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ACTG

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

4.01USD-0.01 (-0.25%)Market Closed
Watchlist

Market Summary

USD4.01-0.01
Market Closed
-0.25%

ACTG Stock Price

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ACTG RSI Chart

ACTG Valuation

Market Cap

400.5M

Price/Earnings (Trailing)

-15.36

Price/Sales (Trailing)

4.86

EV/EBITDA

-5.6

Price/Free Cashflow

-9.53

ACTG Price/Sales (Trailing)

ACTG Profitability

Operating Margin

55.50%

EBT Margin

-30.64%

Return on Equity

-5.3%

Return on Assets

-4.93%

Free Cashflow Yield

-10.49%

ACTG Fundamentals

ACTG Revenue

Revenue (TTM)

85.9M

Rev. Growth (Yr)

-36.49%

Rev. Growth (Qtr)

-18.96%

ACTG Earnings

Earnings (TTM)

-26.1M

Earnings Growth (Yr)

-94.18%

Earnings Growth (Qtr)

108.71%

Breaking Down ACTG Revenue

Last 7 days

-3.9%

Last 30 days

11.7%

Last 90 days

12.0%

Trailing 12 Months

-1.6%

How does ACTG drawdown profile look like?

ACTG Financial Health

Current Ratio

22.6

ACTG Investor Care

Shares Dilution (1Y)

129.41%

Diluted EPS (TTM)

-0.76

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202385.9M000
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
Nov 13, 2023
hoover kirsten
sold (taxes)
-12,552
3.63
-3,458
interim cfo
Jul 13, 2023
starboard principal co lp
acquired
25,517,200
3.65
6,991,010
-
Jul 13, 2023
starboard value lp
acquired
8,255,560
3.65
2,261,800
-
Jul 13, 2023
starboard principal co lp
acquired
81,156,800
3.65
22,234,700
-
Jul 13, 2023
starboard value lp
acquired
25,517,200
3.65
6,991,010
-
Jul 13, 2023
starboard principal co lp
acquired
8,705,870
3.65
2,385,170
-
Jul 13, 2023
starboard principal co lp
acquired
15,010,100
3.65
4,112,360
-
Jul 13, 2023
starboard principal co lp
acquired
11,455,600
3.65
3,138,510
-
Jul 13, 2023
starboard value lp
acquired
81,156,800
3.65
22,234,700
-
Jul 13, 2023
starboard value lp
acquired
11,455,600
3.65
3,138,510
-

1–10 of 50

Which funds bought or sold ACTG recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Feb 16, 2024
PRICE T ROWE ASSOCIATES INC /MD/
added
1.85
21,000
237,000
-%
Feb 15, 2024
Legal & General Group Plc
unchanged
-
940
13,642
-%
Feb 15, 2024
BARCLAYS PLC
added
501
174,000
206,000
-%
Feb 15, 2024
JANE STREET GROUP, LLC
reduced
-30.65
-33,187
96,855
-%
Feb 15, 2024
Tidal Investments LLC
reduced
-3.77
67,679
2,091,100
0.05%
Feb 14, 2024
Ancora Advisors LLC
reduced
-0.3
33,651
509,216
0.01%
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
reduced
-25.33
-498,051
2,015,890
0.04%
Feb 14, 2024
Ameritas Investment Partners, Inc.
unchanged
-
848
12,305
-%

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
Feb 20, 2024
8-K
Current Report
Feb 15, 2024
SC 13D/A
13D - Major Acquisition
Feb 15, 2024
8-K
Current Report
Feb 15, 2024
3
Insider Trading
Feb 14, 2024
8-K
Current Report
Jan 22, 2024
8-K
Current Report

What is the Fair Value of ACTG?

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Disclaimer: Conduct thorough research and seek guidance from a certified financial advisor prior to finalizing any investment choices.

Peers (Alternatives to Acacia Research Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
48.4B
22.1B
-3.81% 20.46%
37.82
2.19
8.21% -64.84%
22.4B
17.1B
9.80% 128.82%
14.54
1.31
-24.77% -43.97%
19.6B
5.4B
9.54% 47.80%
25.74
3.64
8.59% 39.18%
16.9B
4.8B
13.18% 33.75%
21.98
3.48
-29.11% -16.95%
14.2B
-
17.63% 45.00%
28.56
4.64
14.30% 13.79%
MID-CAP
7.5B
3.9B
6.95% 27.57%
20.09
1.92
-4.63% 0.11%
6.7B
1.1B
19.03% 68.10%
39.62
6.01
44.91% 150.46%
5.4B
3.5B
-4.19% 1.17%
8.22
1.55
-10.84% -25.77%
3.7B
1.7B
1.20% 10.57%
29.03
2.25
-10.27% -35.75%
1.9B
889.9M
15.12% -74.22%
-2
2.13
38.49% -36.97%
SMALL-CAP
1.2B
1.4B
3.40% 17.39%
11.61
0.86
-1.78% 53.96%
609.4M
1.8B
4.84% 4.17%
10.81
0.33
-8.66% 162.33%
533.1M
123.4M
14.05% -59.77%
-6.49
4.32
-5.43% 42.45%
400.5M
85.9M
11.73% -1.64%
-15.36
4.86
-18.96% -126.73%
62.2M
58.2M
2.29% 26.06%
16.85
1.07
-7.56% 11.27%

Acacia Research Corp News

Latest updates
Insider Monkey45 hours ago
InvestorsObserver08 Feb 202408:00 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/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue-19.0%10,084,00012,443,50014,803,00013,121,00015,878,00042,085,00013,507,00063,262,00011,815,00017,400,0005,803,00080,239,00019,466,0002,118,0003,815,000634,0001,711,0005,460,00027,331,50049,203,00013,725,000
Cost Of Revenue10.1%9,847,0008,943,0009,958,0009,476,0009,930,0009,226,0008,756,000----4,415,00014,556,0003,347,0002,506,0003,794,0002,186,0005,671,0006,637,00036,407,00012,833,000
Costs and Expenses24.8%25,504,00020,433,00024,127,00027,670,00027,243,00022,387,00022,015,00031,963,00014,304,00015,756,00011,479,000----------
Operating Expenses---------------------18,688,000
  S&GA Expenses-13.2%1,613,0001,859,0001,913,0002,192,0002,119,0002,294,0002,016,0001,538,000---6,387,0007,692,0005,519,0004,878,0004,328,0004,630,0003,763,0003,655,0002,754,0005,855,000
  R&D Expenses-16.1%172,000205,000216,000135,000156,000145,000190,000200,000-------------
EBITDA Margin-157.0%-0.120.20-0.10-1.271.061.572.561.970.41-0.05-0.201.20---------
Interest Expenses-85.6%130,000900,000900,000900,0001,072,0001,859,0002,601,0002,780,0002,378,0001,607,0001,157,0006,958,0002,410,000768,000-------
Income Taxes88.0%-197,000-1,645,0002,483,000-1,812,000679,000-200,000-14,878,00023,756,00011,000510,00010,00098,00083,000-2,000-1,338,000-2,147,000-9,000314,000397,000306,000
Earnings Before Taxes112.6%2,565,000-20,424,00011,930,000-20,391,00029,075,000-47,690,000-88,144,000228,263,00089,768,00020,176,000-163,555,00080,337,00038,431,0006,146,000-12,629,000-1,513,000-7,608,000-5,748,000-4,084,000-10,970,000-32,558,000
EBT Margin-13953.9%-0.310.00-0.32-1.500.901.392.361.780.23-0.20-0.361.06---------
Net Income108.7%1,636,000-18,779,0009,447,000-18,386,00028,090,000-61,503,000-73,266,000204,245,00089,757,00019,660,000-164,465,00080,239,00038,348,0006,148,000-11,291,000634,000-7,608,000-5,757,000-4,384,000-11,369,000-33,195,000
Net Income Margin-7111.7%-0.300.00-0.49-1.480.721.222.271.520.22-0.21-0.371.07---------
Free Cashflow107.7%1,145,000-14,827,000-4,432,000-23,918,0003,813,000-14,766,000-3,197,00022,580,000-1,273,000-1,919,000-6,153,000-25,191,000---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets-1.0%529535557483485562661799746624565511427394214218187204219224220
  Current Assets-0.3%484486505428427500597731669544483458366364162173173184196201157
    Cash Equivalents-2.9%34535536428824226428930925422218020116316459.0092.0067.0063.0073.00129110
  Inventory-11.6%12.0014.0015.0014.0014.0012.0010.009.00-------------
  Net PPE-10.3%3.003.003.004.004.004.004.004.00---0.00---------
  Goodwill0%8.008.008.008.008.008.008.007.008.00------------
Liabilities-85.5%26.0017617919418427630035450046842921221422043.0035.0013.0022.0032.0033.0018.00
  Current Liabilities-72.5%21.0078.0090.0087.0085.0013619420020417113812513812311.0012.0011.0020.0031.0031.0016.00
Shareholder's Equity46.8%493335356258282268345430232143124288202165162175174182187191202
  Retained Earnings0.5%-314-316-297-306-288-316-254-181-385-475-495-330-406-444-450-439-440-432-426-422-411
  Additional Paid-In Capital22.5%905739740663644646648648649650651651650651651652652652651651651
Shares Outstanding70.0%10059.0059.0043.0043.0045.0047.0049.0049.0049.0049.0049.00---------
Minority Interest0%11.0011.0011.0011.0025.0025.0011.0011.0012.0012.0012.0011.002.002.002.002.002.002.002.002.002.00
Float------201---330---199---148---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations107.9%1,160-14,773-4,349-23,7383,955-14,390-3,16322,604-1,251-1,907-6,120-25,16912,692-4,932-2,211-840-65.75-66.03-1,95813,378-2,132
  Share Based Compensation29.6%7355674771,0175755701,1741,209-193152450419488423332322300461-8.00-489-10.00
Cashflow From Investing-109.3%-6016,4352,78360,21145,70668,6169,93137,140-1,36113,912-13,94028,41321,059-31,381507-10,6914.00625*-53,5665,86911,560
Cashflow From Financing-1530.2%-10,971-67377,9958,470-68,197-79,650-26,760-4,67934,84629,831-260-262-467106,9153,02333,88179*79*---16.00
  Dividend Payments-100.0%-700700700700699700667262263260262467390263------
  Buy Backs-----11,48028,52010,9884,012-----500*2,6851,314-----114222

ACTG Income Statement

2023-09-30
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues:    
Total revenues$ 10,084$ 15,878$ 32,791$ 46,102
Costs and expenses:    
Cost of revenues - intellectual property operations9,8479,93028,74827,912
Engineering and development expenses - industrial operations172156593491
Sales and marketing expenses - industrial operations1,6132,1195,3856,429
General and administrative expenses13,87215,03835,33836,813
Total costs and expenses25,50427,24370,06471,645
Operating loss(15,420)(11,365)(37,273)(25,543)
Equity securities investments:    
Change in fair value of equity securities8,823(36,352)18,783(266,202)
(Loss) gain on sale of equity securities036,060(9,360)114,434
Earnings on equity investment in joint venture3,3758503,37542,935
Net realized and unrealized gain (loss)12,19855812,798(108,833)
Change in fair value of the Series A and B warrants and embedded derivatives1,52541,6388,24134,590
(Loss) gain on foreign currency exchange(70)(1,905)25(4,532)
Interest expense on Senior Secured Notes(130)(1,072)(1,930)(5,532)
Interest income and other, net4,4621,22112,2103,091
Total other income (expense)17,98540,44031,344(81,216)
Income (loss) before income taxes2,56529,075(5,929)(106,759)
Income tax benefit (expense)197(679)(641)14,399
Net income (loss) including noncontrolling interests in subsidiaries2,76228,396(6,570)(92,360)
Net income attributable to noncontrolling interests in subsidiaries(1,126)(306)(1,126)(14,319)
Net income (loss) attributable to Acacia Research Corporation1,63628,090(7,696)(106,679)
(Loss) income per share:    
Net (loss) income attributable to common stockholders - Basic$ (1,740)$ 20,587$ (15,703)$ (112,507)
Weighted average number of shares outstanding - Basic94,328,45238,052,42667,072,83542,830,700
Basic net income (loss) per common share (in usd per share)$ (0.02)$ 0.54$ (0.23)$ (2.63)
Net (loss) income attributable to common stockholders - Diluted$ (3,163)$ 1,531$ (15,703)$ (112,507)
Weighted average number of shares outstanding - Diluted99,122,97371,164,23667,072,83542,830,700
Diluted net income (loss) per common share (in usd per share)$ (0.03)$ 0.02$ (0.23)$ (2.63)
Intellectual property operations    
Revenues:    
Total revenues$ 1,760$ 6,320$ 6,330$ 16,997
Costs and expenses:    
Cost of revenues - intellectual property operations5,4705,28215,21814,480
Industrial operations    
Revenues:    
Total revenues8,3249,55826,46129,105
Costs and expenses:    
Cost of revenues - intellectual property operations$ 4,377$ 4,648$ 13,530$ 13,432

ACTG Balance Sheet

2023-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 344,733$ 287,786
Equity securities64,51161,608
Equity securities without readily determinable fair value5,8165,816
Equity method investments30,93430,934
Accounts receivable, net5,8968,231
Inventories12,37514,222
Prepaid expenses and other current assets20,18219,388
Total current assets484,447427,985
Property, plant and equipment, net2,6473,537
Goodwill7,5417,541
Other intangible assets, net27,55736,658
Leased right-of-use assets1,4882,005
Deferred income tax assets, net3210
Other non-current assets5,1465,202
Total assets529,147482,928
Current liabilities:  
Accounts payable8,5306,036
Accrued expenses and other current liabilities5,25614,058
Accrued compensation5,2024,737
Royalties and contingent legal fees payable1,296699
Accrued patent costs09,000
Deferred revenue1,1491,229
Senior secured notes payable060,450
Total current liabilities21,43387,209
Deferred revenue, net of current portion497568
Series A embedded derivative liabilities016,835
Series B warrant liabilities084,780
Long-term lease liabilities1,5351,873
Deferred income tax liabilities, net0742
Other long-term liabilities2,0841,675
Total liabilities25,549193,682
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 September 30, 2023 and December 31, 2022, respectively; aggregate liquidation preference of zero and $35,000 as of September 30, 2023 and December 31, 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 $0.001 per share; 300,000,000 shares authorized; 99,886,322 and 43,484,867 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively9943
Treasury stock, at cost, 16,183,703 shares as of September 30, 2023 and December 31, 2022(98,258)(98,258)
Additional paid-in capital905,200663,284
Accumulated deficit(314,485)(306,789)
Total Acacia Research Corporation stockholders' equity492,556258,280
Noncontrolling interests11,04211,042
Total stockholders' equity503,598269,322
Total liabilities, redeemable convertible preferred stock, and stockholders' equity$ 529,147$ 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
 WEBSITEwww.acaciaresearch.com
 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 Thu Feb 22 2024, market cap of Acacia Research Corp is 400.54 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 Thu Feb 22 2024, ACTG's PE ratio (Price to Earnings) is -15.36 and Price to Sales (PS) ratio is 4.86. 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.