After this transaction, O’Donovan now directly holds 57,877 shares in the company. As well, this is not O’Donovans first transaction of this sort; in April he dumped over 1,900 shares in Core Molding Technologies, Inc. (NYSEMKT:CMT), the $97.84 million market cap manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics.
Core Molding Technologies, Inc. (NYSEMKT:CMT), saw an insider continue to sell stock in the corporation. VP of Marketing and Sales, James Terrance O’Donovan disposed of 1,353 shares of common stock at an average price of $12.675 per share.
Moreover, multiple hedge funds have changed their positioning with the company recently. Mario Gabelli‘s Gamco Investors lowered it’s activity by 2% last quarter, and now holds 413,500 shares worth about $5.2 million; and Renaissance Technologies, the hedge fund controlled by Jim Simons, reported a 15% rise in it’s holdings with Core Molding Technologies, Inc. (NYSEMKT:CMT) over the last quarter, now holding 250,000 shares worth approximately $3.1 million.
Disclosure: The author, Daniel Forstein, holds no positions in any stocks mentioned.