On November 29, 2024, Paul Driscoll, the Chief Financial Officer of Acme United Corp's subsidiary, sold 2,000 shares of Acme United Corp (ACU, Financial). Following this transaction, the insider now owns 51,398 shares of the company. This sale is part of the insider's trading activity over the past year, during which the insider has sold a total of 2,000 shares and purchased none.
Acme United Corp is a company that specializes in providing cutting, measuring, first aid, and sharpening products for the school, home, office, hardware, sporting goods, and industrial markets. The company operates through various brands, including Westcott, First Aid Only, PhysiciansCare, and Camillus.
The insider transaction history for Acme United Corp indicates that there have been no insider buys over the past year, while there have been 10 insider sells during the same period. This trend may be of interest to investors monitoring insider activity as a potential indicator of company performance or insider sentiment.
On the day of the recent sale, shares of Acme United Corp were trading at $44.33, giving the stock a market cap of $165.298 million. The company's price-earnings ratio stands at 9.03, which is lower than the industry median of 18.05 and also lower than the company's historical median price-earnings ratio.
The GF Value for Acme United Corp is estimated at $32.77, resulting in a price-to-GF-Value ratio of 1.35. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated using historical multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow. It also incorporates a GuruFocus adjustment factor based on the company's past returns and growth, as well as future estimates of business performance from Morningstar analysts.
For more details on the transaction, refer to the SEC Filing.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
