Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO Sells $135,128.00 in Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer sold 7,600 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $17.78, for a total value of $135,128.00. Following the transaction, the chief financial officer now owns 107,959 shares of the company’s stock, valued at $1,919,511.02. This represents a 6.58 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Core Molding Technologies Trading Down 5.0 %

CMT stock opened at $16.61 on Friday. The company has a current ratio of 2.41, a quick ratio of 1.98 and a debt-to-equity ratio of 0.14. Core Molding Technologies, Inc. has a 1 year low of $14.64 and a 1 year high of $21.00. The firm has a market capitalization of $148.83 million, a price-to-earnings ratio of 9.38 and a beta of 1.69.

Core Molding Technologies (NYSEAMERICAN:CMT) last posted its earnings results on Tuesday, November 5th. The industrial products company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.23 by $0.13. The firm had revenue of $72.99 million during the quarter, compared to analysts’ expectations of $71.57 million. Core Molding Technologies had a net margin of 4.95% and a return on equity of 10.76%. Equities analysts anticipate that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Institutional Trading of Core Molding Technologies

Several large investors have recently added to or reduced their stakes in the business. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Core Molding Technologies in the 2nd quarter worth approximately $27,000. LSV Asset Management acquired a new stake in Core Molding Technologies in the second quarter worth approximately $36,000. MetLife Investment Management LLC boosted its stake in 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 valued at $77,000 after purchasing an additional 2,529 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in shares of Core Molding Technologies during the 1st quarter valued at $155,000. Finally, Barclays PLC increased its position 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 valued at $172,000 after purchasing an additional 7,318 shares during the period. 58.79% of the stock is currently owned by institutional investors and hedge funds.

Core Molding Technologies Company Profile

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.