Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Buys $14,010.00 in Stock

Core Molding Technologies, Inc. (NYSEAMERICAN:CMT) EVP Eric Palomaki bought 1,000 shares of the company’s stock in a transaction on Friday, March 14th. The stock was bought at an average cost of $14.01 per share, for a total transaction of $14,010.00. Following the completion of the acquisition, the executive vice president now directly owns 159,244 shares of the company’s stock, valued at approximately $2,231,008.44. This represents a 0.63 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Eric Palomaki also recently made the following trade(s):

• On Monday, March 17th, Eric Palomaki purchased 1,000 shares of Core Molding Technologies stock. The shares were acquired at an average cost of $13.99 per share, for a total transaction of $13,990.00.

Core Molding Technologies Stock Down 1.1 %

Shares of NYSEAMERICAN:CMT opened at $14.96 on Friday. The firm has a market cap of $134.04 million, a PE ratio of 8.45 and a beta of 1.74. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.98 and a current ratio of 2.41. Core Molding Technologies, Inc. has a 1 year low of $12.25 and a 1 year high of $21.00.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Tieton Capital Management LLC lifted its holdings in Core Molding Technologies by 24.0% in the fourth quarter. Tieton Capital Management LLC now owns 349,836 shares of the industrial products company’s stock valued at $5,786,000 after acquiring an additional 67,800 shares during the period. American Century Companies Inc. lifted its holdings in Core Molding Technologies by 0.6% in the fourth quarter. American Century Companies Inc. now owns 198,994 shares of the industrial products company’s stock valued at $3,291,000 after acquiring an additional 1,191 shares during the period. Geode Capital Management LLC lifted its holdings in Core Molding Technologies by 1.6% in the third quarter. Geode Capital Management LLC now owns 174,999 shares of the industrial products company’s stock valued at $3,012,000 after acquiring an additional 2,737 shares during the period. State Street Corp lifted its holdings in Core Molding Technologies by 0.8% in the third quarter. State Street Corp now owns 157,430 shares of the industrial products company’s stock valued at $2,709,000 after acquiring an additional 1,267 shares during the period. Finally, Diamond Hill Capital Management Inc. lifted its holdings in Core Molding Technologies by 3.5% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 154,604 shares of the industrial products company’s stock valued at $2,557,000 after acquiring an additional 5,284 shares during the period. 58.79% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Roth Capital set a $22.00 price target on Core Molding Technologies in a report on Wednesday, March 12th.

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.