The CEO & COB of Acme United Corporation is Exercising Options


Today it was reported that the CEO & COB of Acme United Corporation (NYSE: ACU), Walter Johnsen, exercised options to sell 12,000 ACU shares at $10.10 a share, for a total transaction value of $266.4K.

Following Walter Johnsen’s last ACU Sell transaction on May 02, 2018, the stock climbed by 0.9%.

See today’s analyst top recommended stocks >>

Based on Acme United Corporation’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $39.75 million and quarterly net profit of $2.44 million. In comparison, last year the company earned revenue of $38.85 million and had a net profit of $2.85 million. ACU’s market cap is $75.07M and the company has a P/E ratio of 22.03. Currently, Acme United Corporation has an average volume of 2,793.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Acme United Corp. engages in supplying of cutting devices, measuring instruments, and safety products for school, home, office, hardware and industrial use. It operates through the following geographical segments: United States, Canada, and Europe. The company was founded in 1867 and is headquartered in Fairfield, CT.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts