Insider Thomas Cellitti Sells Shares of Core Molding Technologies

Thomas Cellitti recently sold 3,000 shares of Core Molding Technologies, Inc. (NYSE American: CMT) on June 12, 2026. The shares were sold at an average price of $24.77 each, totaling $74,310. This transaction was not part of a pre-arranged trading plan.

Insider Buying and Selling at Core Molding Technologies, Inc.

Thomas Cellitti was active in selling Core Molding Technologies shares, unloading 3,000 shares on June 12, 2026, and an additional 900 shares on June 11, 2026, at an average price of $24.23. Other executives, including Arnold Alanis, Eric Palomaki, Alex Joseph Panda, and Michael James Gayford, also sold shares earlier in the year, with sales occurring on March 27, 2026.

Other Institutional Activity in Core Molding Technologies

Several major funds adjusted their positions in Core Molding Technologies. Renaissance Technologies LLC reduced its holdings by 14,838 shares, ending with 488,447 shares valued at about $10.94 million. BlackRock, Inc. also trimmed its position by 9,090 shares, holding 472,628 shares worth approximately $10.59 million. Tieton Capital Management, LLC, on the other hand, increased its stake by 19,242 shares, reaching a total of 459,890 shares worth around $10.3 million. Dimensional Fund Advisors LP added 2,922 shares, bringing its total to 391,207 shares valued at about $8.76 million.

Core Molding Technologies, Inc. Stock Down 0.7%

Shares of Core Molding Technologies traded near $24.64. The company has a market cap of approximately $212.6 million and a P/E ratio of 22.37. It operates with a beta of 0.427, indicating lower volatility compared to the market. The stock's 52-week range is between $16.12 and $28.69. Its 50-day moving average is $24.89, while the 200-day moving average stands at $20.95. The company's current ratio is 2.41, with a quick ratio of 1.77 and a debt-to-equity ratio of 22.12.

Analysts Set New Price Targets

On March 11, 2026, Roth Capital maintained its 'buy' rating for Core Molding Technologies, setting a price target of $24. The consensus among analysts remains optimistic, with a mean target price of $29 based on one analyst opinion.

About Core Molding Technologies

Core Molding Technologies, Inc., headquartered in Columbus, Ohio, operates in the specialty chemicals industry within the basic materials sector. The company specializes in molding thermoplastic and thermoset structural products, serving markets like medium and heavy-duty trucks, power sports, and building products across the U.S., Mexico, Canada, and internationally. Founded in 1996, it employs about 1,239 people under the leadership of CEO Eric L. Palomaki.

Bottom Line

Thomas Cellitti's recent share sale adds to a series of insider transactions at Core Molding Technologies, highlighting ongoing activity among its executives. Investors often track such moves for insights, though insider sales aren't inherently negative. With a solid market position and recent analyst support, Core Molding Technologies remains a company to watch in the specialty chemicals industry.