Brian Olschan Sells 5,304 Shares of Acme United (NYSE:ACU) Stock

Acme United Co. (NYSE:ACU) COO Brian Olschan sold 5,304 shares of Acme United stock in a transaction on Monday, August 10th. The stock was sold at an average price of $57.07, for a total transaction of $302,699.28. Following the sale, the chief operating officer directly owned 41,670 shares of the company’s stock, valued at $2,378,106.90. This represents a 11.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Acme United Stock Up 2.0%

ACU opened at $60.77 on Friday. The stock has a market cap of $231.53 million, a PE ratio of 12.43 and a beta of 0.47. The company has a quick ratio of 1.91, a current ratio of 4.41 and a debt-to-equity ratio of 0.30. Acme United Co. has a 52 week low of $35.50 and a 52 week high of $61.26. The business’s fifty day simple moving average is $49.81 and its 200 day simple moving average is $45.72.

Acme United Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Thursday, July 2nd were issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, July 2nd. Acme United’s dividend payout ratio (DPR) is currently 26.89%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Bard Associates Inc. purchased a new position in shares of Acme United during the second quarter worth approximately $5,163,000. CM Wealth Advisors LLC purchased a new stake in shares of Acme United in the 2nd quarter valued at $465,000. BlackRock Inc. purchased a new stake in shares of Acme United in the 2nd quarter valued at $8,578,000. Deutsche Bank AG bought a new position in shares of Acme United during the 2nd quarter valued at $162,000. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new position in shares of Acme United during the 2nd quarter valued at $1,627,000. 62.10% of the stock is currently owned by institutional investors.

Acme United News Summary

Here are the key news stories impacting Acme United this week:

• Positive Sentiment: Institutional ownership remains substantial at approximately 62.1%. Bank of America sharply increased its position, while JPMorgan Chase, Mirae Asset, Raymond James and the New York State Common Retirement Fund initiated stakes during the second quarter. These purchases may provide additional demand and institutional credibility for ACU. Institutional trading report
• Positive Sentiment: Acme United’s quarterly dividend remains $0.16 per share, or $0.64 annualized, with a yield of roughly 1.1%. The payout ratio of about 26.9% suggests the dividend is supported by current earnings and may appeal to income-focused investors.
• Neutral Sentiment: ACU is trading well above its 50-day and 200-day moving averages, indicating strong momentum. Its current ratio of 4.41, quick ratio of 1.91 and debt-to-equity ratio of 0.30 point to solid liquidity and moderate leverage. At the same time, the stock’s proximity to its annual high may increase the risk of profit-taking.
• Negative Sentiment: COO Brian S. Olschan sold 10,909 shares for approximately $616,449 in transactions from August 3 through August 12, reducing his holdings by about 21%. Director Rex Lynn Davidson also sold 3,684 shares worth approximately $208,072, cutting his direct ownership by 37.2%. The concentrated insider selling near recent highs is a cautionary signal, although the transactions may reflect personal liquidity needs rather than a negative outlook. SEC insider 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.