4.91

1.41% -0.07

Acacia Research Corp (ACTG)

Overview News Price History Option Chain Discussions Forecast Dividend History

Acacia Research Corp stock is currently priced at $4.91, with a 24-hour trading volume of 3,043. It has seen a -1.41% decreased in the last 24 hours and a -6.30% declined in the past month. The chart indicates a potential bearish trend, as the stock is below the $4.97 pivot point. If it approaches the $4.85 support level, significant changes may occur.

Previous Close:

$4.98

Open:

$4.93

24h Volume:

3,043

Market Cap:

$498.11M

Revenue:

$125.10M

Net Income/Loss:

$67.06M

P/E Ratio:

-5.3956

EPS:

-0.91

Net Cash Flow:

$-28.70M

1W Performance:

+1.45%

1M Performance:

-6.30%

6M Performance:

+38.50%

1Y Performance:

+35.64%

1D Range:

$4.92

$4.93

52W Range:

$3.43

$5.47

Acacia Research Corp Stock (ACTG) Company Profile

Name

Acacia Research Corp

Sector

Industrials (647)

Industry

Business Equipment & Supplies (9)

Phone

949-480-8300

Address

520 Newport Center Drive, 12th Floor, Newport Beach, CA

Employee

Twitter

@Acacia_Research

Next Earnings Date

2024-05-21

Latest SEC Filings

ACTG's Discussions on Twitter

Acacia Research Corp Stock (ACTG) Upgrades & Downgrades

Date	Action	Analyst	Rating Change
May-22-20	Initiated	Craig Hallum	Buy
Jul-29-16	Reiterated	Barclays	Underweight
May-23-16	Upgrade	Northland Capital	Market Perform → Outperform
Dec-23-15	Reiterated	Lake Street	Buy
Aug-20-15	Reiterated	Barclays	Equal Weight
Feb-20-15	Reiterated	Cowen	Outperform
Jan-21-15	Reiterated	Northland Capital	Outperform
Sep-18-14	Initiated	Northland Capital	Outperform
Jul-29-14	Reiterated	Barclays	Equal Weight
Feb-21-14	Reiterated	Barclays	Equal Weight
Nov-04-13	Reiterated	Cowen	Outperform
Sep-17-13	Initiated	Standpoint Research	Buy
Jul-23-13	Reiterated	Barclays	Equal Weight
Feb-22-13	Reiterated	Barclays	Equal Weight
Apr-20-12	Reiterated	Barclays	Equal Weight
Jul-08-11	Initiated	Barclays Capital	Equal Weight
Apr-19-11	Initiated	GARP Research	Buy
Jul-25-08	Downgrade	Davenport	Strong Buy → Buy
Apr-27-07	Reiterated	Davenport	Strong Buy

View All

Acacia Research Corp Stock (ACTG) Latest News

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Acacia Research Corp Stock (ACTG) Financials Data

Acacia Research Corp (ACTG) Revenue 2024

ACTG reported a revenue (TTM) of $125.10 million for the quarter ending December 31, 2023, a +111.24% rise year-over-year.

Acacia Research Corp (ACTG) Net Income 2024

ACTG net income (TTM) was $67.06 million for the quarter ending December 31, 2023, a +153.62% increase year-over-year.

Acacia Research Corp (ACTG) Cash Flow 2024

ACTG recorded a free cash flow (TTM) of -$28.70 million for the quarter ending December 31, 2023, a +33.37% increase year-over-year.

Acacia Research Corp (ACTG) Earnings per Share 2024

ACTG earnings per share (TTM) was $0.2298 for the quarter ending December 31, 2023, a +106.51% growth year-over-year.

Acacia Research Corp Stock (ACTG) Insider Trading

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total
Starboard Value LP	10% Owner	Jul 13 '23	Option Exercise	3.65	41,123,595	150,101,122	33,048,368
Soncini Jason W.	General Counsel	May 26 '23	Buy	3.96	12,500	49,500	156,043
McNulty Martin D. Jr.	Interim CEO	May 24 '23	Buy	3.75	40,000	150,000	100,000
Hoover Kirsten	Interim CFO	May 15 '23	Sale	4.00	12,495	49,980	65,455

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.