--- title: "President and CEO At Callaway Golf Sells $1.26M Of Stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/295554954.md" description: "Oliver G. Brewer III, President and CEO of Callaway Golf (NYSE: CALY), sold 68,874 shares worth approximately $1.26 million on August 10, as reported in an SEC Form 4 filing. The transaction was executed under a Limited Power of Attorney dated November 30, 2023. At the time of reporting, Callaway Golf shares were trading at $16.80, down 0.23%." datetime: "2026-08-11T15:01:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295554954.md) - [en](https://longbridge.com/en/news/295554954.md) - [zh-HK](https://longbridge.com/zh-HK/news/295554954.md) generator: "portal-rs" --- # President and CEO At Callaway Golf Sells $1.26M Of Stock **Oliver G. Brewer III under a Limited Power of Attorney dated November 30 2023.**, President and CEO at **Callaway Golf** (NYSE:CALY), reported an insider sell on August 10, according to a new SEC filing. **What Happened:** A Form 4 filing with the U.S. Securities and Exchange Commission on Monday outlined that 2023. executed a sale of 68,874 shares of **Callaway Golf** with a total value of $1,259,920. As of Tuesday morning, **Callaway Golf** shares are down by 0.23%, currently priced at $16.8. ### All You Need to Know About Callaway Golf Callaway Golf Co is a golf equipment, gear and apparel company with a portfolio of world-wide brands, including Callaway Golf, Odyssey, TravisMathew, and OGIO. Callaway designs, manufactures, and sells high-performance golf clubs, golf balls, apparel, bags, and other accessories-setting the standard for performance in the game of golf. The company has two operating and reportable business segments: Golf Equipment and Apparel, Gear and Other. Geographically, the company operates in United States, Europe, Asia, and Rest of World, of which it derives maximum revenue from United States. ### Financial Milestones: Callaway Golf's Journey **Revenue Growth:** Callaway Golf's revenue growth over a period of 3 months has been noteworthy. As of 30 June, 2026, the company achieved a revenue growth rate of approximately **1.97%**. This indicates a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector. **Evaluating Earnings Performance:** - Gross Margin: Achieving a high gross margin of 50.1%, the company performs well in terms of cost management and profitability within its sector. - Earnings per Share (EPS): Callaway Golf's EPS reflects a decline, falling below the industry average with a current EPS of 0.42. **Debt Management:** Callaway Golf's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of **0.12**. **Insights into Valuation Metrics:** - Price to Earnings (P/E) Ratio: Callaway Golf's stock is currently priced at a premium level, as reflected in the higher-than-average P/E ratio of 39.65. - Price to Sales (P/S) Ratio: The current P/S ratio of 1.48 is above industry norms, reflecting an elevated valuation for Callaway Golf's stock and potential overvaluation based on sales performance. - EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): With an EV/EBITDA ratio lower than industry benchmarks at 12.5, Callaway Golf presents an attractive value opportunity. **Market Capitalization Perspectives:** The company's market capitalization falls below industry averages, signaling a relatively smaller size compared to peers. This positioning may be influenced by factors such as perceived growth potential or operational scale. ### Why Pay Attention to Insider Transactions Insider transactions shouldn't be used primarily to make an investing decision, however, they can be an important factor for an investor to consider. From a legal standpoint, the term "insider" pertains to any officer, director, or beneficial owner holding more than ten percent of a company’s equity securities as outlined in Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and significant hedge funds. These insiders are mandated to inform the public of their transactions through a Form 4 filing, to be submitted within two business days of the transaction. A company insider's new purchase is a indicator of their positive anticipation for a rise in the stock. While insider sells may not necessarily reflect a bearish view and can be motivated by various factors. ### Unlocking the Meaning of Transaction Codes Surveying the realm of stock transactions, investors often give prominence to those unfolding in the open market, systematically detailed in Table I of the Form 4 filing. A **P** in Box 3 indicates a purchase, while **S** signifies a sale. Transaction code **C** denotes the conversion of an option, and transaction code **A** denotes a grant, award, or other acquisition of securities from the company. Check Out The Full List Of Callaway Golf's Insider Trades. *This article was generated by Benzinga's automated content engine and reviewed by an editor.* ### Related Stocks - [CALY.US](https://longbridge.com/en/quote/CALY.US.md) ## Related News & Research - [Callaway Golf (CALY), Why Is The Company Drawing Fresh Attention?](https://longbridge.com/en/news/297288345.md) - [Morgan Stanley lifts Teleperformance stake above 5% threshold to 5.09%](https://longbridge.com/en/news/298054921.md) - [Hycroft Mining files Form 3 initial beneficial ownership statement for director Blake Rhodes](https://longbridge.com/en/news/297963651.md) - [Helen of Troy director Marlo Michelle Cormier Platz files initial beneficial ownership statement](https://longbridge.com/en/news/297833532.md) - [Zillow director Claire Cormier Thielke sells 1,187 common shares for $42,390.77](https://longbridge.com/en/news/298077155.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**