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Markets Yesterday it was reported that the Chairman & CEO of Acme United (ACU – Research Report), Walter Johnsen, exercised options to sell 20,400 ACU shares at $10.02 a share, for a total transaction value of $899.9K. Following Walter Johnsen’s last ACU Sell transaction on October 26, 2018, the stock climbed by 30.6%. In addition to Walter Johnsen, 2 other ACU executives reported Sell trades in the last month. Based on Acme United’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $40.87 million and quarterly net profit of $2.04 millio...

Share: SHELTON, Conn., April 19, 2021 (GLOBE NEWSWIRE) -- Acme United Corporation (NYSE:ACU) today announced that net sales for the quarter ended March 31, 2021 were $43.5 million compared to $35.8 million in the first quarter of 2020, an increase of 22%. Net income was $2,046,000 or $0.52 per diluted share for the quarter ended March 31, 2021 compared to $1,277,000, or $0.36 per diluted share, for the comparable period last year, an increase of 60% in net income and 44% in diluted earnings per share. Chairman and CEO Walter C. Johnsen said, "Net sales in first quarter of 2021 continued the...