Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer Sells 7,600 Shares of Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer sold 7,600 shares of the stock in a transaction on Monday, November 25th. The stock was sold at an average price of $17.78, for a total value of $135,128.00. Following the completion of the transaction, the chief financial officer now owns 107,959 shares in the company, valued at approximately $1,919,511.02. This represents a 6.58 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Core Molding Technologies Stock Performance

Shares of CMT stock opened at $16.57 on Thursday. The company has a debt-to-equity ratio of 0.14, a current ratio of 2.41 and a quick ratio of 1.98. Core Molding Technologies, Inc. has a 12 month low of $14.64 and a 12 month high of $21.00. The firm has a market cap of $148.47 million, a price-to-earnings ratio of 9.36 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. Core Molding Technologies had a net margin of 4.95% and a return on equity of 10.76%. The company had revenue of $72.99 million during the quarter, compared to the consensus estimate of $71.57 million. As a group, analysts predict that Core Molding Technologies, Inc. will post 1.64 earnings per share for the current year.

Institutional Trading of Core Molding Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC boosted its position in shares of Core Molding Technologies by 278.9% during the third quarter. Barclays PLC now owns 9,942 shares of the industrial products company’s stock valued at $172,000 after buying an additional 7,318 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Core Molding Technologies by 1.6% during the 3rd quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock worth $3,012,000 after acquiring an additional 2,737 shares during the last quarter. State Street Corp lifted its position in shares of 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 valued at $2,709,000 after purchasing an additional 1,267 shares in the last quarter. Walleye Capital LLC bought a new position in shares of Core Molding Technologies during the third quarter valued at about $195,000. Finally, MetLife Investment Management LLC boosted its holdings in Core Molding Technologies by 131.0% during the third quarter. MetLife Investment Management LLC now owns 4,460 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 2,529 shares during the last quarter. 58.79% of the stock is owned by hedge funds and other institutional investors.

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.