Acacia Research Corporation (ACTG)

NASDAQ: ACTG · IEX Real-Time Price · USD

5.49 -0.03 (-0.54%)

Oct 15, 2021 4:00 PM EDT - Market closed

Market Cap	273.34M
Revenue (ttm)	47.05M
Net Income (ttm)	-25.54M
Shares Out	48.73M
EPS (ttm)	-1.07
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	296,367
Open	5.63
Previous Close	5.52
Day's Range	5.49 - 5.72
52-Week Range	3.06 - 9.09
Beta	0.47
Analysts	Strong Buy
Price Target	8.00 (+45.7%)
Est. Earnings Date	Nov 8, 2021

About ACTG

Acacia Research Corporation, together with its subsidiaries, intends to acquire undervalued businesses primarily in technology, life sciences, industrial, and financial services segments in the United States. The company also invests in intellectual property and related absolute return assets, as well as engages in the licensing and enforcement of patented technologies. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York.

IndustryProfessional Services

IPO DateJul 8, 1996

CEOClifford Press

Employees20

Stock ExchangeNASDAQ

Ticker SymbolACTG

Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for ACTG stock is "Strong Buy" and the 12-month stock price forecast is 8.00.

Price Target

$8.00

(45.72% upside)

Analyst Consensus: Strong Buy

News

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...

4 days ago - Business Wire

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...

1 week ago - Business Wire

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

1 month ago - Benzinga

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

1 month ago - Business Wire

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...

1 month ago - Benzinga

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 $...

1 month ago - Benzinga

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...

1 month ago - Business Wire

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...

2 months ago - Business Wire

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...

4 months ago - Business Wire

Acacia Research to Release First Quarter 2021 Financial Results

NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (“Acacia” or “the Company”) (NASDAQ: ACTG) announced today it will release its first quarter 2021 financial results on Monday, May 17, 20...

5 months ago - Business Wire

Acacia Research Reports Fourth Quarter and Full-Year 2020 Financial Results

NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) today reported results for the three and 12-month period ended December 31, 2020. Clifford Press, Chief Executive Officer, stated, “...

6 months ago - Business Wire

Acacia Research to Release Fourth Quarter and Year-end 2020 Financial Results

NEW YORK--(BUSINESS WIRE)---- $ACTG--Acacia Research Corporation (“Acacia” or “the Company”) (NASDAQ: ACTG) announced today it will release its fourth quarter and year-end 2020 financial results on Mond...

7 months ago - Business Wire

Arix Bioscience responds to open letter from Acacia Research Corp

Arix Bioscience PLC (LON:ARIX) has issued a response to an open letter from activist shareholder Acacia Research Corporation released on Monday. The biotech-focused venture capital firm said it was “dis...

7 months ago - Proactive Investors