Acacia Research Corporation (ACTG)

NASDAQ: ACTG · IEX Real-Time Price · USD
4.92
+0.09 (1.76%)
Aug 12, 2022 11:42 AM EDT - Market open
1.76%
Market Cap 225.15M
Revenue (ttm) 95.07M
Net Income (ttm) 112.28M
Shares Out 45.81M
EPS (ttm) 3.22
PE Ratio 1.53
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 42,738
Open 4.83
Previous Close 4.83
Day's Range 4.79 - 4.95
52-Week Range 3.30 - 7.54
Beta 0.37
Analysts Buy
Price Target 8.16 (+66.0%)
Earnings Date Aug 11, 2022

About ACTG

Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The company operates through two segments, Intellectual Property Operations and Industrial Operations. 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 1,600 license agreements, and approximate... [Read more...]

Industry Professional Services
IPO Date Jul 8, 1996
CEO Clifford Press
Employees 287
Stock Exchange NASDAQ
Ticker Symbol ACTG
Full Company Profile

Financial Performance

In 2021, ACTG's revenue was $88.05 million, an increase of 195.64% compared to the previous year's $29.78 million. Earnings were $149.20 million, an increase of 36.59%.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for ACTG stock is "Buy." The 12-month stock price forecast is 8.16, which is an increase of 66.02% from the latest price.

Price Target
$8.16
(66.02% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Acacia Research Reports Second Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2022. Key Business Highligh...

Acacia Research to Release Second Quarter 2022 Financial Results on August 11, 2022

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its second quarter 2022 financial results before market open on Thursday, August 11, 2022. The Compa...

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Other symbols: BZHCCDEVJXNNYCBZEUS

Acacia Research Reports First Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months ended March 31, 2022. The reported results reflect...

Acacia Research to Release First Quarter 2022 Financial Results on May 12, 2022

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its first quarter 2022 financial results before market open on Thursday, May 12, 2022. The Company w...

7 Micro-Cap Stocks to Make a Bet on in Q2

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Other symbols: AMCARCCNTYCSSEFLLKSS

Acacia Research Reports Fourth Quarter and Full-Year 2021 Financial Results and Preliminary First Quarter 2022 Result...

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three months and full year ended December 31, 2021. The reporte...

Acacia Research to Release Fourth Quarter and Year-End 2021 Financial Results on March 31, 2022

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its fourth quarter and year-end 2021 financial results before market open on Thursday, March 31, 202...

Acacia Research Names Martin McNulty As COO, Head Of M&A

Acacia Research Corp (NASDAQ: ACTG) appointed Martin McNulty, Jr. as Chief Operating Officer and Head of M&A and promoted Wesley Golby to Chief Investment Officer, effective immediately. McNulty most re...

Acacia Research Announces New Leadership Appointments

Martin D. McNulty, Jr., Former CEO of Starboard Value Acquisition Corp., Joins as Chief Operating Officer and Head of M&A Wesley Golby, Who Served as Director of Research, Promoted to Chief Investment O...

7 Penny Stocks To Pick Up for Profits in Q1

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Other symbols: HDSNMESAPOWWSALM

Acacia Research Reports Third Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three- and nine-month periods ended September 30, 2021. Clifford Press, Chief Executive Officer, stat...

Acacia Research Announces Licensing Agreement for Wi-Fi 6 Patents

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today announced that its subsidiary, Atlas Global Technologies LLC, has granted a license to Samsung Electronics Co., Ltd., related ...

Acacia Research to Release Third Quarter Financial Results on November 15, 2021

NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (NASDAQ: ACTG) announced today it will release its third quarter financial results after market close on Monday, November 15, 2021. The C...

Outerbridge Comments on Confirmed Media Report of Third Party Interest in Acquiring Comtech

NEW YORK--(BUSINESS WIRE)--Outerbridge Capital Management, LLC (“Outerbridge”), a beneficial owner of approximately 4.9% of Comtech Telecommunications Corp.'s (NASDAQ: CMTL) (“Comtech” or the “Company”)...

Other symbols: CMTL

Comtech Confirms Receipt of Unsolicited Proposal

MELVILLE, N.Y.--(BUSINESS WIRE)--November 1, 2021-- Comtech Telecommunications Corp. (NASDAQ: CMTL) today confirmed receipt of an unsolicited, non-binding proposal from Acacia Research Corporation (NASD...

Other symbols: CMTL

Acacia Research Acquires Printronix, a Leading Printing Technology Business

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today announced that it has acquired Printronix Holding Corp. (“Printronix”). Printronix is a leading ma...

Acacia's Portfolio Holding, Oxford Nanopore, Completes IPO on the London Stock Exchange Generating Net Proceeds of $2...

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia”) today announced that Oxford Nanopore Technologies Limited (“Oxford Nanopore”), the company behind a new generation of nan...

Spok Shares Shoot Up On Takeover Offer At 37% Premium

Healthcare communications company Spok Holdings Inc (NASDAQ:SPOK) confirmed Acacia Research Corp's (NASDAQ:ACTG) proposal to acquire Spok for $10.75 per share in cash. The offer price implies a 36.8% pr...

Other symbols: SPOK

Spok Holdings Confirms Receipt of Letter from Acacia Research

ALEXANDRIA, Va.--(BUSINESS WIRE)--Spok Holdings, Inc. (NASDAQ: SPOK), a global leader in healthcare communications, today announced that it has received a letter, and is aware of a public announcement, ...

Other symbols: SPOK

Acacia Research Stocks Slides After Q2 Results

Acacia Research Corp (NASDAQ: ACTG) reported second-quarter revenues of $17.4 million compared to $2.12 million in 2Q20. Operating income recovered to $1.64 million from a loss of $(6.75) million a year...

Acacia Research: Q2 Earnings Insights

Shares of Acacia Research (NASDAQ:ACTG) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 155.56% year over year to $0.23, which beat the estimate of $...

Acacia Research Reports Second Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three- and six-month periods ended June 30, 2021. Clifford Press, Chief Executive Officer, stated, “O...

Acacia Research to Release Second Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (“Acacia” or “the Company”) (NASDAQ: ACTG) announced today it will release its second quarter 2021 financial results on Monday, August 16...

Acacia Research Reports First Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) today reported results for the three-month period ended March 31, 2021. Clifford Press, Chief Executive Officer, stated, “Our define...