Acacia Research Corporation (ACTG) insider have most recently took part in a trading activity. On Aug 29, 2017 Graziadio G Louis Iii, Director bought 19,000 shares having total worth of $63,650 at the price of $3.35 per share, following the transaction a total of 920,851 shares owned by Graziadio G Louis Iii. Before this latest buy, Graziadio G Louis Iii purchased ACTG at 8 other times during the past twelve months, for a total investment of $10.81M at an average of $4.2 per share.
The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 10 times by insiders. an employee of the company was the buyer in 10 instances.
|Time Frame||Number of Insider Buy||Number of Insider Sell||Stock Price Change(%)|
Shares of Acacia Research Corporation (ACTG) traded down 1.47% on Aug 30, 2017, hitting $3.35. 235,441 shares of the company’s stock traded hands. Acacia Research Corporation has a 52 week low of $2.9 and a 52 week high of $7.55. The company’s market cap is $321 million.
Acacia Research Corporation (ACTG) last announced its earnings results on Jul 27, 2017. The company reported -0.14 earnings per share (EPS) for the quarter, lower than the consensus estimate of 0.08 by $0.22. The company had revenue of $16 million for the quarter, compared to the consensus estimate of $20 million. During the same quarter in the previous year, the company posted 0.23 earnings per share. The company’s revenue for the quarter was down 60% on a year-over-year basis.
|earnings per share||-0.14||-0.08||0.02||0.31||0.23||0.05||0.09||-0.23||0.25||0.06|
Acacia Research Corporation was originally incorporated in California in January 1993 and reincorporated in Delaware in December 1999. The Company through its operating subsidiaries acquires, develops, licenses and enforces patented technologies. The Company’s operating subsidiaries generate license fee revenues and related cash flows from the granting of licenses for the use of patented technologies that its operating subsidiaries own or control. The operating subsidiaries assist patent owners with the prosecution and development of their patent portfolios, the protection of their patented inventions from unauthorized use, the generation of licensing revenue from users of their patented technologies and, if necessary, with the enforcement against unauthorized users of their patented technologies. The Company is in the business of licensing patented technologies and has processed over 1,225 license agreements execution to date, across 143 of its technology license programs. Currently, on a consolidated basis, the company’s operating subsidiaries own or control the rights to over 250 patent portfolios, which include U.S. patents and certain foreign counterparts, covering technologies used in a variety of industries.
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