Acacia ResearchACTG
Market Cap: 542M
About: Acacia Research Corp focuses on acquiring and managing companies across various industries, including industrial, energy, technology, and healthcare. It seeks to unlock value in businesses through strategic acquisitions, restructurings, and investments. The company operates three segments: Intellectual Property Operations, Industrial Operations, and Energy Operations. The Intellectual Property segment licenses and enforces patented technologies, while the Industrial segment designs and manufactures printers and consumable products for industrial printing applications. The Energy segment engages in oil and gas exploration, development, and production. The company generates the majority of its revenue from intellectual property operations, primarily in the United States.
Employees: 170
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
163% more call options, than puts
Call options by funds: $1.03M | Put options by funds: $391K
35% more capital invested
Capital invested by funds: $339M [Q4 2023] → $459M (+$120M) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2023] → 2 (+0) [Q1 2024]
0.35% less ownership
Funds ownership: 86.63% [Q4 2023] → 86.28% (-0.35%) [Q1 2024]
3% less funds holding
Funds holding: 95 [Q4 2023] → 92 (-3) [Q1 2024]
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
41% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 41
Research analyst outlook
1 Wall Street Analyst provided 1 year price forecasts over the past 6 months
1 analyst rating
Craig-Hallum Anthony Stoss | 29%upside $7 | Buy Maintained | 15 Mar 2024 |
Financial journalist opinion
Based on 3 articles about ACTG published over the past 30 days