Acacia Research Corporation Company Profile (NASDAQ:ACTG)

About Acacia Research Corporation (NASDAQ:ACTG)

Acacia Research Corporation logoAcacia Research Corporation, through its subsidiaries, invests in, licenses and enforces patented technologies. The Company's operating subsidiaries partner with inventors and patent owners, applying their legal and technology expertise to patent assets to unlock the financial value in their patented inventions. The Company's operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, where necessary, with the enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The Company's operating subsidiaries own or control the rights to multiple patent portfolios, which include the United States patents and certain foreign counterparts, covering technologies used in a range of industries.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Business Support Services
  • Sub-Industry: Research & Consulting Services
  • Symbol: NASDAQ:ACTG
  • CUSIP: 00388130
  • Web: www.acaciaresearch.com
Capitalization:
  • Market Cap: $212.51 million
  • Outstanding Shares: 50,597,000
Average Prices:
  • 50 Day Moving Avg: $4.21
  • 200 Day Moving Avg: $4.16
  • 52 Week Range: $2.90 - $7.68
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 12.73
  • P/E Growth: 10.25
Sales & Book Value:
  • Annual Revenue: $111.94 million
  • Price / Sales: 1.90
  • Book Value: $4.82 per share
  • Price / Book: 0.87
Profitability:
  • EBITDA: $13.8 million
  • Net Margins: -25.64%
  • Return on Equity: -1.06%
  • Return on Assets: -0.95%
Debt:
  • Current Ratio: 7.32%
  • Quick Ratio: 7.32%
Misc:
  • Average Volume: 675,866 shs.
  • Beta: 1.24
  • Short Ratio: 5.4
 

Frequently Asked Questions for Acacia Research Corporation (NASDAQ:ACTG)

What is Acacia Research Corporation's stock symbol?

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

How were Acacia Research Corporation's earnings last quarter?

Acacia Research Corporation (NASDAQ:ACTG) posted its earnings results on Thursday, July, 27th. The company reported ($0.17) earnings per share for the quarter, missing the Zacks' consensus estimate of $0.08 by $0.25. The firm had revenue of $16.46 million for the quarter, compared to analysts' expectations of $5 million. Acacia Research Corporation had a negative return on equity of 1.06% and a negative net margin of 25.64%. The business's revenue for the quarter was down 60.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.23 earnings per share. View Acacia Research Corporation's Earnings History.

When will Acacia Research Corporation make its next earnings announcement?

Acacia Research Corporation is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Acacia Research Corporation.

Where is Acacia Research Corporation's stock going? Where will Acacia Research Corporation's stock price be in 2017?

2 brokerages have issued twelve-month target prices for Acacia Research Corporation's stock. Their forecasts range from $5.00 to $8.00. On average, they expect Acacia Research Corporation's share price to reach $6.50 in the next twelve months. View Analyst Ratings for Acacia Research Corporation.

Are investors shorting Acacia Research Corporation?

Acacia Research Corporation saw a increase in short interest in the month of September. As of September 29th, there was short interest totalling 2,238,013 shares, an increase of 39.4% from the September 15th total of 1,605,603 shares. Based on an average daily trading volume, of 1,950,194 shares, the days-to-cover ratio is presently 1.1 days. Approximately 4.6% of the company's stock are short sold.

Who are some of Acacia Research Corporation's key competitors?

Who are Acacia Research Corporation's key executives?

Acacia Research Corporation's management team includes the folowing people:

  • Paul R. Ryan, Chairman and CEO
  • Robert L. (Chip) Harris II, President and Director
  • Clayton J. Haynes, SVP, Finance, CFO, and Treasurer
  • G. Louis Graziadio III, Executive Chairman of the Board
  • Robert B. Stewart Jr., President
  • Clayton J. Haynes, Chief Financial Officer, Senior Vice President - Finance, Treasurer
  • Edward J. Treska, Executive Vice President, General Counsel, Secretary
  • William S. Anderson, Independent Director
  • Fred A. deBoom, Independent Director
  • Edward W. Frykman, Independent Director

Who owns Acacia Research Corporation stock?

Acacia Research Corporation's stock is owned by a variety of of retail and institutional investors. Top institutional investors include JPMORGAN CHASE & COMPANY (2.80%) and Mycio Wealth Partners LLC (0.21%). Company insiders that own Acacia Research Corporation stock include Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marvin E Key, Robert B Stewart Jr and Robert L Harris II. View Institutional Ownership Trends for Acacia Research Corporation.

Who bought Acacia Research Corporation stock? Who is buying Acacia Research Corporation stock?

Acacia Research Corporation's stock was acquired by a variety of institutional investors in the last quarter, including Mycio Wealth Partners LLC. Company insiders that have bought Acacia Research Corporation stock in the last two years include Clayton J Haynes, Edward Joseph Treska, Frank E Walsh III, G Louis Graziadio III, Marvin E Key, Robert B Stewart Jr and Robert L Harris II. View Insider Buying and Selling for Acacia Research Corporation.

How do I buy Acacia Research Corporation stock?

Shares of Acacia Research Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Acacia Research Corporation's stock price today?

One share of Acacia Research Corporation stock can currently be purchased for approximately $4.20.


MarketBeat Community Rating for Acacia Research Corporation (NASDAQ ACTG)
Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  124 (Vote Outperform)
Underperform Votes:  159 (Vote Underperform)
Total Votes:  283
MarketBeat's community ratings are surveys of what our community members think about Acacia Research Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Acacia Research Corporation (NASDAQ:ACTG) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Sell Rating, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $6.50 (54.76% upside)
Consensus Price Target History for Acacia Research Corporation (NASDAQ:ACTG)
Price Target History for Acacia Research Corporation (NASDAQ:ACTG)
Analysts' Ratings History for Acacia Research Corporation (NASDAQ:ACTG)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
7/10/2017Northland SecuritiesSet Price TargetBuy$8.00HighView Rating Details
5/7/2017Barclays PLCReiterated RatingSell$5.00LowView Rating Details
12/23/2015Lake Street CapitalLower Price TargetBuy$12.00 -> $6.50N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Acacia Research Corporation (NASDAQ:ACTG)
Earnings by Quarter for Acacia Research Corporation (NASDAQ:ACTG)
Earnings History by Quarter for Acacia Research Corporation (NASDAQ ACTG)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/26/2017$0.11N/AView Earnings Details
7/27/2017Q2 2017$0.08($0.17)$5.00 million$16.46 millionViewN/AView Earnings Details
5/4/2017Q1 2017$0.01($0.13)$20.00 million$8.85 millionViewListenView Earnings Details
3/9/201712/31/2016$0.08$0.02$24.00 million$22.00 millionViewListenView Earnings Details
10/27/2016Q316$0.02$0.31$26.32 million$64.60 millionViewListenView Earnings Details
7/28/2016Q216$0.03$0.23$23.33 million$41.40 millionViewListenView Earnings Details
4/21/2016Q116$0.04$0.05$23.50 million$24.70 millionViewListenView Earnings Details
2/25/2016Q415$0.11$0.09$27.61 million$37.50 millionViewListenView Earnings Details
10/22/2015Q315$0.13($0.23)$32.83 million$13.00 millionViewListenView Earnings Details
7/23/2015Q215$0.06$0.25$29.14 million$40.34 millionViewListenView Earnings Details
4/23/2015Q115$0.09$0.06$32.54 million$34.20 millionViewN/AView Earnings Details
2/19/2015Q414$0.04$0.03$26.42 million$31.00 millionViewN/AView Earnings Details
10/22/2014Q314($0.02)$0.10$22.70 million$37.20 millionViewListenView Earnings Details
7/24/2014Q214$0.06$0.16$15.13 million$50.07 millionViewN/AView Earnings Details
4/17/2014Q114$0.01($0.11)$238.48 million$12.58 millionViewN/AView Earnings Details
2/20/2014Q413$0.15($0.22)$25.29 million$15.07 millionViewN/AView Earnings Details
10/17/2013Q313$0.42$0.11$34.94 million$15.52 millionViewListenView Earnings Details
7/18/2013Q2 2013$0.47$0.13$66.98 million$23.11 millionViewListenView Earnings Details
4/18/2013Q1 2013$0.50$0.47$58.68 million$76.90 millionViewN/AView Earnings Details
2/21/2013Q4 2012$0.24$0.86$43.33 million$66.30 millionViewListenView Earnings Details
10/18/2012$0.25$0.17ViewN/AView Earnings Details
7/19/2012$0.22$0.43ViewN/AView Earnings Details
4/19/2012$1.19$1.48ViewN/AView Earnings Details
2/16/2012$0.49($0.05)ViewN/AView Earnings Details
10/20/2011$0.31$0.42ViewN/AView Earnings Details
7/21/2011($0.04)$0.05ViewN/AView Earnings Details
4/20/2011$0.38$0.34ViewN/AView Earnings Details
2/24/2011($0.05)($0.17)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Acacia Research Corporation (NASDAQ:ACTG)
Current Year EPS Consensus Estimate: $0.02 EPS
Next Year EPS Consensus Estimate: $0.33 EPS

Dividends

Dividend History by Quarter for Acacia Research Corporation (NASDAQ ACTG)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
10/23/2015quarterly$0.136.76%11/4/201511/6/201511/30/2015
7/24/2015quarterly$0.135.33%8/3/20158/5/20158/31/2015
4/24/2015quarterly$0.134.5%4/30/20155/4/20155/29/2015
2/20/2015quarterly$0.133.9%2/26/20153/2/20153/30/2015
10/22/2014special$0.133.24%10/30/201411/3/201411/28/2014
7/24/2014quarterly$0.132.85%7/31/20148/4/20148/31/2014
4/21/2014quarterly$0.133.15%4/29/20145/1/20145/30/2014
2/20/2014quarterly$0.133.58%2/27/20143/3/20143/31/2014
10/17/2013quarterly$0.133.23%10/30/201311/1/201311/29/2013
7/18/2013quarterly$0.132.27%7/30/20138/1/20138/30/2013
4/24/2013special$0.135/1/20135/3/20135/30/2013
4/23/2013quarterly$0.135/3/20135/30/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Acacia Research Corporation (NASDAQ:ACTG)
Insider Ownership Percentage: 2.81%
Institutional Ownership Percentage: 70.91%
Insider Trades by Quarter for Acacia Research Corporation (NASDAQ:ACTG)
Institutional Ownership by Quarter for Acacia Research Corporation (NASDAQ:ACTG)
Insider Trades by Quarter for Acacia Research Corporation (NASDAQ:ACTG)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/15/2017Clayton J HaynesCFOBuy2,000$3.99$7,980.00View SEC Filing  
9/15/2017Edward Joseph TreskaVPBuy2,500$3.98$9,950.00View SEC Filing  
9/15/2017Frank E Walsh IIIDirectorBuy25,000$3.98$99,500.00View SEC Filing  
9/15/2017Robert B Stewart JrPresidentBuy5,000$4.01$20,050.00View SEC Filing  
9/13/2017G Louis Graziadio IIIDirectorBuy22,600$3.95$89,270.00View SEC Filing  
9/1/2017G Louis Graziadio IIIDirectorBuy8,200$3.40$27,880.00View SEC Filing  
8/31/2017Frank E Walsh IIIDirectorBuy25,000$3.32$83,000.00View SEC Filing  
8/29/2017G Louis Graziadio IIIDirectorBuy19,000$3.35$63,650.00View SEC Filing  
8/28/2017G Louis Graziadio IIIDirectorBuy2,556$3.20$8,179.20View SEC Filing  
8/25/2017G Louis Graziadio IIIDirectorBuy2,500$3.30$8,250.00View SEC Filing  
8/24/2017G Louis Graziadio IIIDirectorBuy800$3.30$2,640.00View SEC Filing  
8/23/2017G Louis Graziadio IIIDirectorBuy22,094$3.13$69,154.22View SEC Filing  
8/22/2017G Louis Graziadio IIIDirectorBuy10,000$3.08$30,800.00View SEC Filing  
5/11/2017G Louis Graziadio IIIInsiderBuy97,445$4.99$486,250.55View SEC Filing  
5/9/2017G Louis Graziadio IIIDirectorBuy40,000$4.92$196,800.00View SEC Filing  
5/8/2017G Louis Graziadio IIIDirectorBuy10,419$5.07$52,824.33View SEC Filing  
3/14/2017Frank E Walsh IIIDirectorBuy7,335$5.05$37,041.75View SEC Filing  
3/13/2017Frank E Walsh IIIDirectorBuy44,765$5.09$227,853.85View SEC Filing  
8/30/2016G Louis Graziadio IIIDirectorBuy38,889$5.89$229,056.21View SEC Filing  
8/26/2016G Louis Graziadio IIIDirectorBuy40,221$5.86$235,695.06View SEC Filing  
8/8/2016G Louis Graziadio IIIDirectorBuy8,729$5.97$52,112.13View SEC Filing  
8/5/2016G Louis Graziadio IIIDirectorBuy38,038$5.82$221,381.16View SEC Filing  
6/16/2016Frank E Walsh IIIDirectorBuy50,000$4.66$233,000.00View SEC Filing  
6/9/2016Frank E Walsh IIIDirectorBuy40,000$5.00$200,000.00View SEC Filing  
5/19/2016G Louis Graziadio IIIDirectorBuy98,887$4.59$453,891.33View SEC Filing  
5/18/2016Frank E Walsh IIIDirectorBuy40,000$4.63$185,200.00View SEC Filing  
5/16/2016G Louis Graziadio IIIDirectorBuy116,174$4.61$535,562.14View SEC Filing  
5/12/2016G Louis Graziadio IIIDirectorBuy90,701$4.66$422,666.66View SEC Filing  
5/10/2016G Louis Graziadio IIIDirectorBuy7,301$4.59$33,511.59View SEC Filing  
5/9/2016G Louis Graziadio IIIDirectorBuy26,302$4.59$120,726.18View SEC Filing  
5/5/2016Frank E Walsh IIIDirectorBuy25,000$4.61$115,250.00View SEC Filing  
5/4/2016G Louis Graziadio IIIDirectorBuy34,740$4.61$160,151.40View SEC Filing  
5/2/2016G Louis Graziadio IIIDirectorBuy8,200$4.74$38,868.00View SEC Filing  
4/29/2016G Louis Graziadio IIIDirectorBuy10,000$4.79$47,900.00View SEC Filing  
4/27/2016G Louis Graziadio IIIDirectorBuy10,000$4.44$44,400.00View SEC Filing  
4/25/2016Frank E Walsh IIIDirectorBuy35,000$4.13$144,550.00View SEC Filing  
4/25/2016Marvin E KeyCEOBuy55,000$4.15$228,250.00View SEC Filing  
3/17/2016G Louis Graziadio IIIDirectorBuy74,196$3.79$281,202.84View SEC Filing  
3/17/2016Marvin E KeyCEOBuy65,000$3.76$244,400.00View SEC Filing  
12/1/2015Robert L Harris IIChairmanBuy14,301$5.86$83,803.86View SEC Filing  
11/30/2015Robert L Harris IIChairmanBuy10,500$5.66$59,430.00View SEC Filing  
11/27/2015Robert L Harris IIChairmanBuy15,000$5.71$85,650.00View SEC Filing  
11/25/2015Robert L Harris IIChairmanBuy15,000$5.63$84,450.00View SEC Filing  
6/4/2015Fred A DeboomDirectorBuy2,000$10.20$20,400.00View SEC Filing  
6/2/2015Fred A DeboomDirectorSell2,000$10.35$20,700.00View SEC Filing  
12/5/2014Fred A DeboomDirectorSell2,000$19.50$39,000.00View SEC Filing  
11/26/2014Fred A DeboomDirectorSell5,000$19.50$97,500.00View SEC Filing  
11/20/2014Clayton J HaynesCFOSell4,365$18.14$79,181.10View SEC Filing  
11/20/2014Edward Joseph TreskaVPSell8,115$18.14$147,206.10View SEC Filing  
11/20/2014Robert L Harris IIChairmanSell12,925$18.14$234,459.50View SEC Filing  
9/15/2014Fred A DeboomDirectorSell1,000$17.62$17,620.00View SEC Filing  
8/28/2014Fred A DeboomDirectorSell1,000$17.75$17,750.00View SEC Filing  
5/20/2014Clayton HaynesCFOSell6,732$14.84$99,902.88View SEC Filing  
5/20/2014Matthew VellaCEOSell24,446$14.84$362,778.64View SEC Filing  
5/20/2014Robert Harris IIChairmanSell14,561$14.84$216,085.24View SEC Filing  
1/21/2014Edward Joseph TreskaVPSell4,167$14.07$58,629.69View SEC Filing  
12/12/2013Clayton HaynesCFOSell3,000$12.70$38,100.00View SEC Filing  
12/12/2013Robert Harris IIChairmanSell6,667$12.70$84,670.90View SEC Filing  
10/22/2013Matthew VellaPresidentSell2,400$16.03$38,472.00View SEC Filing  
9/3/2013Fred A DeboomDirectorSell2,000$22.28$44,560.00View SEC Filing  
8/28/2013Clayton HaynesCFOSell1,142$21.44$24,484.48View SEC Filing  
8/23/2013Matthew VellaPresidentSell4,768$22.05$105,134.40View SEC Filing  
7/31/2013Clayton J HaynesCFOSell2,517$22.85$57,513.45View SEC Filing  
7/31/2013Edward Joseph TreskaSVPSell1,414$22.87$32,338.18View SEC Filing  
7/31/2013Matthew VellaPresidentSell3,969$22.87$90,771.03View SEC Filing  
7/31/2013Paul R RyanCEOSell48,333$22.87$1,105,375.71View SEC Filing  
7/31/2013Robert L Harris IIChairmanSell8,334$22.87$190,598.58View SEC Filing  
7/25/2013Fred A DeboomDirectorSell10,000$22.74$227,400.00View SEC Filing  
7/22/2013Clayton J HaynesCFOSell1,576$21.95$34,593.20View SEC Filing  
7/22/2013Edward Joseph TreskaVPSell4,167$21.95$91,465.65View SEC Filing  
7/22/2013Matthew VellaPresidentSell4,616$21.95$101,321.20View SEC Filing  
7/22/2013Paul R RyanCEOSell3,147$21.95$69,076.65View SEC Filing  
7/22/2013Robert L Harris IIChairmanSell8,333$21.95$182,909.35View SEC Filing  
6/25/2013Clayton J HaynesCFOSell1,085$23.58$25,584.30View SEC Filing  
6/13/2013Fred A DeboomDirectorSell2,000$25.00$50,000.00View SEC Filing  
5/28/2013Clayton J HaynesCFOSell1,060$24.20$25,652.00View SEC Filing  
5/15/2013Clayton J HaynesCFOSell2,262$23.60$53,383.20View SEC Filing  
5/15/2013Matthew VellaPresidentSell5,021$23.60$118,495.60View SEC Filing  
5/15/2013Robert L Harris IIChairmanSell13,333$23.60$314,658.80View SEC Filing  
8/8/2012Paul R RyanCEOSell25,000$26.19$654,750.00View SEC Filing  
8/8/2012Robert L Harris IIChairmanSell12,500$26.19$327,375.00View SEC Filing  
(Data available from 1/1/2013 forward)

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Acacia Research Corporation (ACTG) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

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