Revealing a significant insider sell on July 11, Aaron Yeon Ho Lee, Director at Acushnet Hldgs (NYSE:GOLF), as per the latest SEC filing.
What Happened: After conducting a thorough analysis, Lee sold 587,520 shares of Acushnet Hldgs. This information was disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday. The total transaction value is $37,498,757.
Acushnet Hldgs's shares are actively trading at $63.35, experiencing a up of 0.99% during Friday'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.
Acushnet Hldgs: Delving into Financials
Revenue Growth: Acushnet Hldgs's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth ...