Acme United (NYSE:ACU) COO Brian Olschan Sells 7,308 Shares

Acme United Stock: A Prudent Downgrade Is Justified Here (NYSE:ACU)

Acme United (ACU) stock is up 49% since May on strong Q2 results and a healthcare shift. Here's what shares deserve a downgrade to "Hold."

Acme United (NYSE:ACU) COO Brian Olschan Sells 7,308 Shares

Acme United Co. (NYSE:ACU - Get Free Report) COO Brian Olschan sold 7,308 shares of Acme United stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $61.48, for a total value of $449,295.84. Following the completion of the transaction, the chief operating officer owned 41,172 shares in the company, valued at $2,531,254.56. The trade was a 15.07% decrease in their ownership of the stock. The sale was disclosed…