Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) CEO David L. Duvall sold 1,000 shares of the stock in a transaction on Friday, December 6th. The stock was sold at an average price of $16.47, for a total value of $16,470.00. Following the transaction, the chief executive officer now directly owns 286,381 shares in the company, valued at approximately $4,716,695.07. This represents a 0.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Core Molding Technologies Price Performance
Shares of Core Molding Technologies stock opened at $16.12 on Wednesday. Core Molding Technologies, Inc. has a fifty-two week low of $14.64 and a fifty-two week high of $21.00. The firm has a market cap of $144.44 million, a price-to-earnings ratio of 9.11 and a beta of 1.75. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41.
Core Molding Technologies (NYSEAMERICAN:CMT - Get Free Report) last issued its quarterly earnings results on Tuesday, November 5th. The industrial products company reported $0.36 earnings per share for the quarter, topping analysts' consensus estimates of $0.23 by $0.13. Core Molding Technologies had a return on equity of 10.76% and a net margin of 4.95%. The company had revenue of $72.99 million for the quarter, compared to analyst estimates of $71.57 million. As a group, equities analysts expect that Core Molding Technologies, Inc. will post 1.64 EPS for the current year.
Institutional Trading of Core Molding Technologies
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A number of institutional investors and hedge funds have recently made changes to their positions in the company. Barclays PLC increased its holdings in shares of Core Molding Technologies by 278.9% during the 3rd quarter. Barclays PLC now owns 9,942 shares of the industrial products company's stock worth $172,000 after buying an additional 7,318 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Core Molding Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company's stock worth $3,012,000 after buying an additional 2,737 shares during the last quarter. State Street Corp increased its holdings in shares of Core Molding Technologies by 0.8% during the 3rd quarter. State Street Corp now owns 157,430 shares of the industrial products company's stock worth $2,709,000 after buying an additional 1,267 shares during the last quarter. Walleye Capital LLC acquired a new stake in shares of Core Molding Technologies during the 3rd quarter worth $195,000. Finally, MetLife Investment Management LLC increased its holdings in shares of Core Molding Technologies by 131.0% during the 3rd quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company's stock worth $77,000 after buying an additional 2,529 shares during the last quarter. 58.79% of the stock is currently owned by institutional investors and hedge funds.
About Core Molding Technologies
(
Get Free Report)
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.
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