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

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$3.20 +0.08 (+2.56 %)
(As of 02/22/2019 04:00 PM ET)
Previous Close$3.20
Today's Range$3.12 - $3.24
52-Week Range$2.75 - $4.40
Volume52,253 shs
Average Volume73,785 shs
Market Capitalization$158.85 million
P/E Ratio1.08
Dividend YieldN/A
Beta0.9
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$3.5165 per share
Book Value$5.84 per share

Profitability

Net Income$22.18 million
Net Margins-237.71%

Miscellaneous

Employees13
Market Cap$158.85 million
Next Earnings Date2/26/2019 (Estimated)
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 of Directors has authorized a share buyback 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 reacquire shares of its stock through open market purchases. Shares repurchase programs are generally an indication that the company's board believes its shares are 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 (EPS) for the quarter, beating the Thomson Reuters' 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 26th 2019. View Earnings Estimates for Acacia Research.

Has Acacia Research been receiving favorable news coverage?

Headlines about ACTG stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Acacia Research earned a media sentiment score of 2.0 on InfoTrie's scale. They also assigned news headlines about the business services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the immediate future.

Are investors shorting Acacia Research?

Acacia Research saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 634,620 shares, a decrease of 32.0% from the January 15th total of 932,918 shares. Based on an average daily volume of 100,344 shares, the short-interest ratio is currently 6.3 days. Approximately 1.3% 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?

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 Dimensional Fund Advisors LP (3.10%), CWM LLC (2.76%), Geode Capital Management LLC (1.12%), Hudson Bay Capital Management LP (0.51%), Alambic Investment Management L.P. (0.42%) and Bank of New York Mellon Corp (0.40%). 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 institutional investors are selling Acacia Research stock?

ACTG stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP, Alambic Investment Management L.P., Macquarie Group Ltd., Dimensional Fund Advisors LP, Two Sigma Advisers LP, D. E. Shaw & Co. Inc., Bank of New York Mellon Corp and CWM LLC. View Insider Buying and Selling for Acacia Research.

Which institutional investors are buying Acacia Research stock?

ACTG stock was acquired by a variety of institutional investors in the last quarter, including Hudson Bay Capital Management LP, Callodine Capital Management LP, Municipal Employees Retirement System of Michigan, Marquette Asset Management LLC, Geode Capital Management LLC and Rhumbline Advisers. 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 $3.20.

How big of a company is Acacia Research?

Acacia Research has a market capitalization of $158.85 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:  300 (Vote Underperform)
Total Votes:  554
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 2/23/2019 by MarketBeat.com Staff

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