Eric Palomaki Acquires 1,000 Shares of Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Eric Palomaki acquired 1,000 shares of the company’s stock in a transaction dated Friday, March 14th. The shares were bought at an average price of $14.01 per share, for a total transaction of $14,010.00. Following the acquisition, the executive vice president now owns 159,244 shares in the company, valued at approximately $2,231,008.44. This trade represents a 0.63 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eric Palomaki also recently made the following trade(s):

• On Monday, March 17th, Eric Palomaki acquired 1,000 shares of Core Molding Technologies stock. The shares were purchased at an average cost of $13.99 per share, for a total transaction of $13,990.00.

Core Molding Technologies Trading Up 1.7 %

CMT stock opened at $14.60 on Thursday. Core Molding Technologies, Inc. has a 1-year low of $12.25 and a 1-year high of $21.00. 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 company has a market capitalization of $130.82 million, a PE ratio of 8.25 and a beta of 1.74.

Analyst Upgrades and Downgrades

Separately, Roth Capital set a $22.00 price objective on shares of Core Molding Technologies in a report on Wednesday, March 12th.

Institutional Investors Weigh In On Core Molding Technologies

Several large investors have recently made changes to their positions in the company. MetLife Investment Management LLC boosted its position in Core Molding Technologies by 131.0% in the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock valued at $77,000 after buying an additional 2,529 shares in the last quarter. Deutsche Bank AG grew its position in Core Molding Technologies by 99.2% during the 4th quarter. Deutsche Bank AG now owns 6,380 shares of the industrial products company’s stock worth $106,000 after acquiring an additional 3,177 shares during the last quarter. Barclays PLC raised its position in Core Molding Technologies by 278.9% in 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 last quarter. Walleye Capital LLC acquired a new position in Core Molding Technologies in the third quarter worth $195,000. Finally, Stoneridge Investment Partners LLC acquired a new stake in shares of Core Molding Technologies in the fourth quarter valued at $189,000. Institutional investors own 58.79% of the company’s stock.

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.