Rex Lynn Davidson Sells 3,684 Shares of Acme United (NYSE:ACU) Stock

Acme United Co. (NYSE:ACU) Director Rex Lynn Davidson sold 3,684 shares of the firm’s stock in a transaction on Monday, August 10th. The stock was sold at an average price of $56.48, for a total value of $208,072.32. Following the completion of the sale, the director directly owned 6,228 shares of the company’s stock, valued at approximately $351,757.44. This trade represents a 37.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Acme United Stock Up 3.9%

NYSE:ACU opened at $59.59 on Thursday. The firm has a market capitalization of $227.04 million, a price-to-earnings ratio of 12.19 and a beta of 0.47. Acme United Co. has a 1-year low of $35.50 and a 1-year high of $60.07. The company has a current ratio of 4.41, a quick ratio of 1.91 and a debt-to-equity ratio of 0.30. The business’s fifty day moving average price is $49.48 and its 200 day moving average price is $45.59.

Acme United Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Thursday, July 2nd were issued a $0.16 dividend. The ex-dividend date 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 is currently 26.89%.

Institutional Investors Weigh In On Acme United

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ACU. Bank of America Corp DE boosted its stake in shares of Acme United by 3,048.9% during the 2nd quarter. Bank of America Corp DE now owns 1,480 shares of the company’s stock valued at $61,000 after buying an additional 1,433 shares during the period. JPMorgan Chase & Co. acquired a new position in shares of Acme United in the second quarter worth $65,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Acme United in the second quarter worth $75,000. Raymond James Financial Inc. purchased a new stake in shares of Acme United during the second quarter worth $76,000. Finally, New York State Common Retirement Fund purchased a new stake in shares of Acme United during the second quarter worth $104,000. Hedge funds and other institutional investors own 62.10% of the company’s stock.

Acme United News Roundup

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

• Positive Sentiment: Institutional ownership remains substantial at 62.1%, while several institutions—including Bank of America, JPMorgan Chase, Mirae Asset, Raymond James and the New York State Common Retirement Fund—recently initiated or expanded positions. This may provide added demand and credibility for the stock.
• Positive Sentiment: Acme United continues to pay a quarterly dividend of $0.16, equal to $0.64 annually and a yield of approximately 1.1%. Its payout ratio of 26.9% suggests the dividend is currently supported by earnings. Acme United insider trading and dividend report
• Neutral Sentiment: ACU trades above both its 50-day and 200-day moving averages, indicating sustained technical strength. Its low leverage, strong current ratio and quick ratio also point to a solid balance sheet, although the stock is approaching its 12-month high and may face profit-taking.
• Negative Sentiment: COO Brian S. Olschan sold a combined 10,909 shares for approximately $616,449 in transactions from August 3 through August 12, reducing his position by roughly 21% overall. While the remaining stake is still significant, the concentrated selling by a senior executive could be viewed as a short-term cautionary signal. SEC insider ownership filing
• Negative Sentiment: Director Rex Lynn Davidson sold 3,684 shares worth approximately $208,072, cutting his direct ownership by 37.2%. Multiple insider sales near recent highs may raise concerns about insider confidence, even though such transactions can also reflect personal liquidity needs. SEC director ownership 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.