Disclosed on May 21, RALPH HELLMOLD, Director at Core Molding Technologies (AMEX:CMT), executed a substantial insider sell as per the latest SEC filing.
What Happened: HELLMOLD's recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled the sale of 4,031 shares of Core Molding Technologies. The total transaction value is $77,023.
The latest update on Wednesday morning shows Core Molding Technologies shares down by 1.59%, trading at $18.59.
Discovering Core Molding Technologies: A Closer Look
Core Molding Technologies Inc operates in the engineered materials market as one operating segment as a molder of thermoplastic and thermoset structural products. It produces and sells molded products for varied markets, including medium and heavy-duty trucks, automobiles, power sports, construction and agriculture, building products, and other industrial markets. The processes include compression molding of sheet molding compound (SMC), resin transfer molding (RTM), liquid molding of dicyclopentadiene (DCPD), spray-up and hand-lay-up, direct long-fiber thermoplastics (D-LFT) and structural foam, and structural web injection molding (SIM). It operates operates in Columbus, Ohio; Gaffney, South Carolina; Winona, Minnesota; Matamoros and Escobedo, Mexico; and Cobourg, Ontario, Canada.
Core Molding Technologies's Economic Impact: An Analysis
Negative Revenue Trend: Examining Core Molding Technologies's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of ...