Acacia ResearchACTG
ACTG
About: Acacia Research Corp is focused on acquiring and operating businesses across the industrial, energy, and technology sectors where it believes it can leverage its expertise, significant capital base, and deep industry relationships to drive value. Acacia evaluates opportunities based on the attractiveness of the underlying cash flows, without regard to a specific investment horizon. Acacia operates its businesses based on three key principles of people, process, and performance and has built a management team with demonstrated expertise in research, transactions and execution, and operations and management.
Employees: 170
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
33% more call options, than puts
Call options by funds: $475K | Put options by funds: $358K
0.09% more ownership
Funds ownership: 84.62% [Q3] → 84.72% (+0.09%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]
9% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 32
10% less capital invested
Capital invested by funds: $396M [Q3] → $358M (-$37.8M) [Q4]
10% less funds holding
Funds holding: 103 [Q3] → 93 (-10) [Q4]
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Research analyst outlook
We haven’t received any recent analyst ratings for ACTG.
Financial journalist opinion
Positive
Seeking Alpha
4 weeks ago
Acacia Research: Big Upside Remains, But Patience Is Key
It makes sense why investors continue to sleep on Acacia Research, but ACTG's short-term performance belies its long-term potential. A valuation analysis indicates ACTG is worth nearly 40% more than its current trading price. It may take time, but in the quarters ahead, improved earnings and/or positive developments could close the gap between fair value and trading price.
Neutral
Seeking Alpha
3 months ago
Acacia Research Corporation (ACTG) Q3 2024 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG ) Q3 2024 Earnings Conference Call November 12, 2024 8:00 AM ET Company Participants Brent Anderson - Managing Director-Gagnier Communications MJ McNulty - Chief Executive Officer Kirsten Hoover - Interim Chief Financial Officer Conference Call Participants Anthony Stoss - Craig-Hallum Brett Reiss - Janney Montgomery Scott Adam Eagleston - Formidable Asset Management Operator Good morning, ladies and gentlemen, and thank you for joining us for Acacia Research Third Quarter 2024 Earnings Conference Call. My name is Jenny, and I'll be your conference facilitator today.
Neutral
Business Wire
3 months ago
Acacia Research Reports Third Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, today reported financial results for the three and nine months ended September 30, 2024. The Company also posted its third quarter 2024 earnings presentation on its website at www.acaciaresearch.com under Events & Presentations. Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “Acacia's.
Positive
Seeking Alpha
3 months ago
Acacia Research: Stepping Up Its Pace Of Acquisitions
For quite a while before its recapitalization was completed in July 2023, Acacia did not announce engagement in any new investments. Since completion of the recapitalization, however, Acacia closed three investments: two in the oil & gas field and recently in the consumer, road safety, and air distribution spaces. In the last year, ACTG accelerated the pace at which it puts its large cash stack to work.
Positive
Seeking Alpha
3 months ago
Acacia Research: What To Make Of The Latest Acquisition Announcement
Acacia Research (ACTG), a holding company controlled by investment firm Starboard Value, continues to trade at a discount to its underlying value. However, a recent acquisition announcement could mark the start of a change in approach that helps to bridge this valuation gap, and perhaps drive the next big run-up for shares. Even if Starboard Value's game plan for ACTG stock doesn't entail turning this holding company into a growth-focused industrial conglomerate, from a risk/return standpoint shares remain worthy of a buy.
Neutral
Business Wire
3 months ago
Acacia Research to Release Third Quarter 2024 Financial Results on November 12, 2024
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (NASDAQ: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that it will release its third quarter 2024 financial results before market open on November 12, 2024. The Company will host a conference call at 8:00 a.m. ET / 5:00 a.m. PT on November 12, 2024 to discuss its results. To access the live call, please dial 877-545-0523 (U.S. and Canada) or 9.
Neutral
Business Wire
4 months ago
Acacia Research Corporation Acquires Deflecto®
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”), which acquires and operates businesses across the industrial, energy and technology sectors, announced today that is has acquired Deflecto Acquisition, Inc. (“Deflecto”) for $103.7 million (the “Transaction”). Headquartered in Indianapolis, Indiana, Deflecto is a leading specialty manufacturer of essential products serving the commercial transportation, HVAC and office markets. Under Acacia's owne.
Positive
Seeking Alpha
6 months ago
Acacia Research: Recent Oil And Gas Assets Acquisition Bearing Fruit, Discount To Book Value Still High
Book value per share is growing, but the discount to book value remains high. The cash position as of June 30, 2024, is still very strong and constitutes ~85% of the company's market cap. Recent acquisition of oil & gas assets started bearing fruit.
Neutral
Seeking Alpha
6 months ago
Acacia Research Corporation (ACTG) Q2 2024 Earnings Call Transcript
Acacia Research Corporation (NASDAQ:ACTG ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Brent Anderson – Gagnier Communications MJ McNulty – Chief Executive Officer Kirsten Hoover – Interim Chief Financial Officer Conference Call Participants Adam Eagleston – Formidable Anthony Stoss – Craig-Hallum Capital Brett Reiss – Janney Operator Good afternoon, ladies and gentlemen, and thank you for joining us for Acacia Research Second Quarter 2024 Earnings Conference Call. My name is Priala, and I'll be your conference operator today.
Neutral
Business Wire
6 months ago
Acacia Research Reports Second Quarter 2024 Financial Results
NEW YORK--(BUSINESS WIRE)--Acacia Research Corporation (Nasdaq: ACTG) (“Acacia” or the “Company”) today reported financial results for the three and six months ended June 30, 2024. The Company is also releasing a new Corporate Overview Presentation and a Q2 2024 Earnings Presentation, both of which are being posted today on its website at www.acaciares.com under Events & Presentations. Martin (“MJ”) D. McNulty, Jr., Chief Executive Officer, stated, “Acacia delivered strong financial and ope.
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