The executive vice president of human resources unloaded 25,000 shares this week, part of a broader trend of insider selling at the company over the past year.

BioGear combines recycled carbon fiber and flax-based composites, weighing only 6.9kg (40% of the original). Meeting CS.27 specifications and exceeding emergency landing requirements (CS 27.727), BioGear also outperforms traditional metallic counterparts.

Prioritizing sustainability, recycled carbon fibers reduce environmental impact, transitioning to a cradle-to-cradle approach. Flax fibers offer advantages of low environmental impact, density reduction, and vibration dampening. BioGear aims for lightweight design, enhanced energy absorption, and minimal drag resistance through meticulously studied airfoil cross-sections using CFD simulations while keeping an eye on manufacturability through autoclave molding.

Numerous financial media outlets are reporting on an unusually large insider sale of shares by the executive vice president of human resources at Core Molding Technologies. Renee Anderson’s Form 4 filing on Aug. 19 with the US Securities and Exchange Commission revealed the sale of 25,000 shares, at a total transaction value of $451,060, according to Benzinga.

Insider sales might interest investors as they evaluate the stock’s valuation and consider the insider's ongoing ownership stake in relation to the company's current market performance and future outlook, notes Yahoo Finance. Insider sells may not necessarily signal a bearish stance on the stock and can be motivated by various factors, adds Benzinga.

On the date of Anderson’s sale, shares of Core Molding Technologies were trading at $18.04, according to Yahoo Finance. The company’s share price on Aug. 20 was $17.92, according to Seeking Alpha.

Over the past year, Anderson has sold a total of 59,963 shares and has not purchased any shares, reports Yahoo Finance. “This recent sale is part of a broader trend within the company, where there have been 24 insider sells and no insider buys over the past year,” it adds.

Headquartered in Columbus, OH, and with multiple locations in the United States, Canada, and Mexico, Core Molding Technologies molds thermoplastic and thermoset structural products primarily for the building and construction, transportation, and power sports sectors. The company offers SMC compression molding, resin transfer molding, spray-up, hand-lay-up, structural foam, and structural web injection molding, among other processing services.

Description: ATG Europe has developed a one-shot manufacturing process for uninterrupted prepreg fiber-placed lattice structures that aim to replace current satellite central tube designs. These cylindrical lattice structures offer optimal structural functionality at a reduced mass. This innovation included the design, development, and manufacture of a fully representative carbon-fiber-reinforced plastic (CFRP) lattice central tube based on requirements for the European Space Agency’s Plato satellite, including all necessary interface zones. Thermoset pre-preg carbon-fiber tows and patches were manually laid-up onto a mandrel and consolidated and cured in an autoclave in a single step to form one integral part. The primary interface to the launcher structure was provided by a one-piece aluminum interface ring, which was integrated with the lattice cylinder through a hybrid joint.

Editor in chief of PlasticsToday since 2015, Norbert Sparrow has more than 30 years of editorial experience in business-to-business media. He studied journalism at the Centre Universitaire d'Etudes du Journalisme in Strasbourg, France, where he earned a master's degree.

During its Q2 earnings call earlier this month, Core Molding Technologies reported a 15.4% decline in sales for the first half of 2024, which Chief Financial Officer John Zimmer attributed to “economic headwinds, tough comparisons, and customer inventory rationalization.” He added that the company is “lowering sales guidance to the bottom of our full-year guidance, down approximately 15% compared to 2023 sales, due to continued softness in customer demand driven by macro-economic conditions.”

Thermoplastic polyphenylene sulfide (PPS) and carbon-fiber fabric are processed via injection molding. A single material is used to facilitate recycling. Processes include thermostamping for shaping, waterjet cutting, induction welding for function integration and assembly, and injection overmolding.

Description: Sogeclair Equipment, formerly known as Aviacomp, has developed an aeronautic door, featuring a complex stamping shape and advanced welding, that is fabricated from a thermoplastic composite. With integrated overmolded parts and an optimized design, the solution significantly reduces weight and assembly time using composite materials and induction welding.

Description: BioGear is a helicopter landing gear blending carbon- and flax-fiber-reinforced composites, achieving a 60% weight reduction over traditional metal counterparts. BioGear not only enhances emergency landing response but also prioritizes both efficiency and environmental impact.

Stephen has been with PlasticsToday and its preceding publications Modern Plastics and Injection Molding since 1992, throughout this time based in the Asia Pacific region, including stints in Japan, Australia, and his current location Singapore. His current beat focuses on automotive. Stephen is an avid folding bicycle rider, often taking his bike on overseas business trips, and a proud dachshund owner.