Renee Anderson, Executive Vice President of Human Resources at Core Molding Technologies Inc (CMT, Financial), executed a sale of 7,981 shares of the company on September 13, 2024. The transaction was filed on the same day as per the SEC Filing. Following this transaction, the insider now owns 39,509 shares of Core Molding Technologies Inc.
Core Molding Technologies Inc is a manufacturer of sheet molding compound and a molder of fiberglass reinforced plastics. The company specializes in large-format moldings and offers a range of manufacturing processes and services, catering to the needs of various industries including automotive, agriculture, and commercial products.
Over the past year, the insider has sold a total of 63,253 shares and has not made any purchases. This recent sale is part of a broader trend at Core Molding Technologies Inc, where there have been 26 insider sells and no insider buys over the last year.
On the day of the sale, shares of Core Molding Technologies Inc were priced at $18.02. This pricing gives the company a market cap of approximately $160.909 million. The price-earnings ratio of the company stands at 9.77, which is below both the industry median of 22.49 and the company's historical median.
According to the GF Value, the intrinsic value estimate for Core Molding Technologies Inc is $13.41 per share, making the stock significantly overvalued with a price-to-GF-Value ratio of 1.34. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates provided by Morningstar analysts.
This sale and the current valuation metrics provide investors with critical data points regarding the stock's performance and insider sentiment at Core Molding Technologies Inc.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
