Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer Sells 4,030 Shares of Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) CFO John P. Zimmer sold 4,030 shares of the company’s stock in a transaction on Monday, September 11th. The stock was sold at an average price of $25.57, for a total transaction of $103,047.10. Following the completion of the transaction, the chief financial officer now directly owns 213,418 shares in the company, valued at $5,457,098.26. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Core Molding Technologies Price Performance

CMT stock opened at $25.91 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.85 and a quick ratio of 1.40. Core Molding Technologies, Inc. has a 52-week low of $8.74 and a 52-week high of $28.34. The company’s 50-day moving average price is $18.10. The company has a market capitalization of $233.19 million, a PE ratio of 11.27 and a beta of 1.87.

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

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Core Molding Technologies

Hedge funds have recently bought and sold shares of the company. BlackRock Inc. boosted its holdings in Core Molding Technologies by 669.3% during the second quarter. BlackRock Inc. now owns 419,435 shares of the industrial products company’s stock valued at $9,542,000 after purchasing an additional 364,916 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in Core Molding Technologies by 824.6% during the first quarter. Acadian Asset Management LLC now owns 101,771 shares of the industrial products company’s stock valued at $1,828,000 after purchasing an additional 90,764 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Core Molding Technologies by 124.9% during the second quarter. Geode Capital Management LLC now owns 141,221 shares of the industrial products company’s stock valued at $3,213,000 after purchasing an additional 78,436 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Core Molding Technologies during the first quarter valued at approximately $1,287,000. Finally, State Street Corp boosted its holdings in Core Molding Technologies by 263.5% during the second quarter. State Street Corp now owns 90,132 shares of the industrial products company’s stock valued at $2,051,000 after purchasing an additional 65,339 shares in the last quarter. 50.43% of the stock is currently owned by institutional investors.

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.