NASDAQ:ACTG - Acacia Research Stock Price, News, & Analysis

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$3.05 +0.02 (+0.66 %)
(As of 01/23/2019 04:00 PM ET)
Previous Close$3.03
Today's Range$2.9950 - $3.09
52-Week Range$2.75 - $4.40
Volume96,150 shs
Average Volume120,183 shs
Market Capitalization$151.40 million
P/E Ratio1.03
Dividend YieldN/A
Beta0.93
Acacia Research Corporation, together with its subsidiaries, invests in, licenses, and enforces patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,550 license agreements and 193 patent portfolio licensing and enforcement programs. Acacia Research Corporation was founded in 1992 and is headquartered in Newport Beach, California.

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Industry, Sector and Symbol

Industry Patent owners & lessors
Sub-IndustryResearch & Consulting Services
SectorBusiness Services
Current SymbolNASDAQ:ACTG
CUSIP00388130
Phone949-480-8300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$65.40 million
Cash Flow$3.4270 per share
Book Value$5.84 per share

Profitability

Net Income$22.18 million
Net Margins-237.71%

Miscellaneous

Employees13
Market Cap$151.40 million
OptionableOptionable

Acacia Research (NASDAQ:ACTG) Frequently Asked Questions

What is Acacia Research's stock symbol?

Acacia Research trades on the NASDAQ under the ticker symbol "ACTG."

How will Acacia Research's stock buyback program work?

Acacia Research declared that its board has authorized a stock repurchase plan on Wednesday, February 14th 2018, which authorizes the company to repurchase $20,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its stock is undervalued.

How were Acacia Research's earnings last quarter?

Acacia Research Corp (NASDAQ:ACTG) posted its earnings results on Thursday, October, 25th. The business services provider reported $0.11 earnings per share for the quarter, beating the consensus estimate of ($0.08) by $0.19. The business services provider had revenue of $13.73 million for the quarter, compared to analysts' expectations of $5 million. Acacia Research had a negative return on equity of 21.97% and a negative net margin of 237.71%. View Acacia Research's Earnings History.

When is Acacia Research's next earnings date?

Acacia Research is scheduled to release their next quarterly earnings announcement on Tuesday, February 12th 2019. View Earnings Estimates for Acacia Research.

Has Acacia Research been receiving favorable news coverage?

Headlines about ACTG stock have been trending very positive this week, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Acacia Research earned a coverage optimism score of 3.7 on InfoTrie's scale. They also assigned news articles about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Are investors shorting Acacia Research?

Acacia Research saw a drop in short interest in December. As of December 31st, there was short interest totalling 866,722 shares, a drop of 34.1% from the December 14th total of 1,314,851 shares. Based on an average daily trading volume, of 223,138 shares, the days-to-cover ratio is presently 3.9 days. Approximately 1.8% of the shares of the company are short sold. View Acacia Research's Current Options Chain.

Who are some of Acacia Research's key competitors?

Who are Acacia Research's key executives?

Acacia Research's management team includes the folowing people:
  • Mr. Clayton J. Haynes, Consultant (Age 49)
  • Mr. Edward J. Treska, Consultant (Age 53)
  • Mr. Marc W. Booth, Chief Intellectual Property Officer (Age 60)
  • Mr. Phillip Mitchell Ph.D., Sr. VP - Engineering
  • Mr. Darren Miller, Sr. VP of Contracts - Legal

Who are Acacia Research's major shareholders?

Acacia Research's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Marquette Asset Management LLC (0.06%). Company insiders that own Acacia Research stock include Alfred Victor Jr Tobia, Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marc W Booth and Robert B Stewart Jr. View Institutional Ownership Trends for Acacia Research.

Which major investors are buying Acacia Research stock?

ACTG stock was acquired by a variety of institutional investors in the last quarter, including Marquette Asset Management LLC. Company insiders that have bought Acacia Research stock in the last two years include Alfred Victor Jr Tobia, Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marc W Booth and Robert B Stewart Jr. View Insider Buying and Selling for Acacia Research.

How do I buy shares of Acacia Research?

Shares of ACTG 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, Scottrade, Fidelity and Charles Schwab.

What is Acacia Research's stock price today?

One share of ACTG stock can currently be purchased for approximately $3.05.

How big of a company is Acacia Research?

Acacia Research has a market capitalization of $151.40 million and generates $65.40 million in revenue each year. The business services provider earns $22.18 million in net income (profit) each year or $2.97 on an earnings per share basis. Acacia Research employs 13 workers across the globe.

What is Acacia Research's official website?

The official website for Acacia Research is http://www.acaciaresearch.com.

How can I contact Acacia Research?

Acacia Research's mailing address is 520 NEWPORT CENTER DRIVE 12TH FLOOR, NEWPORT BEACH CA, 92660. The business services provider can be reached via phone at 949-480-8300 or via email at [email protected]


MarketBeat Community Rating for Acacia Research (NASDAQ ACTG)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  298 (Vote Underperform)
Total Votes:  552
MarketBeat's community ratings are surveys of what our community members think about Acacia Research and other stocks. Vote "Outperform" if you believe ACTG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ACTG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/23/2019 by MarketBeat.com Staff

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