NASDAQ:ACTG Acacia Research - ACTG Stock Forecast, Price & News Adding Choose a watchlist: 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 Research Co. Please log in to your account or sign up in order to add this asset to your watchlist. $4.20 -0.22 (-4.98%) (As of 03/17/2023 08:53 PM ET) Add Compare Share Share Today's Range$4.10▼$4.4050-Day Range$3.96▼$4.5752-Week Range$3.43▼$5.30Volume580,600 shsAverage Volume217,142 shsMarket Capitalization$160.90 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Acacia Research MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside66.7% Upside$7.00 Price TargetShort InterestHealthy0.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.01Based on 7 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.51 out of 5 starsBusiness Services Sector295th out of 318 stocksPatent Owners & Lessors Industry6th out of 6 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Acacia Research has a forecasted upside of 66.7% from its current price of $4.20.Amount of Analyst CoverageAcacia Research has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.97% of the float of Acacia Research has been sold short.Short Interest Ratio / Days to CoverAcacia Research has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Acacia Research has recently increased by 2.21%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldAcacia Research does not currently pay a dividend.Dividend GrowthAcacia Research does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ACTG. Previous Next 1.7 News and Social Media Coverage News SentimentAcacia Research has a news sentiment score of -0.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.37 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Acacia Research this week, compared to 1 article on an average week.Search Interest3 people have searched for ACTG on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Acacia Research insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.23% of the stock of Acacia Research is held by insiders.Percentage Held by Institutions64.35% of the stock of Acacia Research is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Acacia Research is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Acacia Research is -1.19, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAcacia Research has a P/B Ratio of 0.48. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Acacia Research (NASDAQ:ACTG) StockAcacia Research Corp. engages in the acquisition, development, and patents technologies through its subsidiaries. Its 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, if necessary, with the enforcement against unauthorized users of their patented technologies. The company was founded by Robert Bruce Stewart on January 25, 1993 and is headquartered in New York, NY.Read More Receive ACTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Acacia Research and its competitors with MarketBeat's FREE daily newsletter. Email Address ACTG Stock News HeadlinesMarch 17, 2023 | finance.yahoo.comQ4 2022 Acacia Research Corp Earnings CallMarch 17, 2023 | americanbankingnews.comAcacia Research (NASDAQ:ACTG) Coverage Initiated by Analysts at StockNews.comMarch 20, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 16, 2023 | msn.comAcacia Research GAAP EPS of -$0.50 misses by $0.47, revenue of $13.1M misses by $2.9MMarch 16, 2023 | finance.yahoo.comAcacia Research Reports Fourth Quarter and Full-Year 2022 Financial ResultsMarch 14, 2023 | americanbankingnews.comAcacia Research (ACTG) Set to Announce Earnings on ThursdayMarch 8, 2023 | 247wallst.comStarboard Value Now Owns 34.2% of Acacia ResearchMarch 6, 2023 | finance.yahoo.comWhat's Happening Deep in the Heart of Deep Value Land?March 20, 2023 | Investor Place Media (Ad)The "King Of Quants" sees 10X potential...Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...March 6, 2023 | finance.yahoo.comAcacia Announces Closing of Rights OfferingMarch 2, 2023 | finance.yahoo.comAcacia Research to Release Fourth Quarter and Full Year 2022 Financial Results on March 16February 17, 2023 | benzinga.comAcacia Research Corporation Stock - Investors Who Have Held Acacia Stock Since At Least January 2022 Encouraged to Contact Kehoe Law Firm, P.C. - ACTGFebruary 15, 2023 | benzinga.comAcacia Stock - Investors Who Have Held Acacia Research Corporation Stock Since At Least January 2022 Encouraged to Contact Kehoe Law Firm, P.C. - ACTGFebruary 14, 2023 | finance.yahoo.comAcacia Announces Commencement of Rights OfferingJanuary 15, 2023 | seekingalpha.comAcacia: The Long Case Is Broken But There Is Still ValueJanuary 13, 2023 | finance.yahoo.comAcacia Research Corporation (NASDAQ:ACTG) is definitely on the radar of institutional investors who own 45% of the companyJanuary 9, 2023 | finance.yahoo.comAcacia Announces CFO Succession PlanJanuary 6, 2023 | benzinga.comBarrack, Rodos & Bacine Is Investigating Acacia Research Corporation (NASDAQ: ACTG) For Potential Investor ClaimsDecember 30, 2022 | benzinga.comAcacia Announces Internal Investigation into Former CEO's Apparent Misconduct and Releases Preliminary FindingsDecember 30, 2022 | finance.yahoo.comAcacia says it is probing former CEO's 'apparent misconduct'December 30, 2022 | finance.yahoo.comAcacia Research says inquiry found former CEO may have misused fundsDecember 30, 2022 | marketwatch.comAcacia Research Conducts Investigation into Former CEODecember 30, 2022 | seekingalpha.comAcacia Research's ex-CEO sues company in effort to get back on boardDecember 30, 2022 | finance.yahoo.comAcacia Announces Internal Investigation into Former CEO’s Apparent Misconduct and Releases Preliminary FindingsDecember 23, 2022 | thestreet.comAcacia Research Coroporation Stock Gaps Up On Today's Open (ACTG)December 3, 2022 | finance.yahoo.comGreat news for Acacia Research Corporation (NASDAQ:ACTG): Insiders acquired stock in large numbers last yearNovember 12, 2022 | finance.yahoo.comAcacia Research Third Quarter 2022 Earnings: Beats ExpectationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive ACTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Acacia Research and its competitors with MarketBeat's FREE daily newsletter. Email Address ACTG Company Calendar Last Earnings8/15/2021Today3/20/2023Next Earnings (Estimated)5/11/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Patent owners & lessors Sub-IndustryResearch & Consulting Services SectorBusiness Services Current SymbolNASDAQ:ACTG CUSIP00388130 CIK934549 Webwww.acaciaresearch.com Phone(332) 236-8500Fax949-480-8301Employees20Year Founded1993Price Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+66.7%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($3.53) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$149.20 million Net Margins-211.18% Pretax Margin111.10% Return on Equity-6.57% Return on Assets-3.45% Debt Debt-to-Equity RatioN/A Current Ratio5.00 Quick Ratio4.84 Sales & Book Value Annual Sales$59.22 million Price / Sales2.72 Cash Flow$0.53 per share Price / Cash Flow7.95 Book Value$8.68 per share Price / Book0.48Miscellaneous Outstanding Shares38,310,000Free Float37,452,000Market Cap$160.90 million OptionableOptionable Beta0.43 Social Links Key ExecutivesMJ McNultyCEO, COO, Head-Mergers & AcquisitionsKirsten HooverChief Financial & Accounting OfficerMarc W. BoothChief Intellectual Property OfficerJennifer GraffSecretaryJason W. SonciniGeneral CounselKey CompetitorsBitfarmsNASDAQ:BITFCleanSparkNASDAQ:CLSKAlithya GroupNASDAQ:ALYADiebold NixdorfNYSE:DBDVeritoneNASDAQ:VERIView All CompetitorsInstitutional OwnershipArrowMark Colorado Holdings LLCBought 195,926 shares on 2/15/2023Ownership: 5.213%Toroso Investments LLCBought 48,205 shares on 2/15/2023Ownership: 1.258%Millennium Management LLCBought 23,752 shares on 2/15/2023Ownership: 0.776%State of Wisconsin Investment BoardSold 35,400 shares on 2/15/2023Ownership: 0.163%Boothbay Fund Management LLCBought 18,000 shares on 2/15/2023Ownership: 0.000%View All Institutional Transactions ACTG Stock - Frequently Asked Questions What is Acacia Research's stock price forecast for 2023? 0 analysts have issued twelve-month price targets for Acacia Research's stock. Their ACTG share price forecasts range from $7.00 to $7.00. On average, they expect the company's stock price to reach $7.00 in the next year. This suggests a possible upside of 66.7% from the stock's current price. View analysts price targets for ACTG or view top-rated stocks among Wall Street analysts. How have ACTG shares performed in 2023? Acacia Research's stock was trading at $4.21 at the beginning of the year. Since then, ACTG shares have decreased by 0.2% and is now trading at $4.20. View the best growth stocks for 2023 here. When is Acacia Research's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023. View our ACTG earnings forecast. How were Acacia Research's earnings last quarter? Acacia Research Co. (NASDAQ:ACTG) announced its quarterly earnings data on Sunday, August, 15th. The business services provider reported $0.04 EPS for the quarter, missing the consensus estimate of $0.05 by $0.01. The business services provider earned $17.40 million during the quarter. Acacia Research had a negative trailing twelve-month return on equity of 6.57% and a negative net margin of 211.18%. What ETFs hold Acacia Research's stock? ETFs with the largest weight of Acacia Research (NASDAQ:ACTG) stock in their portfolio include Formidable ETF (FORH) and First Trust Dow Jones Select Microcap Index Fund (FDM).Dimensional US Small Cap Value ETF (DFSV). What other stocks do shareholders of Acacia Research own? Based on aggregate information from My MarketBeat watchlists, some companies that other Acacia Research investors own include Trevena (TRVN), Advanced Micro Devices (AMD), Ampio Pharmaceuticals (AMPE), Coeur Mining (CDE), Extreme Networks (EXTR), OPKO Health (OPK), Palatin Technologies (PTN), Rigel Pharmaceuticals (RIGL), Arrowhead Pharmaceuticals (ARWR) and Catalyst Pharmaceuticals (CPRX). What is Acacia Research's stock symbol? Acacia Research trades on the NASDAQ under the ticker symbol "ACTG." Who are Acacia Research's major shareholders? Acacia Research's stock is owned by a variety of institutional and retail investors. Top institutional investors include Starboard Value LP (13.05%), ArrowMark Colorado Holdings LLC (5.21%), Formidable Asset Management LLC (4.42%), Renaissance Technologies LLC (4.25%), Dimensional Fund Advisors LP (3.30%) and Pacific Ridge Capital Partners LLC (2.93%). Insiders that own company stock include Jason W Soncini, Marc W Booth, Marc W Booth, Maureen Oconnell and Richard Jay Rosenstein. View institutional ownership trends. How do I buy shares of Acacia Research? Shares of ACTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Acacia Research's stock price today? One share of ACTG stock can currently be purchased for approximately $4.20. How much money does Acacia Research make? Acacia Research (NASDAQ:ACTG) has a market capitalization of $160.90 million and generates $59.22 million in revenue each year. The business services provider earns $149.20 million in net income (profit) each year or ($3.53) on an earnings per share basis. How can I contact Acacia Research? Acacia Research's mailing address is 4 PARK PLAZA SUITE 550, IRVINE CA, 92614. The official website for the company is www.acaciaresearch.com. The business services provider can be reached via phone at (332) 236-8500, via email at rob@fnkir.com, or via fax at 949-480-8301. This page (NASDAQ:ACTG) was last updated on 3/20/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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