Acushnet’s Bohn sells $1m+ in shares

Published 16/08/2025, 00:24
Acushnet’s Bohn sells $1m+ in shares

Acushnet Holdings (NYSE:GOLF), the $4.6 billion market cap golf equipment manufacturer, saw its President of Titleist Golf Balls, Mary Louise Bohn, sell 13,190 shares of common stock on August 14, 2025, for a total value of $1,040,085. According to InvestingPro data, while this insider sale occurred, management has been actively buying back shares, and the company maintains a strong dividend track record with 8 consecutive years of increases.

The shares were sold at a weighted average price of $78.8541, with individual sales prices ranging from $78.80 to $79.00. Following the transaction, Bohn directly owns 191,785.739 shares of Acushnet Holdings. The stock currently trades near its 52-week high of $84.40, with InvestingPro analysis indicating the company is slightly overvalued at current levels. The company maintains healthy financials with a current ratio of 2.25, indicating strong liquidity, and operates with a moderate debt level.

In other recent news, Acushnet Holdings reported mixed results for its Q2 2025 earnings. The company announced earnings per share of $1.25, which fell short of the anticipated $1.32, representing a 5.3% negative surprise. However, Acushnet’s revenue slightly exceeded expectations, coming in at $720.5 million compared to the forecasted $717.39 million. Despite these mixed results, KeyBanc has adjusted its price target for Acushnet Holdings, raising it to $85.00 from $80.00 while maintaining an Overweight rating. This adjustment follows the company’s report of adjusted EBITDA that exceeded expectations, supported by a stronger top-line performance. Although Acushnet did not update its fiscal year 2025 sales and adjusted EBITDA guidance, the company indicated expectations for low-single-digit revenue growth in the latter half of the year. These recent developments provide investors with a comprehensive view of Acushnet’s current financial standing and expectations.

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