Brian Olschan Sells 339 Shares of Acme United (NYSE:ACU) Stock

Acme United Co. (NYSE:ACU) COO Brian Olschan sold 339 shares of the company’s stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $58.39, for a total value of $19,794.21. Following the sale, the chief operating officer owned 41,172 shares of the company’s stock, valued at approximately $2,404,033.08. This trade represents a 0.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Acme United Stock Up 2.0%

Shares of ACU stock opened at $60.77 on Friday. The stock’s 50 day simple moving average is $49.81 and its 200 day simple moving average is $45.72. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.91 and a current ratio of 4.41. Acme United Co. has a twelve month low of $35.50 and a twelve month high of $61.26. The company has a market capitalization of $231.53 million, a price-to-earnings ratio of 12.43 and a beta of 0.47.

Acme United Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 2nd were given a $0.16 dividend. 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 currently 26.89%.

Key Acme United News

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

Institutional Inflows and Outflows

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

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.