Core Molding Technologies (NYSEAMERICAN:CMT) Director Thomas Cellitti Sells 3,103 Shares

Core Molding Technologies Inc (NYSEAMERICAN:CMT) Director Thomas Cellitti sold 3,103 shares of the stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $18.64, for a total transaction of $57,839.92. Following the completion of the sale, the director owned 96,165 shares of the company’s stock, valued at approximately $1,792,515.60. This trade represents a 3.13% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Core Molding Technologies Stock Performance

NYSEAMERICAN:CMT opened at $19.16 on Thursday. 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 stock has a market cap of $169.76 million, a price-to-earnings ratio of 17.74 and a beta of 0.79. Core Molding Technologies Inc has a 52 week low of $12.25 and a 52 week high of $19.47. The company has a 50-day moving average price of $17.28.

Institutional Investors Weigh In On Core Molding Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bridgeway Capital Management LLC increased its stake in Core Molding Technologies by 4.2% in the 2nd quarter. Bridgeway Capital Management LLC now owns 98,874 shares of the industrial products company’s stock valued at $1,640,000 after buying an additional 4,012 shares during the last quarter. Quantinno Capital Management LP increased its stake in Core Molding Technologies by 46.2% in the 2nd quarter. Quantinno Capital Management LP now owns 25,769 shares of the industrial products company’s stock valued at $428,000 after buying an additional 8,146 shares during the last quarter. 22NW LP purchased a new stake in shares of Core Molding Technologies during the 2nd quarter worth approximately $3,172,000. Rhumbline Advisers increased its stake in shares of Core Molding Technologies by 8.9% during the 2nd quarter. Rhumbline Advisers now owns 12,647 shares of the industrial products company’s stock worth $210,000 after purchasing an additional 1,038 shares during the last quarter. Finally, White Pine Capital LLC increased its stake in shares of Core Molding Technologies by 59.6% during the 2nd quarter. White Pine Capital LLC now owns 24,791 shares of the industrial products company’s stock worth $411,000 after purchasing an additional 9,260 shares during the last quarter. Hedge funds and other 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.