Acme United Corp (ACU) CFO Paul Driscoll Sells 1,000 Shares

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Dec 04, 2024

On December 3, 2024, Paul Driscoll, the Chief Financial Officer of Acme United Corp's subsidiary, sold 1,000 shares of Acme United Corp (ACU, Financial). Following this transaction, the insider now owns 50,398 shares of the company. The details of this transaction can be found in the SEC Filing. Acme United Corp is a company that specializes in providing cutting-edge solutions in the field of cutting, measuring, and safety products for the school, home, office, hardware, and industrial markets. The company is known for its innovative products and has a diverse portfolio that caters to a wide range of consumer needs. 1864098544642846720.png The insider transaction history for Acme United Corp indicates that there have been no insider buys over the past year, while there have been 11 insider sells during the same period. Over the past year, Paul Driscoll has sold a total of 3,000 shares and has not purchased any shares. 1864098572497219584.png On the day of the recent sale, shares of Acme United Corp were trading at $43.32, giving the stock a market cap of $162.976 million. The company's price-earnings ratio is 8.91, which is lower than the industry median of 18 and also lower than the company’s historical median price-earnings ratio. With a price of $43.32 and a GuruFocus Value of $32.77, Acme United Corp has a price-to-GF-Value ratio of 1.32. This indicates that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on the following three factors: - Historical multiples (price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow) that the stock has traded at. - A GuruFocus adjustment factor based on the company’s past returns and growth. - Future estimates of business performance from Morningstar analysts.

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