GOLF Stock: Insider Activity, Filings & Research

Acushnet Holdings Corp. (GOLF) — Drillr’s hub for GOLF insider activity, SEC filings, earnings signals and AI research. Over the trailing 3 months, GOLF insiders filed 0 open-market buys and 3 sales (SEC Form 4).

Sentiment

0/100

Buys (3m)

Sells (3m)

Net (3m)

-$2.2M

Insider trades by month Buys Sells

Jul

Aug

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May

Context3-month price -11.8%Institutions mixed (13F)

Date	Insider	Type	Shares	Price
May 28, 2026	Pelisek Steven Francisofficer: President-Titleist Golf Clubs	Sell	14,513	$91.24
May 28, 2026	Pelisek Steven Francisofficer: President-Titleist Golf Clubs	Sell	487	$91.92
Mar 24, 2026	Hewett Gregory A.director	Grant	91	$89.33
Mar 24, 2026	Bohn Mary Louiseofficer: President-Titleist Golf Balls	Grant	599	$89.33
Mar 24, 2026	Singer Jandirector	Grant	33	$89.33
Mar 24, 2026	TISHMAN STEVENdirector	Grant	91	$89.33
Mar 24, 2026	Yoon Yoon Soo (Gene)director, 10 percent owner:	Grant	61	$89.33
Mar 24, 2026	Maher David Eugenedirector, officer: President and CEO	Grant	2,354	$89.33
Mar 10, 2026	Reidy Brendan J.officer: See Remarks	Sell	9,489	$92.67
Mar 6, 2026	Hewett Gregory A.director	Sell	4,206	$100.00
Mar 5, 2026	Pelisek Steven Francisofficer: President-Titleist Golf Clubs	Grant	16,996	—
Mar 5, 2026	Maher David Eugenedirector, officer: President and CEO	Grant	78,844	—
Mar 5, 2026	Reidy Brendan J.officer: See Remarks	Tax	5,977	$102.33
Mar 5, 2026	Sullivan Sean Sofficer: Executive Vice President, CFO	Grant	32,800	—
Mar 5, 2026	Mohamed Nicholas Nofficer: Principal Accounting Officer	Tax	438	$102.33

Source: GOLF SEC Form 4 filings, latest May 28, 2026. For informational purposes only — not investment advice.

Overview

Acushnet Holdings Corp. (NYSE:GOLF) is a leading manufacturer and distributor of golf equipment and apparel, founded in 1910 and headquartered in Fairhaven, Massachusetts. The company went public in October 2016 and operates as the parent company of several iconic golf brands, most notably Titleist and FootJoy. With over a century of history in the golf industry, Acushnet has established itself as a premium brand focused on performance-oriented golf products for dedicated golfers worldwide.

Business

Acushnet operates in the golf equipment and apparel industry, which serves the global golf market of approximately 28 million golfers in the United States alone. The company's business is organized into four main segments that collectively generated $2.46 billion in revenue in 2024. Titleist Golf Balls represents the company's largest and most profitable segment, accounting for approximately 35-40% of total revenue. This division produces premium golf balls under the Titleist brand, including the flagship Pro V1 and Pro V1x models that are widely used by professional golfers and serious amateurs. Golf balls are consumable products that golfers regularly replace due to loss or wear, creating recurring demand. Titleist Golf Clubs generates roughly 25-30% of revenue and manufactures a complete range of golf clubs including drivers, fairway woods, hybrids, and irons under the Titleist brand. The segment also includes specialized wedges under the Vokey Design brand and premium putters under the Scotty Cameron brand. These products typically represent significant investments for golfers and are replaced less frequently than balls. Titleist Golf Gear contributes approximately 10-15% of revenue and includes golf bags, headwear, gloves, travel products, head covers, and other accessories. This segment also offers customization and personalization services, allowing golfers to add custom logos, text, or colors to their equipment. FootJoy Golf Wear accounts for roughly 20-25% of revenue and produces golf shoes, gloves, outerwear, and men's and women's golf apparel under the FootJoy brand. The segment also includes ski, golf, and lifestyle apparel under the KJUS brand, serving both on-course and off-course markets.

Revenue model

Acushnet generates revenue primarily through direct product sales to golf retailers, on-course pro shops, and increasingly through direct-to-consumer channels. The company's customers include golf specialty retailers, on-course golf shops at country clubs and public courses, sporting goods chains, and individual consumers purchasing online or through fitting centers. The business model benefits from several revenue streams. Golf balls provide recurring revenue as they are consumable products that golfers regularly replace. Golf clubs generate larger transaction values but with longer replacement cycles, typically 3-7 years for most golfers. Apparel and accessories offer seasonal purchasing patterns and fashion-driven replacement cycles. Several factors influence the company's margins and profitability. Positive margin drivers include the company's premium brand positioning allowing for higher pricing, the dedicated golfer customer base that prioritizes performance over price, economies of scale in manufacturing, and the ability to pass through some cost increases via pricing. The company's focus on fitting services and customization also commands premium pricing. Margin pressures come from raw material cost inflation, particularly rubber and other petrochemical-based materials used in golf balls, tariffs on imported goods (estimated $75 million impact in 2025), foreign exchange fluctuations affecting international sales, seasonal weather patterns that impact golf participation, and competitive promotional activity in retail channels. Supply chain disruptions and the ongoing transition of footwear manufacturing from China to Vietnam also create temporary cost pressures.

Competitive moat

Acushnet possesses a moderate to strong competitive moat built primarily on brand strength and customer loyalty in the premium golf equipment market. The Titleist brand enjoys exceptional recognition among serious golfers, with the Pro V1 golf ball maintaining market leadership for over two decades. This brand equity creates significant customer switching costs, as golfers develop strong preferences for specific ball characteristics and club performance. The company's moat is reinforced by its extensive professional tour presence, where Titleist equipment is widely used by PGA Tour professionals, creating aspirational value for amateur golfers. The company's investment in custom fitting services and the Titleist Performance Institute creates additional customer touchpoints and switching costs. However, the moat faces several challenges. The golf equipment market is mature with limited growth, making it susceptible to economic downturns that could pressure discretionary spending. Competition from other premium brands like Callaway, TaylorMade, and Ping remains intense, particularly in golf clubs where technological innovation can quickly shift market preferences. The FootJoy apparel business operates in a more commoditized market with lower barriers to entry. Additionally, the company's heavy dependence on the dedicated golfer segment, while providing stability, limits growth potential as this customer base is relatively static. New golf equipment technologies or alternative sports gaining popularity among younger demographics could potentially erode the traditional golf market over time.

Risks & safety

Acushnet demonstrates a moderate margin of safety with some areas of concern regarding leverage and cash generation. • Debt and Solvency: Net leverage ratio of 2.0x with debt-to-equity of 1.21, indicating moderate leverage levels that require monitoring during economic downturns • Cash Position: Relatively low cash balance of $41 million as of Q1 2025, down from $53 million at year-end 2024 • Cash Flow: Negative free cash flow of -$132 million in Q1 2025, though this reflects seasonal working capital build-up typical for the golf industry • Valuation Metrics: Trading at 10.6x P/E ratio and 8.6x EV/EBITDA, suggesting reasonable valuation relative to earnings • Current Ratio: Strong current ratio of 2.21 indicates good short-term liquidity • Seasonality Risk: Business highly seasonal with Q1 typically requiring significant working capital investment ahead of peak selling season • Tariff Exposure: Estimated $75 million gross tariff impact in 2025 represents meaningful headwind requiring active mitigation

Recent development

Over the past few years, Acushnet has pursued several strategic initiatives to strengthen its market position and operational capabilities. The company has significantly expanded its global fitting network, recognizing that custom fitting services drive premium sales and customer loyalty. This includes investments in both golf equipment fitting and FootJoy footwear fitting capabilities. The company has made substantial investments in digital transformation, developing B2B and direct-to-consumer platforms to better serve retailers and end customers. A new global ERP system implementation is underway to support long-term growth and operational efficiency. Supply chain diversification has been a major focus, particularly the transition of footwear manufacturing from China to Vietnam to reduce costs and tariff exposure. The company is also working to diversify sourcing for other products in response to potential tariff impacts. Product innovation continues with regular launches of new golf ball models, including the 25th anniversary Pro V1 launch in 2025, and new golf club lines like the GT drivers. The company has also expanded its gear business through acquisitions, including Club Glove travel products and increasing its stake in the Titleist Performance Institute. Strategic acquisitions have complemented organic growth, with the company acquiring majority control of TPI (golf fitness and training) and expanding its gear portfolio. The company has also increased its quarterly dividend by 9% and maintained an active share repurchase program, returning over $51 million to shareholders in Q1 2025 alone.

GOLF company profile · for informational purposes only — not investment advice.

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