Acme United Co. (NYSE:ACU – Get Free Report) COO Brian Olschan sold 5,304 shares of the firm’s stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $57.07, for a total transaction of $302,699.28. Following the transaction, the chief operating officer owned 41,670 shares of the company’s stock, valued at approximately $2,378,106.90. This represents a 11.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Acme United Trading Up 3.9%
ACU stock opened at $59.59 on Thursday. Acme United Co. has a 1-year low of $35.50 and a 1-year high of $60.07. The firm has a market cap of $227.04 million, a P/E ratio of 12.19 and a beta of 0.47. The business’s 50 day moving average is $49.48 and its 200-day moving average is $45.59. The company has a current ratio of 4.41, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30.
Acme United Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Thursday, July 2nd were issued a dividend of $0.16 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.1%. Acme United’s dividend payout ratio (DPR) is presently 26.89%.
Institutional Investors Weigh In On Acme United
Key Stories Impacting Acme United
Here are the key news stories impacting Acme United this week:
- Positive Sentiment: Institutional ownership remains substantial at 62.1%, while several institutions—including Bank of America, JPMorgan Chase, Mirae Asset, Raymond James and the New York State Common Retirement Fund—recently initiated or expanded positions. This may provide added demand and credibility for the stock.
- Positive Sentiment: Acme United continues to pay a quarterly dividend of $0.16, equal to $0.64 annually and a yield of approximately 1.1%. Its payout ratio of 26.9% suggests the dividend is currently supported by earnings. Acme United insider trading and dividend report
- Neutral Sentiment: ACU trades above both its 50-day and 200-day moving averages, indicating sustained technical strength. Its low leverage, strong current ratio and quick ratio also point to a solid balance sheet, although the stock is approaching its 12-month high and may face profit-taking.
- Negative Sentiment: COO Brian S. Olschan sold a combined 10,909 shares for approximately $616,449 in transactions from August 3 through August 12, reducing his position by roughly 21% overall. While the remaining stake is still significant, the concentrated selling by a senior executive could be viewed as a short-term cautionary signal. SEC insider ownership filing
- Negative Sentiment: Director Rex Lynn Davidson sold 3,684 shares worth approximately $208,072, cutting his direct ownership by 37.2%. Multiple insider sales near recent highs may raise concerns about insider confidence, even though such transactions can also reflect personal liquidity needs. SEC director ownership filing
About Acme United
Acme United Corporation is a diversified manufacturer and marketer of cutting, measuring and safety products designed for consumer, professional and industrial end markets. The company’s product portfolio spans shears, scissors, cutters, rulers, pencil sharpeners, first aid kits and medical products, as well as fishing knives, survival tools and related accessories. Acme United serves a wide range of end‐use channels, including office supply, school, hardware, mass merchandise and sporting goods retail.
Founded in the 19th century and headquartered in Shelton, Connecticut, Acme United operates through a collection of well‐established brands.
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