GOLF - Eugene David Maher Of Acushnet Hldgs Shows Optimism Buys $154K In Stock | Benzinga
On March 26, a substantial insider purchase was made by Eugene David Maher, President and CEO at Acushnet Hldgs (NYSE:GOLF), as per the latest SEC filing.
What Happened: Maher made a significant move by purchasing 2,413 shares of Acushnet Hldgs as reported in a Form 4 filing with the U.S. Securities and Exchange Commission. The transaction's total worth stands at $154,407.
Acushnet Hldgs's shares are actively trading at $65.05, experiencing a down of 0.0% during Wednesday's morning session.
Discovering Acushnet Hldgs: A Closer Look
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. Geographically, the company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Breaking Down Acushnet Hldgs's Financial Performance
Decline in Revenue: Over the 3 months period, Acushnet Hldgs faced challenges, resulting in a decline of approximately ...