It specializes in large-format moldings and offers a range of fiberglass processes, including compression molding of SMC, glass mat thermoplastics, bulk molding compounds, and direct long-fiber thermoplastics; and spray-up, hand lay-up, and resin transfer molding.
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