Thomas Cellitti Sells Shares of Core Molding Technologies

Thomas Cellitti, an insider at Core Molding Technologies, Inc. (NYSE American:CMT), sold 513 shares of the company on June 23, 2026. The shares were sold at an average price of $24.02, bringing the total value of the transaction to $12,322.26. This sale was not part of a pre-planned trading program.

Insider Buying and Selling at Core Molding Technologies, Inc.

Thomas Cellitti has been active in trading Core Molding Technologies shares recently. On June 25, 2026, he sold 150 shares at $24.00 each. Just a day before, on June 24, he sold 750 shares at $24.07. Earlier, on June 18, he sold 12 shares at $24.00, and on June 17, he sold 2,495 shares at the same price. These transactions were not conducted under a Rule 10b5-1 plan.

Other Institutional Activity in Core Molding Technologies

Several institutional investors have also been adjusting their positions in Core Molding Technologies. Renaissance Technologies LLC reduced its holdings by 14,838 shares, leaving it with 488,447 shares valued at approximately $10.94 million, a 2.9% decrease. BlackRock, Inc. also trimmed its position by 9,090 shares, holding 472,628 shares worth about $10.59 million, a 1.9% decrease. Meanwhile, Tieton Capital Management, LLC increased its stake by 19,242 shares for a total of 459,890 shares valued at $10.30 million, reflecting a 4.4% increase. Dimensional Fund Advisors LP added 2,922 shares, bringing its total to 391,207 shares valued at $8.76 million, a 0.8% increase. Vanguard Capital Management LLC opened a new position with 341,619 shares valued at $7.65 million.

Core Molding Technologies, Inc. Stock Down 4.9%

Shares of Core Molding Technologies, Inc. traded near $23.62 on Friday. The company has a market capitalization of about $199.9 million and a P/E ratio of 21.03. Its forward P/E is 13.57, and the stock has a beta of 0.427, indicating lower volatility compared to the market. Over the past year, the stock has traded between $16.16 and $28.69. The 50-day moving average is $24.93, while the 200-day moving average stands at $21.02. Core Molding Technologies maintains a solid balance sheet with a current ratio of 2.41 and a quick ratio of 1.77.

Analysts Set New Price Targets

On March 11, 2026, Roth Capital maintained its buy rating on Core Molding Technologies with a price target of $24.00. The consensus among analysts is a buy rating, with a mean price target of $29.00 based on one analyst opinion.

About Core Molding Technologies

Core Molding Technologies, Inc. specializes in molding thermoplastic and thermoset structural products. Headquartered in Columbus, Ohio, the company operates in the United States, Mexico, Canada, and internationally. It provides a variety of manufacturing processes, including sheet molding compound compression molding and structural foam injection molding. Core Molding serves multiple markets such as medium and heavy-duty trucks and power sports. Led by CEO Mr. Eric L. Palomaki, the company employs about 1,239 people.

Bottom Line

Thomas Cellitti's recent sale of shares in Core Molding Technologies highlights ongoing insider activity. The company's stock, with a stable market presence, is closely watched by investors and analysts alike. As always, it's important to remember that insider transactions are just one piece of the puzzle when considering investment decisions.