Goldman Sachs Group Inc. Sells 6,072 Shares of Core Molding Technologies Inc $CMT

Goldman Sachs Group Inc. trimmed its position in Core Molding Technologies Inc (NYSEAMERICAN:CMT) by 12.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 41,873 shares of the industrial products company’s stock after selling 6,072 shares during the period. Goldman Sachs Group Inc. owned 0.45% of Core Molding Technologies worth $636,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Strs Ohio bought a new stake in shares of Core Molding Technologies during the 1st quarter worth $497,000. Empowered Funds LLC lifted its holdings in shares of Core Molding Technologies by 7.6% during the 1st quarter. Empowered Funds LLC now owns 40,862 shares of the industrial products company’s stock worth $621,000 after acquiring an additional 2,888 shares during the last quarter. Ancora Advisors LLC bought a new stake in shares of Core Molding Technologies during the 1st quarter worth $336,000. American Century Companies Inc. lifted its holdings in shares of Core Molding Technologies by 10.4% during the 1st quarter. American Century Companies Inc. now owns 219,724 shares of the industrial products company’s stock worth $3,340,000 after acquiring an additional 20,730 shares during the last quarter. Finally, Russell Investments Group Ltd. bought a new stake in shares of Core Molding Technologies during the 1st quarter worth $288,000. 58.79% of the stock is owned by institutional investors.

Insider Transactions at Core Molding Technologies

In other news, Director Matthew Jauchius sold 6,020 shares of Core Molding Technologies stock in a transaction on Monday, September 8th. The shares were sold at an average price of $19.84, for a total transaction of $119,436.80. Following the completion of the sale, the director directly owned 51,522 shares of the company’s stock, valued at approximately $1,022,196.48. The trade was a 10.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO David L. Duvall sold 50,000 shares of Core Molding Technologies stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $20.32, for a total transaction of $1,016,000.00. Following the sale, the chief executive officer directly owned 148,780 shares of the company’s stock, valued at $3,023,209.60. This represents a 25.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,020 shares of company stock valued at $1,323,561. Insiders own 10.00% of the company’s stock.

Core Molding Technologies Stock Performance

NYSEAMERICAN CMT opened at $21.87 on Thursday. Core Molding Technologies Inc has a 52-week low of $12.25 and a 52-week high of $22.29. The company has a debt-to-equity ratio of 0.12, a quick ratio of 2.36 and a current ratio of 2.85. The company has a market capitalization of $193.77 million, a P/E ratio of 20.25 and a beta of 0.68. The company has a fifty day moving average of $18.69 and a 200-day moving average of $16.70.

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.