Insider Sell: John Zimmer Sells 19,700 Shares of Core Molding Technologies Inc (CMT)

Author's Avatar
18 hours ago
Article's Main Image

On November 26, 2024, John Zimmer, Executive Vice President, Treasurer, Secretary, and Chief Financial Officer of Core Molding Technologies Inc (CMT, Financial), sold 19,700 shares of the company. Following this transaction, the insider now owns 95,859 shares of the company. The transaction details can be found in the SEC Filing. Core Molding Technologies Inc is a manufacturer of sheet molding compound and molder of fiberglass reinforced plastics. The company operates in the plastics and resins industry, providing products and services to a variety of markets, including transportation, marine, and industrial sectors. 1861802314050990080.png The insider transaction history for Core Molding Technologies Inc shows that there have been no insider buys in total over the past year. Meanwhile, there have been 21 insider sells over the same timeframe. Over the past year, John Zimmer has sold a total of 81,768 shares and purchased 0 shares. 1861802398780125184.png On the day of the recent sale, shares of Core Molding Technologies Inc were trading at $17.75 each, giving the stock a market cap of $156.003 million. The company's price-earnings ratio is 9.95, which is lower than the industry median of 24.37 and lower than the company’s historical median price-earnings ratio. With a price of $17.75 and a GuruFocus Value of $13.91, Core Molding Technologies Inc has a price-to-GF-Value ratio of 1.28. This indicates that the stock is modestly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.