NASDAQ:ACTG Acacia Research (ACTG) Stock Forecast, Price & News $3.93 +0.18 (+4.80%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$3.79▼$3.9950-Day Range$3.62▼$4.2752-Week Range$3.43▼$5.30Volume229,396 shsAverage Volume168,417 shsMarket Capitalization$230.10 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Acacia Research MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside78.1% Upside$7.00 Price TargetShort InterestHealthy0.72% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.76Based on 5 Articles This WeekInsider TradingAcquiring Shares$150,000 Bought Last QuarterProj. 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.1.91 out of 5 starsBusiness Services Sector241st out of 347 stocksPatent Owners & Lessors Industry6th out of 8 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 78.1% from its current price of $3.93.Amount of Analyst CoverageAcacia Research has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted0.72% of the outstanding shares of Acacia Research have 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 decreased by 0.50%, indicating that investor sentiment is improving. 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 2.6 News and Social Media Coverage News SentimentAcacia Research has a news sentiment score of 0.76. 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 higher news sentiment than the 0.58 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Acacia Research this week, compared to 1 article on an average week. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Acacia Research insiders have bought 200.12% more of their company's stock than they have sold. Specifically, they have bought $150,000.00 in company stock and sold $49,980.00 in company stock.Percentage Held by InsidersOnly 2.52% 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 -1.97, 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 -1.97, 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 0.65. 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 acquisition and development, and patents technologies through its subsidiaries. It operates through the Intellectual Property and Industrial Operations segments. The Intellectual Property Operations segment invests in IP and related absolute return assets and engages in the licensing and enforcement of patented technologies. The Industrial Operations segment generates operating income by designing and manufacturing printers and consumable products for various industrial printing applications. 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 HeadlinesMay 27, 2023 | finance.yahoo.comInterim CEO of Acacia Research Martin McNulty Buys More StockMay 27, 2023 | finance.yahoo.comInterim CEO of Acacia Research Martin McNulty Buys More Stock \May 28, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 27, 2023 | americanbankingnews.comAcacia Research Co. (NASDAQ:ACTG) CEO Martin D. Jr. Mcnulty Purchases 40,000 SharesMay 20, 2023 | americanbankingnews.comInsider Selling: Acacia Research Co. (NASDAQ:ACTG) CFO Sells $49,980.00 in StockMay 20, 2023 | americanbankingnews.comStockNews.com Initiates Coverage on Acacia Research (NASDAQ:ACTG)May 17, 2023 | americanbankingnews.comAcacia Research Co. (NASDAQ:ACTG) Short Interest Down 7.1% in AprilMay 14, 2023 | americanbankingnews.comAcacia Research (NASDAQ:ACTG) Stock Price Crosses Above Two Hundred Day Moving Average of $4.05May 28, 2023 | Behind the Markets (Ad)"Unknown laser company making HUGE profit from Russia-Ukraine War"On February 24th, Russia invaded Ukraine. This caused major stock losses and soaring gas prices. But it also created a HUGE opportunity for savvy investors. There's an unknown laser company that's been profiting greatly from this war... ...and from another major conflict happening 3,000 miles away. Learn more here >>>May 12, 2023 | finance.yahoo.comQ1 2023 Acacia Research Corp Earnings CallMay 11, 2023 | msn.comAcacia Research GAAP EPS of -$0.07 misses by $0.05, revenue of $14.8M misses by $1.2MMay 11, 2023 | finance.yahoo.comAcacia Research Reports First Quarter 2023 Financial ResultsMay 9, 2023 | americanbankingnews.comAcacia Research (ACTG) Scheduled to Post Quarterly Earnings on ThursdayApril 27, 2023 | finance.yahoo.comAcacia Research to Release First Quarter 2023 Financial Results on May 11April 22, 2023 | americanbankingnews.comAcacia Research Co. (NASDAQ:ACTG) Short Interest UpdateApril 21, 2023 | finance.yahoo.comAcacia Research's (NASDAQ:ACTG) investors will be pleased with their notable 52% return over the last three yearsApril 16, 2023 | americanbankingnews.comAcacia Research (NASDAQ:ACTG) vs. American Acquisition Opportunity (NASDAQ:AMAO) Financial ReviewMarch 27, 2023 | americanbankingnews.comAcacia Research (NASDAQ:ACTG) Downgraded by StockNews.comMarch 26, 2023 | americanbankingnews.comStockNews.com Downgrades Acacia Research (NASDAQ:ACTG) to SellMarch 20, 2023 | finance.yahoo.comAcacia Research Corporation (NASDAQ:ACTG) Q4 2022 Earnings Call TranscriptMarch 17, 2023 | finance.yahoo.comQ4 2022 Acacia Research Corp Earnings CallMarch 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 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 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 16See 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 Earnings3/16/2023Today5/28/2023Next Earnings (Estimated)8/10/2023Fiscal 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+78.1%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)($1.99) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-125,070,000.00 Net Margins-75.75% Pretax Margin-44.74% Return on Equity-5.48% Return on Assets-3.09% Debt Debt-to-Equity RatioN/A Current Ratio5.60 Quick Ratio5.44 Sales & Book Value Annual Sales$59.22 million Price / Sales3.89 Cash FlowN/A Price / Cash FlowN/A Book Value$6.07 per share Price / Book0.65Miscellaneous Outstanding Shares58,550,000Free Float57,076,000Market Cap$230.10 million OptionableOptionable Beta0.41 Social Links Key ExecutivesMJ McNultyCEO, COO, Head-Mergers & AcquisitionsKirsten HooverChief Financial & Accounting OfficerMarc W. BoothChief Intellectual Property OfficerJennifer GraffSecretaryJason W. SonciniGeneral CounselKey CompetitorsClimb Global SolutionsNASDAQ:CLMBReal BrokerageNASDAQ:REAXCoreCardNYSE:CCRDGigaCloud TechnologyNASDAQ:GCTTiga AcquisitionNYSE:TINVView All CompetitorsInsiders & InstitutionsMartin D Jr. McnultyBought 40,000 shares on 5/24/2023Total: $150,000.00 ($3.75/share)Royce & Associates LPBought 460,717 shares on 5/23/2023Ownership: 1.514%Toroso Investments LLCBought 28,923 shares on 5/23/2023Ownership: 0.873%Starboard Value LPBought 15,000,000 shares on 5/17/2023Ownership: 34.159%First Trust Advisors LPBought 21,135 shares on 5/16/2023Ownership: 0.198%View All Insider TransactionsView All Institutional Transactions ACTG Stock - Frequently Asked Questions What is Acacia Research's stock price forecast for 2023? 0 brokerages have issued 12-month price objectives for Acacia Research's stock. Their ACTG share price forecasts range from $7.00 to $7.00. On average, they predict the company's share price to reach $7.00 in the next twelve months. This suggests a possible upside of 78.1% 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 start of the year. Since then, ACTG shares have decreased by 6.7% and is now trading at $3.93. 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, August 10th 2023. View our ACTG earnings forecast. How were Acacia Research's earnings last quarter? Acacia Research Co. (NASDAQ:ACTG) posted its quarterly earnings results on Thursday, March, 16th. The business services provider reported $0.04 earnings per share for the quarter. The business services provider had revenue of $13.12 million for the quarter. Acacia Research had a negative trailing twelve-month return on equity of 5.48% and a negative net margin of 75.75%. 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).First Trust Dow Jones Select Microcap Index Fund (FDM). 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 number of retail and institutional investors. Top institutional investors include Starboard Value LP (34.16%), Formidable Asset Management LLC (3.02%), Renaissance Technologies LLC (2.81%), Dimensional Fund Advisors LP (2.52%), Portolan Capital Management LLC (2.46%) and BlackRock Inc. (1.58%). Insiders that own company stock include Jason W Soncini, Kirsten Hoover, Marc W Booth, Marc W Booth, Martin D Jr Mcnulty, 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 $3.93. How much money does Acacia Research make? Acacia Research (NASDAQ:ACTG) has a market capitalization of $230.10 million and generates $59.22 million in revenue each year. The business services provider earns $-125,070,000.00 in net income (profit) each year or ($1.99) 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 5/28/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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