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ACTG

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

5.16USD+0.08 (+1.57%)Market Closed

Market Summary

ACTG
USD5.16+0.08
Market Closed
1.57%

ACTG Alerts

  • Big jump in Revenue (Y/Y)
  • Big fall in earnings (Y/Y)
  • Losses in recent quarter

ACTG Stock Price

View Fullscreen

ACTG RSI Chart

ACTG Valuation

Market Cap

516.1M

Price/Earnings (Trailing)

8.99

Price/Sales (Trailing)

3.65

EV/EBITDA

1.16

Price/Free Cashflow

14.22

ACTG Price/Sales (Trailing)

ACTG Profitability

Operating Margin

60.97%

EBT Margin

38.30%

Return on Equity

9.74%

Return on Assets

9.09%

Free Cashflow Yield

7.03%

ACTG Fundamentals

ACTG Revenue

Revenue (TTM)

141.5M

Rev. Growth (Yr)

64.29%

Rev. Growth (Qtr)

-73.65%

ACTG Earnings

Earnings (TTM)

57.4M

Earnings Growth (Yr)

-101.97%

Earnings Growth (Qtr)

-100.25%

Breaking Down ACTG Revenue

Last 7 days

0.2%

Last 30 days

2.8%

Last 90 days

23.4%

Trailing 12 Months

30.6%

How does ACTG drawdown profile look like?

ACTG Financial Health

Current Ratio

21.4

ACTG Investor Care

Shares Dilution (1Y)

70.83%

Diluted EPS (TTM)

0.54

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024141.5M000
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
May 10, 2024
Capital Wealth Alliance, LLC
reduced
-0.58
171,686
659,742
0.39%
May 10, 2024
OSAIC HOLDINGS, INC.
reduced
-8.01
97,671
487,162
-%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
added
12.4
2,834,570
8,200,400
-%
May 10, 2024
Acuitas Investments, LLC
added
12.65
916,310
2,639,510
1.33%
May 10, 2024
BlackRock Inc.
reduced
-1.56
3,294,110
13,027,400
-%
May 10, 2024
VANGUARD GROUP INC
added
0.61
3,222,840
11,979,900
-%
May 10, 2024
JPMORGAN CHASE & CO
added
94.98
177,390
284,830
-%
May 10, 2024
GROUP ONE TRADING, L.P.
reduced
-33.64
-2,619
24,182
-%
May 10, 2024
CITIGROUP INC
added
27.98
16,372
38,493
-%
May 10, 2024
WELLS FARGO & COMPANY/MN
added
14.75
25,702
71,580
-%

1–10 of 42

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
May 10, 2024
10-Q
Quarterly Report
May 09, 2024
8-K
Current Report
Apr 19, 2024
DEF 14A
DEF 14A
Apr 17, 2024
8-K
Current Report
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

Peers (Alternatives to Acacia Research Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
57.9B
23.0B
13.14% 51.67%
43.18
2.52
9.35% -48.07%
21.6B
5.5B
0.11% 47.04%
29.75
3.94
8.06% 32.52%
20.4B
17.1B
-11.70% 44.48%
13.94
1.19
-18.27% -40.02%
19.7B
4.9B
11.10% 98.04%
23
4.03
-3.54% 3.11%
13.2B
-
-2.87% 37.68%
24.12
3.13
6.67% 16.79%
MID-CAP
8.1B
3.9B
1.63% 66.40%
21.35
2.09
-6.35% -0.40%
6.2B
1.2B
-14.21% 19.59%
34.52
5.33
19.83% 50.95%
5.7B
3.4B
-9.12% 25.58%
9.18
1.68
-11.52% -24.82%
3.8B
1.6B
5.77% 19.54%
29.8
2.45
-16.80% -35.75%
2.1B
801.3M
-0.35% -61.50%
-1.47
2.67
3.94% -88.36%
SMALL-CAP
1.5B
1.4B
15.86% 70.62%
14.67
1.03
-1.65% -4.32%
516.1M
141.5M
2.79% 30.63%
8.99
3.65
64.77% 235.59%
490.6M
1.8B
1.99% -1.54%
-20.11
0.27
-6.26% -71.83%
320.8M
103.0M
-35.45% -68.16%
-3.51
3.11
-24.12% 24.29%
56.6M
60.9M
-18.79% 25.39%
13.43
0.93
4.81% 82.22%

Acacia Research Corp News

Latest updates
Yahoo Finance UK • 17 hours ago
MarketBeat • 11 May 2024 • 02:21 am
MarketBeat • 10 May 2024 • 11:07 pm
InvestorPlace • 10 May 2024 • 06:09 am
wallstreet:online • 09 May 2024 • 08:06 pm
Defense World • 08 May 2024 • 08:07 am
Quartz • 2 months ago

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/Q2024Q12023Q42023Q32023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-73.7%24,320,00092,311,00010,084,00014,803,00013,121,00015,878,00042,085,00013,507,00063,262,00011,815,00017,400,0005,803,00080,239,00019,466,0002,118,0003,815,000634,0001,711,0005,460,00027,331,50049,203,000
Cost Of Revenue-48.7%12,365,00024,081,0009,847,0009,958,0009,476,0009,930,0009,226,0008,756,00013,780,000---4,415,00014,556,0003,347,0002,506,0003,794,0002,186,0005,671,0006,637,00036,407,000
Costs and Expenses-22.6%26,407,00034,102,00025,504,00024,127,00027,670,00027,243,00022,387,00022,015,00031,963,00014,304,00015,756,00011,479,000---------
  S&GA Expenses2.1%1,555,0001,523,0001,613,0001,913,0002,192,0002,119,0002,294,0002,016,0001,538,000---6,387,0007,692,0005,519,0004,878,0004,328,0004,630,0003,763,0003,655,0002,754,000
  R&D Expenses-5.6%134,000142,000172,000216,000135,000156,000145,000190,000200,000------------
EBITDA Margin-22.9%0.470.61-0.18-0.10-1.271.061.572.561.970.41-0.05----------
Interest Expenses---130,000900,000900,0001,072,0001,859,0002,601,0002,780,0002,378,0001,607,0001,157,0006,958,0002,410,000768,000------
Income Taxes48.3%-1,109,000-2,145,000-197,0002,483,000-1,812,000679,000-200,000-14,878,00023,756,00011,000510,00010,00098,00083,000-2,000-1,338,000-2,147,000-9,000314,000397,000
Earnings Before Taxes-101.8%-1,298,00073,355,0002,565,00011,930,000-20,391,00029,075,000-47,690,000-88,144,000228,263,00089,768,00020,176,000-163,555,00080,337,00038,431,0006,146,000-12,629,000-1,513,000-7,608,000-5,748,000-4,084,000-10,970,000
EBT Margin-26.0%0.380.52-0.49-0.32-1.500.901.392.361.780.23-0.20----------
Net Income-100.2%-186,00074,756,0001,636,0009,447,000-18,386,00028,090,000-61,503,000-73,266,000204,245,00089,757,00019,660,000-164,465,00080,239,00038,348,0006,148,000-11,291,000634,000-7,608,000-5,757,000-4,384,000-11,369,000
Net Income Margin-21.1%0.410.51-0.48-0.49-1.480.721.222.271.520.22-0.21----------
Free Cashflow1291.2%54,569,000-4,581,0001,145,000-4,432,000-23,918,0003,813,000-14,766,000-3,197,00022,580,000-1,273,000-1,919,000----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%632634529535557483485562661799746624565511427394214218187204219
  Current Assets-0.2%553555484486505428427500597731669544483458366364162173173184196
    Cash Equivalents29.0%43934034535536428824226428930925422218020116316459.0092.0067.0063.0073.00
  Inventory-9.5%10.0011.0012.0014.0015.0014.0014.0012.0010.009.00-----------
  Net PPE-11.3%2.002.003.003.003.004.004.004.004.004.00---0.00-------
  Goodwill0%9.009.008.008.008.008.008.008.008.007.001.00----------
Liabilities-4.1%42.0044.0026.0017617919418427630035450046842921221422043.0035.0013.0022.0032.00
  Current Liabilities-6.5%26.0028.0021.0078.0090.0087.0085.0013619420020417113812513812311.0012.0011.0020.0031.00
Shareholder's Equity3.8%590568493335356258282268345430232143124288202165162175174182187
  Retained Earnings-0.1%-239-239-314-316-297-306-288-316-254-181-385-475-495-330-406-444-450-439-440-432-426
  Additional Paid-In Capital0.0%906906905739740663644646648648649650651651650651651652652652651
Shares Outstanding0.1%10010010059.0059.0043.0043.0044.0047.0049.0049.0049.00---------
Minority Interest0.0%21.0021.0011.0011.0011.0011.0025.0025.0011.0011.0012.0012.0012.0011.002.002.002.002.002.002.002.00
Float----156---201---330---199---148-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations1306.8%54,839-4,5441,160-14,773-4,349-23,7383,955-14,390-3,16322,604-1,251-1,907-6,120-25,16912,692-4,932-2,211-840-65.75-66.03-1,958
  Share Based Compensation-50.7%8581,7411261864771,0175755701,1741,209-193152450419488423332322300461-8.00
Cashflow From Investing456.0%42,0407,561-6016,4352,78360,21145,70668,6169,93137,140-1,36113,912-13,94028,41321,059-31,381507-10,6914.00625*-53,566
Cashflow From Financing123.7%1,826-7,719-10,971-67377,9958,470-68,197-79,650-26,760-4,67934,84629,831-260-262-467106,9153,02333,88179*79*-
  Dividend Payments----700700700700699700667262263260262467390263----
  Buy Backs-------11,48028,52010,9884,012-----500*2,6851,314----
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ACTG Income Statement

2024-03-31
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:  
Total revenues$ 24,320$ 14,803
Costs and expenses:  
Cost of revenues - intellectual property operations12,3659,958
Engineering and development expenses - industrial operations134216
Sales and marketing expenses - industrial operations1,5551,913
General and administrative expenses12,35312,040
Total costs and expenses26,40724,127
Operating loss(2,087)(9,324)
Equity securities investments:  
Change in fair value of equity securities(26,701)3,343
Gain (loss) on sale of equity securities28,861(1,361)
Net realized and unrealized gain2,1601,982
Legal liability fee(6,243)0
Change in fair value of the Series B warrants and embedded derivatives016,651
(Loss) gain on foreign currency exchange(18)80
Interest expense on Senior Secured Notes0(900)
Interest income and other, net4,8903,441
Total other income78921,254
(Loss) income before income taxes(1,298)11,930
Income tax benefit (expense)1,109(2,483)
Net (loss) income including noncontrolling interests in subsidiaries(189)9,447
Net loss attributable to noncontrolling interests in subsidiaries30
Net (loss) income attributable to Acacia Research Corporation(186)9,447
(Loss) income per share:  
Net (loss) income attributable to common stockholders - Basic$ (186)$ 5,958
Weighted average number of shares outstanding - Basic99,745,90547,971,931
Basic net income (loss) per common share (in usd per share)$ 0$ 0.12
Net loss attributable to common stockholders - Diluted$ (186)$ (6,496)
Weighted average number of shares outstanding - Diluted99,745,90589,067,821
Diluted net income (loss) per common share (in usd per share)$ 0$ (0.07)
Intellectual property operations  
Revenues:  
Total revenues$ 13,623$ 4,176
Costs and expenses:  
Cost of revenues - intellectual property operations7,0014,738
Industrial operations  
Revenues:  
Total revenues8,84110,627
Costs and expenses:  
Cost of revenues - intellectual property operations4,0495,220
Energy operations  
Revenues:  
Total revenues1,8560
Costs and expenses:  
Cost of revenues - intellectual property operations$ 1,315$ 0

ACTG Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current assets:  
Cash and cash equivalents$ 438,762$ 340,091
Equity securities22,91863,068
Equity securities without readily determinable fair value5,8165,816
Equity method investments30,93430,934
Accounts receivable, net15,37280,555
Inventories9,88010,921
Prepaid expenses and other current assets29,46523,127
Total current assets553,147554,512
Property, plant and equipment, net2,0902,356
Oil and natural gas properties, net24,95225,117
Goodwill8,9908,990
Other intangible assets, net29,69033,556
Operating lease, right-of-use assets1,7171,872
Deferred income tax assets, net6,5672,915
Other non-current assets4,5724,227
Total assets631,725633,545
Current liabilities:  
Accounts payable4,7023,261
Accrued expenses and other current liabilities3,9908,405
Accrued compensation4,6244,207
Royalties and contingent legal fees payable3,01110,786
Deferred revenue1,069977
Accrued loss contingency8,4500
Total current liabilities25,84627,636
Deferred revenue, net of current portion356458
Long-term lease liabilities1,4771,736
Revolving credit facility13,02510,525
Other long-term liabilities1,4173,581
Total liabilities42,12143,936
Commitments and contingencies
Stockholders' equity:  
Preferred stock, par value $0.001 per share; 10,000,000 shares authorized; no shares issued or outstanding00
Common stock, par value $0.001 per share; 300,000,000 shares authorized; 100,021,951 and 99,895,473 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively100100
Treasury stock, at cost, 16,183,703 shares as of March 31, 2024 and December 31, 2023(98,258)(98,258)
Additional paid-in capital906,337906,153
Accumulated deficit(239,915)(239,729)
Total Acacia Research Corporation stockholders' equity568,264568,266
Noncontrolling interests21,34021,343
Total stockholders' equity589,604589,609
Total liabilities and stockholders' equity$ 631,725$ 633,545
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 May 13 2024, market cap of Acacia Research Corp is 516.11 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 May 13 2024, ACTG's PE ratio (Price to Earnings) is 8.99 and Price to Sales (PS) ratio is 3.65. 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 -0.096 (multiply by 100 for percentage) rate of return.