A substantial insider sell was reported on July 11, by FILA Holdings Corp, Board Member at Acushnet Hldgs (NYSE:GOLF), based on the recent SEC filing.
What Happened: According to a Form 4 filing with the U.S. Securities and Exchange Commission on Thursday, Corp sold 587,520 shares of Acushnet Hldgs. The total transaction value is $37,498,757.
As of Friday morning, Acushnet Hldgs shares are up by 0.99%, currently priced at $63.35.
About Acushnet Hldgs
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.
Financial Milestones: Acushnet Hldgs's Journey
Revenue Growth: Over the 3 months period, Acushnet Hldgs showcased positive performance, achieving a revenue growth rate of 3.1% as of 31 March, 2024. This ...