AdeiaADEA
About: Adeia Inc is a consumer and entertainment product/solutions licensing company. Its only operating segment being Intellectual Property Licensing (IP). In the IP segment, it primarily license innovations to leading companies in the broader entertainment industry, and those developing new technologies that will help drive this industry forward. It includes Pay-TV, Consumer Electronics, Connected Car, and Media Platform.
Employees: 140
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 66
2% more capital invested
Capital invested by funds: $1.16B [Q1] → $1.18B (+$18.2M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]
1.86% less ownership
Funds ownership: 99.01% [Q1] → 97.15% (-1.86%) [Q2]
2% less funds holding
Funds holding: 200 [Q1] → 196 (-4) [Q2]
15% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 27
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
BWS Financial Hamed Khorsand 59% 1-year accuracy 43 / 73 met price target | 28%upside $16 | Buy Maintained | 26 Sept 2024 |
BWS Financial Hamed Khorsand 59% 1-year accuracy 43 / 73 met price target | 28%upside $16 | Buy Maintained | 8 Aug 2024 |
Financial journalist opinion
Based on 3 articles about ADEA published over the past 30 days