NASDAQ:ACIA Acacia Communications Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Acacia Communications, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $67.55 -0.19 (-0.28 %) (As of 09/28/2020 12:00 AM ET) Add Compare Share Today's Range$67.52Now: $67.55▼$67.9450-Day Range$66.82MA: $67.96▼$68.7152-Week Range$60.62Now: $67.55▼$69.13Volume540,102 shsAverage Volume577,641 shsMarket Capitalization$2.84 billionP/E Ratio48.95Dividend YieldN/ABeta0.86 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Acacia Communications, Inc. develops, manufactures, and sells high-speed coherent optical interconnect products in the United States, China, Germany, Thailand, and internationally. The company offers embedded and pluggable module products consisting of optical interconnect modules with transmission speeds ranging from 100 to 1,200 gigabits per second for use in long-haul, metro, and inter-data center markets. It also provides semiconductor products, such as low-power coherent digital signal processor application-specific integrated circuits and silicon photonic integrated circuits that are integrated into embedded and pluggable modules. The company sells its products through a direct sales force to network equipment manufacturers, network operators, and cloud service providers. Acacia Communications, Inc. was founded in 2009 and is headquartered in Maynard, Massachusetts.Read More Beat the Market (BTM) Rank™ 0.0 Analyst's Opinion Consensus RatingThere is not enough analysis data for Acacia Communications. Previous Next 2.9 Community Rank Outperform VotesAcacia Communications has received 419 “outperform” votes. (Add your “outperform” vote.)Underperform VotesAcacia Communications has received 299 “underperform” votes. (Add your “underperform” vote.)Community SentimentAcacia Communications has received 58.36% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Acacia Communications and other stocks. Vote “Outperform” if you believe ACIA will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACIA will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldAcacia Communications does not currently pay a dividend.Dividend GrowthAcacia Communications does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Acacia Communications insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $334,314.00 in company stock.Percentage Held by InsidersOnly 9.30% of the stock of Acacia Communications is held by insiders.Percentage Held by Institutions85.75% of the stock of Acacia Communications is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Acacia Communications are expected to grow by 19.89% in the coming year, from $1.76 to $2.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Acacia Communications is 48.95, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.34.Price to Earnings Ratio vs. SectorThe P/E ratio of Acacia Communications is 48.95, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 61.20.Price to Book Value per Share RatioAcacia Communications has a P/B Ratio of 4.82. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 0.0Community Rank: 2.9Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:ACIA Previous Symbol CUSIPN/A CIK1651235 Webwww.acacia-inc.com Phone978-938-4896Debt Debt-to-Equity RatioN/A Current Ratio4.99 Quick Ratio4.72Price-To-Earnings Trailing P/E Ratio48.95 Forward P/E Ratio38.38 P/E GrowthN/A Sales & Book Value Annual Sales$464.66 million Price / Sales6.11 Cash Flow$1.52 per share Price / Cash Flow44.43 Book Value$14.02 per share Price / Book4.82Profitability EPS (Most Recent Fiscal Year)$1.18 Net Income$32.84 million Net Margins11.71% Return on Equity10.87% Return on Assets8.72%Miscellaneous Employees386 Outstanding Shares42,039,000Market Cap$2.84 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $67.55 -0.19 (-0.28 %) (As of 09/28/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive ACIA News and Ratings via Email Sign-up to receive the latest news and ratings for ACIA and its competitors with MarketBeat's FREE daily newsletter. Acacia Communications (NASDAQ:ACIA) Frequently Asked Questions How has Acacia Communications' stock been impacted by COVID-19? Acacia Communications' stock was trading at $66.21 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, ACIA shares have increased by 2.0% and is now trading at $67.55. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Acacia Communications? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Acacia Communications in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Acacia Communications. When is Acacia Communications' next earnings date? Acacia Communications is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Acacia Communications. How were Acacia Communications' earnings last quarter? Acacia Communications, Inc. (NASDAQ:ACIA) posted its earnings results on Monday, August, 10th. The technology company reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.15. The technology company had revenue of $135.22 million for the quarter, compared to the consensus estimate of $131.79 million. Acacia Communications had a return on equity of 10.87% and a net margin of 11.71%. View Acacia Communications' earnings history. Who are some of Acacia Communications' key competitors? Some companies that are related to Acacia Communications include Solaredge Technologies (SEDG), Enphase Energy (ENPH), Advantest (ATEYY), ASE Technology (ASX), ON Semiconductor (ON), IPG Photonics (IPGP), First Solar (FSLR), Cree (CREE), Inphi (IPHI), Silicon Laboratories (SLAB), Cabot Microelectronics (CCMP), SUMCO CORP/ADR (SUOPY), Lattice Semiconductor (LSCC), Cirrus Logic (CRUS) and AU Optronics (AUO). View all competitors. What other stocks do shareholders of Acacia Communications own? Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Communications investors own include NVIDIA (NVDA), Micron Technology (MU), AbbVie (ABBV), Broadcom (AVGO), Netflix (NFLX), QUALCOMM (QCOM), Advanced Micro Devices (AMD), Cisco Systems (CSCO), Gilead Sciences (GILD) and AT&T (T). Who are Acacia Communications' key executives? Acacia Communications' management team includes the following people: Mr. Murugesan Shanmugaraj, Pres, CEO & Director (Age 61)Dr. Benny P. Mikkelsen, Co-Founder, CTO & Director (Age 59)Mr. Christian J. Rasmussen, Co-Founder and VP of Digital Signal Processing & Optics (Age 50)Mr. John F. Gavin, CFO & Treasurer (Age 60)Mr. Mehrdad Givehchi, Co-Founder and VP of Hardware & Software (Age 53) When did Acacia Communications IPO? (ACIA) raised $99 million in an initial public offering on Friday, May 13th 2016. The company issued 4,500,000 shares at $21.00-$23.00 per share. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank Securities acted as the underwriters for the IPO and Needham & Company, Cowen and Company and Northland Capital Markets were co-managers. What is Acacia Communications' stock symbol? Acacia Communications trades on the NASDAQ under the ticker symbol "ACIA." Who are Acacia Communications' major shareholders? Acacia Communications' stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.85%), ARP Americas LP (3.26%), TIG Advisors LLC (2.44%), Healthcare of Ontario Pension Plan Trust Fund (1.97%), CNH Partners LLC (1.62%) and Barclays PLC (1.27%). Company insiders that own Acacia Communications stock include Benny P Mikkelsen, Bhupendra C Shah, Christian J Rasmussen, Eric L Fisher, Francis J Murphy, John F Gavin, Mehrdad Givehchi, Meridian Venture Partners Ii L, Murugesan Shanmugaraj, Peter Y Chung and Stan J Reiss. View institutional ownership trends for Acacia Communications. Which institutional investors are selling Acacia Communications stock? ACIA stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., TIG Advisors LLC, CNH Partners LLC, UBS Group AG, Bank of America Corp DE, Nuveen Asset Management LLC, Frontier Capital Management Co. LLC, and GABELLI & Co INVESTMENT ADVISERS INC.. Company insiders that have sold Acacia Communications company stock in the last year include Benny P Mikkelsen, Bhupendra C Shah, Eric L Fisher, Francis J Murphy, John F Gavin, and Murugesan Shanmugaraj. View insider buying and selling activity for Acacia Communications. Which institutional investors are buying Acacia Communications stock? ACIA stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, Balyasny Asset Management LLC, Grantham Mayo Van Otterloo & Co. LLC, ARP Americas LP, Twin Securities Inc., Barclays PLC, Candriam Luxembourg S.C.A., and Strs Ohio. View insider buying and selling activity for Acacia Communications. How do I buy shares of Acacia Communications? Shares of ACIA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Acacia Communications' stock price today? One share of ACIA stock can currently be purchased for approximately $67.55. How big of a company is Acacia Communications? Acacia Communications has a market capitalization of $2.84 billion and generates $464.66 million in revenue each year. The technology company earns $32.84 million in net income (profit) each year or $1.18 on an earnings per share basis. Acacia Communications employs 386 workers across the globe. What is Acacia Communications' official website? The official website for Acacia Communications is www.acacia-inc.com. How can I contact Acacia Communications? Acacia Communications' mailing address is Three Mill and Main Place Suite 400, Maynard MA, 01754. The technology company can be reached via phone at 978-938-4896 or via email at [email protected] This page was last updated on 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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