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 on Monday, November 25th. The shares were sold at an average price of $17.78, for a total transaction of $135,128.00. Following the completion of the transaction, the chief financial officer now directly owns 107,959 shares of the company’s stock, valued at $1,919,511.02. This trade represents a 6.58 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Core Molding Technologies Stock Down 0.6 %

CMT opened at $16.52 on Friday. The firm has a market capitalization of $147.97 million, a P/E ratio of 9.33 and a beta of 1.69. 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 12 month low of $14.64 and a 12 month high of $21.00.

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

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its position in Core Molding Technologies by 12.8% during the first quarter. Vanguard Group Inc. now owns 434,726 shares of the industrial products company’s stock valued at $8,229,000 after purchasing an additional 49,501 shares during the last quarter. Tieton Capital Management LLC grew its stake in shares of Core Molding Technologies by 58.9% in the third quarter. Tieton Capital Management LLC now owns 282,036 shares of the industrial products company’s stock valued at $4,854,000 after buying an additional 104,515 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Core Molding Technologies by 19.1% in the second quarter. American Century Companies Inc. now owns 176,950 shares of the industrial products company’s stock valued at $2,821,000 after buying an additional 28,376 shares in the last quarter. Geode Capital Management LLC increased its holdings in Core Molding Technologies by 1.6% during the third 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. Finally, Allspring Global Investments Holdings LLC raised its position in Core Molding Technologies by 9.2% during the second quarter. Allspring Global Investments Holdings LLC now owns 168,168 shares of the industrial products company’s stock worth $2,681,000 after acquiring an additional 14,181 shares in the last quarter. Institutional investors and hedge funds own 58.79% of the company’s stock.

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.