Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall Sells 9,970 Shares

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CEO David L. Duvall sold 9,970 shares of the firm’s stock in a transaction on Friday, June 6th. The stock was sold at an average price of $16.07, for a total transaction of $160,217.90. Following the completion of the sale, the chief executive officer now owns 218,510 shares in the company, valued at approximately $3,511,455.70. The trade was a 4.36% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Core Molding Technologies Trading Down 0.4%

CMT stock traded down $0.06 during trading on Monday, hitting $15.99. 26,120 shares of the stock traded hands, compared to its average volume of 39,116. The stock has a market cap of $143.27 million, a PE ratio of 9.03 and a beta of 1.74. 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 0.14, a quick ratio of 1.98 and a current ratio of 2.41. The stock has a 50 day moving average of $15.41.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. Tieton Capital Management LLC raised its holdings in Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company’s stock worth $5,786,000 after purchasing an additional 67,800 shares during the period. American Century Companies Inc. raised its stake 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 worth $3,340,000 after buying an additional 20,730 shares during the period. Diamond Hill Capital Management Inc. raised its stake 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 worth $2,773,000 after buying an additional 27,848 shares during the period. Pacific Ridge Capital Partners LLC grew its stake in Core Molding Technologies by 28.0% in the first quarter. Pacific Ridge Capital Partners LLC now owns 153,694 shares of the industrial products company’s stock valued at $2,336,000 after acquiring an additional 33,663 shares during the period. Finally, Bridgeway Capital Management LLC grew its stake 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 acquiring an additional 1,292 shares during the period. Institutional investors own 58.79% of the company’s stock.

Wall Street Analyst Weigh In

Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research note 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.