Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer Sells 6,000 Shares of Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMTGet Free Report) CFO John P. Zimmer sold 6,000 shares of the company’s stock in a transaction on Wednesday, September 13th. The stock was sold at an average price of $25.32, for a total value of $151,920.00. Following the sale, the chief financial officer now owns 200,418 shares of the company’s stock, valued at approximately $5,074,583.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Core Molding Technologies Trading Up 0.4 %

CMT stock opened at $25.52 on Friday. The stock has a fifty day simple moving average of $18.10. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.40 and a current ratio of 1.85. Core Molding Technologies, Inc. has a 1-year low of $8.74 and a 1-year high of $28.34. The stock has a market capitalization of $229.68 million, a PE ratio of 10.21 and a beta of 1.87.

Core Molding Technologies (NYSEAMERICAN:CMTGet Free Report) last posted its quarterly earnings data on Tuesday, August 8th. The industrial products company reported $0.91 earnings per share for the quarter. Core Molding Technologies had a return on equity of 18.02% and a net margin of 5.18%. The business had revenue of $97.73 million for the quarter.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in CMT. BlackRock Inc. lifted its position in shares of Core Molding Technologies by 669.3% during the 2nd quarter. BlackRock Inc. now owns 419,435 shares of the industrial products company’s stock valued at $9,542,000 after buying an additional 364,916 shares during the last quarter. Acadian Asset Management LLC lifted its holdings in Core Molding Technologies by 824.6% during the 1st quarter. Acadian Asset Management LLC now owns 101,771 shares of the industrial products company’s stock worth $1,828,000 after purchasing an additional 90,764 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Core Molding Technologies by 124.9% during the 2nd quarter. Geode Capital Management LLC now owns 141,221 shares of the industrial products company’s stock worth $3,213,000 after purchasing an additional 78,436 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new position in Core Molding Technologies in the 1st quarter worth about $1,287,000. Finally, State Street Corp boosted its stake in Core Molding Technologies by 263.5% in the 2nd quarter. State Street Corp now owns 90,132 shares of the industrial products company’s stock worth $2,051,000 after purchasing an additional 65,339 shares during the period. Hedge funds and other institutional investors own 50.43% of the company’s stock.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Core Molding Technologies in a report on Wednesday, August 23rd. They set a “strong-buy” rating for the company.

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About Core Molding Technologies

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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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Insider Buying and Selling by Quarter for Core Molding Technologies (NYSEAMERICAN:CMT)

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