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ACTG

ACTG - Acacia Research Corp Stock Price, Fair Value and News

4.94USD-0.08 (-1.59%)Market Closed

Market Summary

ACTG
USD4.94-0.08
Market Closed
-1.59%

ACTG Stock Price

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ACTG RSI Chart

ACTG Valuation

Market Cap

493.5M

Price/Earnings (Trailing)

7.36

Price/Sales (Trailing)

3.79

EV/EBITDA

1.92

Price/Free Cashflow

-21.74

ACTG Price/Sales (Trailing)

ACTG Profitability

Operating Margin

59.46%

EBT Margin

51.74%

Return on Equity

11.37%

Return on Assets

10.58%

Free Cashflow Yield

-4.6%

ACTG Fundamentals

ACTG Revenue

Revenue (TTM)

130.3M

Rev. Growth (Yr)

603.54%

Rev. Growth (Qtr)

815.42%

ACTG Earnings

Earnings (TTM)

67.1M

Earnings Growth (Yr)

506.59%

Earnings Growth (Qtr)

4.5K%

Breaking Down ACTG Revenue

Last 7 days

-4.3%

Last 30 days

6.2%

Last 90 days

32.4%

Trailing 12 Months

30.7%

How does ACTG drawdown profile look like?

ACTG Financial Health

Current Ratio

20.06

ACTG Investor Care

Shares Dilution (1Y)

129.41%

Diluted EPS (TTM)

0.47

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202385.9M053.9M130.3M
2022106.0M130.7M134.7M84.6M
2021107.6M122.9M115.3M98.3M
202011.6M8.3M26.0M105.6M
2019101.4M71.4M41.3M11.2M
2018118.6M108.7M85.8M131.5M
2017136.8M111.9M83.9M65.4M
2016115.5M116.6M168.2M152.7M
2015152.5M142.8M118.6M125.0M
201466.3M93.2M114.9M130.9M
2013228.5M201.2M181.8M130.6M
2012210.2M220.9M205.3M250.7M
2011153.2M177.9M164.6M172.3M
201083.5M99.6M115.7M131.8M
200900067.3M

Tracking the Latest Insider Buys and Sells of Acacia Research Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 21, 2024
hoover kirsten
sold (taxes)
-17,311
5.18
-3,342
interim cfo
Mar 21, 2024
soncini jason w.
sold (taxes)
-31,841
5.18
-6,147
general counsel
Mar 18, 2024
soncini jason w.
sold (taxes)
-32,066
4.65
-6,896
general counsel
Mar 11, 2024
mcnulty martin d. jr.
sold (taxes)
-33,217
4.02
-8,263
interim ceo
Mar 08, 2024
hoover kirsten
sold (taxes)
-16,474
4.02
-4,098
interim cfo
Mar 08, 2024
soncini jason w.
sold (taxes)
-27,496
4.02
-6,840
general counsel
Nov 13, 2023
hoover kirsten
sold (taxes)
-12,552
3.63
-3,458
interim cfo
Jul 13, 2023
starboard value lp
acquired
15,010,100
3.65
4,112,360
-
Jul 13, 2023
starboard value lp
acquired
25,517,200
3.65
6,991,010
-
Jul 13, 2023
starboard principal co lp
acquired
15,010,100
3.65
4,112,360
-

1–10 of 50

Which funds bought or sold ACTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
SALEM INVESTMENT COUNSELORS INC
new
-
152,780
152,780
-%
Apr 05, 2024
CWM, LLC
reduced
-22.61
2,000
34,000
-%
Mar 22, 2024
PNC FINANCIAL SERVICES GROUP, INC.
unchanged
-
409
5,931
-%
Mar 11, 2024
VANGUARD GROUP INC
added
1.17
697,492
8,757,060
-%
Mar 01, 2024
GOLDMAN SACHS GROUP INC
added
207
956,286
1,371,300
-%
Feb 28, 2024
AMERICAN INTERNATIONAL GROUP, INC.
reduced
-0.4
4,827
74,068
-%
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
1.85
21,000
237,000
-%
Feb 15, 2024
Tidal Investments LLC
reduced
-3.77
67,679
2,091,100
0.05%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-30.65
-33,187
96,855
-%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
940
13,642
-%

1–10 of 46

Are Funds Buying or Selling ACTG?

Are funds buying ACTG calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ACTG
No. of Funds

Unveiling Acacia Research Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 15, 2024
starboard value lp
61.2%
61,123,595
SC 13D/A
Jul 17, 2023
starboard value lp
61.2%
61,123,595
SC 13D/A
Mar 03, 2023
starboard value lp
34.2%
2e+07
SC 13D/A
Feb 08, 2023
invesco ltd.
0.2%
87,331
SC 13G/A
Nov 08, 2022
starboard value lp
11.5%
5e+06
SC 13D
Jul 08, 2022
blackrock inc.
2.1%
944,419
SC 13G
Feb 10, 2022
renaissance technologies llc
4.11%
2,036,500
SC 13G/A
Feb 09, 2022
invesco ltd.
5.2%
2,591,409
SC 13G/A
Feb 01, 2022
blackrock inc.
6.8%
3,371,746
SC 13G/A
Jun 24, 2021
parian global management lp
0.0%
0
SC 13G/A

Recent SEC filings of Acacia Research Corp

View All Filings
Date Filed Form Type Document
Mar 25, 2024
4
Insider Trading
Mar 25, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
10-K
Annual Report
Mar 14, 2024
8-K
Current Report
Mar 14, 2024
8-K
Current Report
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Mar 11, 2024
4
Insider Trading
Feb 20, 2024
8-K
Current Report

Peers (Alternatives to Acacia Research Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
49.8B
22.1B
-2.77% 25.21%
34.61
2.26
8.21% -59.82%
22.5B
17.1B
-5.57% 95.63%
14.61
1.32
-24.77% -43.97%
21.6B
5.4B
1.95% 76.89%
28.43
4.02
8.59% 39.18%
17.8B
4.8B
0.44% 76.93%
23.22
3.68
-14.85% -16.95%
13.6B
4.2B
-3.83% 50.25%
24.9
3.24
11.44% 15.46%
MID-CAP
7.8B
3.9B
-2.48% 59.82%
20.56
2.02
-6.35% -0.40%
7.1B
1.2B
5.71% 36.96%
40.03
6.09
31.47% 76.96%
6.5B
3.5B
-1.66% 33.59%
9.88
1.86
-10.84% -25.77%
3.5B
1.7B
-0.87% 4.14%
27.62
2.14
-10.27% -35.75%
2.0B
891.3M
-14.41% -68.47%
-1.42
2.19
27.07% -89.06%
SMALL-CAP
1.2B
1.4B
-1.28% 33.77%
11.98
0.89
-1.78% 53.96%
493.5M
130.3M
6.24% 30.69%
7.36
3.79
54.06% 153.62%
475.6M
1.8B
-4.57% -1.57%
-21.82
0.26
-5.89% -65.15%
460.9M
103.0M
-7.27% -54.05%
-4.5
4.47
-24.12% -2.70%
66.9M
61.2M
1.74% 45.27%
15.98
1.09
-1.21% 27.64%

Acacia Research Corp News

Latest updates
MarketBeat • 13 hours ago
Yahoo Finance • 15 Mar 2024 • 07:00 am
InvestorPlace • 14 Mar 2024 • 07:00 am

Acacia Research Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue815.4%92,311,00010,084,00014,803,00013,121,00015,878,00042,085,00013,507,00063,262,00011,815,00017,400,0005,803,00080,239,00019,466,0002,118,0003,815,000634,0001,711,0005,460,00027,331,50049,203,00013,725,000
Cost Of Revenue144.6%24,081,0009,847,0009,958,0009,476,0009,930,0009,226,0008,756,00013,780,000---4,415,00014,556,0003,347,0002,506,0003,794,0002,186,0005,671,0006,637,00036,407,00012,833,000
Costs and Expenses33.7%34,102,00025,504,00024,127,00027,670,00027,243,00022,387,00022,015,00031,963,00014,304,00015,756,00011,479,000----------
Operating Expenses---------------------18,688,000
  S&GA Expenses-5.6%1,523,0001,613,0001,913,0002,192,0002,119,0002,294,0002,016,0001,538,000---6,387,0007,692,0005,519,0004,878,0004,328,0004,630,0003,763,0003,655,0002,754,0005,855,000
  R&D Expenses-17.4%142,000172,000216,000135,000156,000145,000190,000200,000-------------
EBITDA Margin431.0%0.61-0.18-0.10-1.271.061.572.561.970.41-0.05-0.20----------
Interest Expenses-100.0%-130,000900,000900,0001,072,0001,859,0002,601,0002,780,0002,378,0001,607,0001,157,0006,958,0002,410,000768,000-------
Income Taxes-988.8%-2,145,000-197,0002,483,000-1,812,000679,000-200,000-14,878,00023,756,00011,000510,00010,00098,00083,000-2,000-1,338,000-2,147,000-9,000314,000397,000306,000
Earnings Before Taxes2759.8%73,355,0002,565,00011,930,000-20,391,00029,075,000-47,690,000-88,144,000228,263,00089,768,00020,176,000-163,555,00080,337,00038,431,0006,146,000-12,629,000-1,513,000-7,608,000-5,748,000-4,084,000-10,970,000-32,558,000
EBT Margin205.9%0.52-0.49-0.32-1.500.901.392.361.780.23-0.20-0.36----------
Net Income4469.4%74,756,0001,636,0009,447,000-18,386,00028,090,000-61,503,000-73,266,000204,245,00089,757,00019,660,000-164,465,00080,239,00038,348,0006,148,000-11,291,000634,000-7,608,000-5,757,000-4,384,000-11,369,000-33,195,000
Net Income Margin206.3%0.51-0.48-0.49-1.480.721.222.271.520.22-0.21-0.37----------
Free Cashflow-500.1%-4,581,0001,145,000-4,432,000-23,918,0003,813,000-14,766,000-3,197,00022,580,000-1,273,000-1,919,000-6,153,000----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets19.7%634529535557483485562661799746624565511427394214218187204219224
  Current Assets14.5%555484486505428427500597731669544483458366364162173173184196201
    Cash Equivalents-1.3%34034535536428824226428930925422218020116316459.0092.0067.0063.0073.00129
  Inventory-11.7%11.0012.0014.0015.0014.0014.0012.0010.009.00------------
  Net PPE-11.0%2.003.003.003.004.004.004.004.004.00---0.00--------
  Goodwill19.2%9.008.008.008.008.008.008.008.007.007.00-----------
Liabilities72.0%44.0026.0017617919418427630035450046842921221422043.0035.0013.0022.0032.0033.00
  Current Liabilities28.9%28.0021.0078.0090.0087.0085.0013619420020417113812513812311.0012.0011.0020.0031.0031.00
Shareholder's Equity19.7%590493335356258282268345430232143124288202165162175174182187191
  Retained Earnings23.8%-239-314-316-297-306-288-316-254-181-385-475-495-330-406-444-450-439-440-432-426-422
  Additional Paid-In Capital0.1%906905739740663644646648648649650651651650651651652652652651651
Shares Outstanding0.0%10010059.0059.0043.0043.0045.0047.0049.0049.0049.0049.00---------
Minority Interest93.3%21.0011.0011.0011.0011.0025.0025.0011.0011.0012.0012.0012.0011.002.002.002.002.002.002.002.002.00
Float-------201---330---199---148--
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations-491.7%-4,5441,160-14,773-4,349-23,7383,955-14,390-3,16322,604-1,251-1,907-6,120-25,16912,692-4,932-2,211-840-65.75-66.03-1,95813,378
  Share Based Compensation1281.3%1,7411261864771,0175755701,1741,283-1934.00450419488423332322300461-8.00-489
Cashflow From Investing1358.1%7,561-6016,4352,78360,21145,70668,6169,93137,140-1,36113,912-13,94028,41321,059-31,381507-10,6914.00625*-53,5665,869
Cashflow From Financing29.6%-7,719-10,971-67377,9958,470-68,197-79,650-26,760-4,67934,84629,831-260-262-467106,9153,02333,88179*79*--
  Dividend Payments---700700700700699700667262263260262467390263-----
  Buy Backs------11,48028,52010,9884,012-----500*2,6851,314-----114

ACTG Income Statement

2023-12-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Revenues:  
Total revenues$ 125,102$ 59,223
Costs and expenses:  
Cost of revenues - intellectual property operations52,82937,388
Engineering and development expenses - industrial operations735626
Sales and marketing expenses - industrial operations6,9088,621
General and administrative expenses43,69452,680
Total costs and expenses104,16699,315
Operating income (loss)20,936(40,092)
Equity securities investments:  
Change in fair value of equity securities31,423(263,695)
(Loss) gain on sale of equity securities(10,930)125,318
Earnings on equity investment in joint venture4,16742,531
Net realized and unrealized gain (loss)24,660(95,846)
Change in fair value of the Series A and B warrants and embedded derivatives8,24113,102
Gain (loss) on foreign currency exchange53(3,324)
Interest expense on Senior Secured Notes(1,930)(6,432)
Interest income and other, net15,4665,442
Total other income (expense)46,490(87,058)
Income (loss) before income taxes67,426(127,150)
Income tax benefit1,50416,211
Net income (loss) including noncontrolling interests in subsidiaries68,930(110,939)
Net income attributable to noncontrolling interests in subsidiaries(1,870)(14,126)
Net income (loss) attributable to Acacia Research Corporation67,060(125,065)
Income (loss) per share:  
Net income (loss) attributable to common stockholders - Basic$ 55,140$ (133,035)
Weighted average number of shares outstanding - Basic75,296,02542,460,504
Basic net income (loss) per common share (in usd per share)$ 0.73$ (3.13)
Net income (loss) attributable to common stockholders - Diluted$ 53,208$ (133,035)
Weighted average number of shares outstanding - Diluted92,411,81842,460,504
Diluted net income (loss) per common share (in usd per share)$ 0.58$ (3.13)
Intellectual property operations  
Revenues:  
Total revenues$ 89,156$ 19,508
Costs and expenses:  
Cost of revenues - intellectual property operations34,16418,029
Industrial operations  
Revenues:  
Total revenues35,09839,715
Costs and expenses:  
Cost of revenues - intellectual property operations18,00919,359
Energy operations  
Revenues:  
Total revenues8480
Costs and expenses:  
Cost of revenues - intellectual property operations$ 656$ 0

ACTG Balance Sheet

2023-12-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 340,091$ 287,786
Equity securities63,06861,608
Equity securities without readily determinable fair value5,8165,816
Equity method investments30,93430,934
Accounts receivable, net80,5558,231
Inventories10,92114,222
Prepaid expenses and other current assets23,12719,388
Total current assets554,512427,985
Property, plant and equipment, net2,3563,537
Oil and natural gas properties, net25,1170
Goodwill8,9907,541
Other intangible assets, net33,55636,658
Operating lease, right-of-use assets1,8722,005
Deferred income tax assets, net2,9150
Other non-current assets4,2275,202
Total assets633,545482,928
Current liabilities:  
Accounts payable3,2616,036
Accrued expenses and other current liabilities8,40514,058
Accrued compensation4,2074,737
Royalties and contingent legal fees payable10,786699
Accrued patent costs4,0009,000
Deferred revenue9771,229
Senior secured notes payable060,450
Total current liabilities27,63687,209
Deferred revenue, net of current portion458568
Series A embedded derivative liabilities016,835
Series B warrant liabilities084,780
Long-term lease liabilities1,7361,873
Deferred income tax liabilities, net0742
Revolving credit facility10,5250
Other long-term liabilities3,5811,675
Total liabilities43,936193,682
Commitments and contingencies
Series A redeemable convertible preferred stock, par value $0.001 per share; stated value $100 per share; zero and 350,000 shares authorized, issued and outstanding as of December 31, 2023 and 2022, respectively; aggregate liquidation preference of zero and $35,000 as of December 31, 2023 and 2022, respectively019,924
Stockholders' equity:  
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding00
Common stock, par value $0.001 per share; 300,000,000 shares authorized; 99,895,473 and 43,484,867 shares issued and outstanding as of December 31, 2023 and 2022, respectively10043
Treasury stock, at cost, 16,183,703 shares as of December 31, 2023 and 2022(98,258)(98,258)
Additional paid-in capital906,153663,284
Accumulated deficit(239,729)(306,789)
Total Acacia Research Corporation stockholders' equity568,266258,280
Noncontrolling interests21,34311,042
Total stockholders' equity589,609269,322
Total liabilities, redeemable convertible preferred stock, and stockholders' equity$ 633,545$ 482,928
Treasury Stock, Common, Shares16,183,703 
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 also owns, manufactures, and distributes printers and parts, and consumable products through dealers and distributors for various industrial printing applications. In addition, the company offers supply-chain printing solutions for manufacturing, transportation and logistics, retail distribution, food and beverage distribution, and pharmaceutical distribution industries; and line matrix printers for mission critical applications within labeling and inventory management, build sheets, invoicing, manifests and bills of lading, and reporting industries. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York.
 CEO
 WEBSITEacaciaresearch.com
 INDUSTRYCommunication Equipment
 EMPLOYEES263

Acacia Research Corp Frequently Asked Questions


What is the ticker symbol for Acacia Research Corp? What does ACTG stand for in stocks?

ACTG is the stock ticker symbol of Acacia Research Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Acacia Research Corp (ACTG)?

As of Mon Apr 15 2024, market cap of Acacia Research Corp is 493.48 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ACTG stock?

You can check ACTG's fair value in chart for subscribers.

What is the fair value of ACTG stock?

You can check ACTG's fair value in chart for subscribers. The fair value of Acacia Research Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Acacia Research Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ACTG so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Acacia Research Corp a good stock to buy?

The fair value guage provides a quick view whether ACTG is over valued or under valued. Whether Acacia Research Corp is cheap or expensive depends on the assumptions which impact Acacia Research Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ACTG.

What is Acacia Research Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon Apr 15 2024, ACTG's PE ratio (Price to Earnings) is 7.36 and Price to Sales (PS) ratio is 3.79. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ACTG PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Acacia Research Corp's stock?

In the past 10 years, Acacia Research Corp has provided -0.11 (multiply by 100 for percentage) rate of return.