Core Molding Technologies, Inc. (NYSEAMERICAN:CMT - Get Free Report) EVP Eric Palomaki purchased 1,000 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The shares were bought at an average price of $13.99 per share, with a total value of $13,990.00. Following the completion of the acquisition, the executive vice president now owns 160,244 shares of the company's stock, valued at $2,241,813.56. This trade represents a 0.63 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Eric Palomaki also recently made the following trade(s):
- On Friday, March 14th, Eric Palomaki bought 1,000 shares of Core Molding Technologies stock. The shares were bought at an average cost of $14.01 per share, with a total value of $14,010.00.
Core Molding Technologies Trading Up 1.7 %
CMT opened at $14.60 on Thursday. The company has a quick ratio of 1.98, a current ratio of 2.41 and a debt-to-equity ratio of 0.14. The stock has a market cap of $130.82 million, a PE ratio of 8.25 and a beta of 1.74. Core Molding Technologies, Inc. has a 52-week low of $12.25 and a 52-week high of $21.00.
Hedge Funds Weigh In On Core Molding Technologies
Institutional investors have recently modified their holdings of the company. Tieton Capital Management LLC grew its position in shares of 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 valued at $5,786,000 after purchasing an additional 67,800 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Core Molding Technologies by 0.6% in the 4th 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 in the last quarter. Geode Capital Management LLC grew its position in Core Molding Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company's stock valued at $3,012,000 after acquiring an additional 2,737 shares during the period. State Street Corp grew its stake in Core Molding Technologies by 0.8% during the third 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. Finally, Diamond Hill Capital Management Inc. boosted its holdings in shares of Core Molding Technologies by 3.5% in the 4th quarter. Diamond Hill Capital Management Inc. now owns 154,604 shares of the industrial products company's stock worth $2,557,000 after acquiring an additional 5,284 shares in the last quarter. Institutional investors own 58.79% of the company's stock.
Analyst Ratings Changes
Separately, Roth Capital set a $22.00 target price on shares of Core Molding Technologies in a research report on Wednesday, March 12th.
Read Our Latest Analysis on CMT
Core Molding Technologies Company Profile
(
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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