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

$3.01
+0.06 (+2.03 %)
(As of 09/16/2019 02:51 AM ET)
Today's Range
$2.93
Now: $3.01
$3.02
50-Day Range
$2.61
MA: $2.79
$3.06
52-Week Range
$2.56
Now: $3.01
$3.45
Volume130,414 shs
Average Volume101,086 shs
Market Capitalization$150.89 million
P/E RatioN/A
Dividend YieldN/A
Beta0.67
Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engage in the licensing and enforcement of 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. Read More…

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$131.51 million
Cash Flow$1.1445 per share
Book Value$3.85 per share

Profitability

Net Income$-105,030,000.00

Miscellaneous

Employees13
Market Cap$150.89 million
Next Earnings Date10/24/2019 (Estimated)
OptionableOptionable

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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 announced that its Board of Directors has authorized a stock repurchase program on Wednesday, February 14th 2018, which allows the company to repurchase $20,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

How were Acacia Research's earnings last quarter?

Acacia Research Corp (NASDAQ:ACTG) issued its quarterly earnings data on Monday, August, 5th. The business services provider reported ($0.05) EPS for the quarter. The business services provider earned $5.46 million during the quarter. Acacia Research had a negative return on equity of 7.79% and a negative net margin of 76.22%. 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 Thursday, October 24th 2019. View Earnings Estimates for Acacia Research.

Has Acacia Research been receiving favorable news coverage?

Media coverage about ACTG stock has been trending somewhat positive on Monday, according to InfoTrie. The research firm ranks the sentiment of media coverage by reviewing more than six thousand news and blog 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 media sentiment score of 0.9 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Acacia Research.

Are investors shorting Acacia Research?

Acacia Research saw a increase in short interest during the month of August. As of August 31st, there was short interest totalling 233,100 shares, an increase of 24.7% from the July 31st total of 187,000 shares. Based on an average trading volume of 103,400 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.5% of the company's stock are sold short. View Acacia Research's Current Options Chain.

Who are some of Acacia Research's key competitors?

What other stocks do shareholders of Acacia Research own?

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 shareholders include Vanguard Group Inc. (7.19%), Renaissance Technologies LLC (6.96%), Invesco Ltd. (4.99%), JPMorgan Chase & Co. (2.27%), Pacific Ridge Capital Partners LLC (2.15%) and Northern Trust Corp (1.15%). Company insiders that own Acacia Research stock include Alfred Victor Jr Tobia, G Louis Graziadio III, Marc W Booth and Robert B Stewart Jr. View Institutional Ownership Trends for Acacia Research.

Which major investors are selling Acacia Research stock?

ACTG stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Alambic Investment Management L.P., Ancora Advisors LLC, Wells Fargo & Company MN, Menta Capital LLC, Verity Asset Management Inc. and SG Americas Securities LLC. View Insider Buying and Selling 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 Invesco Ltd., Vanguard Group Inc., Parametric Portfolio Associates LLC, Citadel Advisors LLC, Callodine Capital Management LP, JPMorgan Chase & Co., Wolverine Trading LLC and Renaissance Technologies LLC. Company insiders that have bought Acacia Research stock in the last two years include Alfred Victor Jr Tobia, G Louis Graziadio III and Marc W Booth. 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, Robinhood, Fidelity and Charles Schwab.

What is Acacia Research's stock price today?

One share of ACTG stock can currently be purchased for approximately $3.01.

How big of a company is Acacia Research?

Acacia Research has a market capitalization of $150.89 million and generates $131.51 million in revenue each year. Acacia Research employs 13 workers across the globe.View Additional Information About Acacia Research.

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 120 NEWPORT CENTER DRIVE, 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:  262 (Vote Outperform)
Underperform Votes:  311 (Vote Underperform)
Total Votes:  573
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 9/16/2019 by MarketBeat.com Staff

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