Acacia Research: Positive Developments, Discount To Book Value High Despite Recent Price Spike [Seeking Alpha]
Acacia Research Corporation (ACTG)
Last acacia research corporation earnings: 8/8 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
acaciaresearch.com/investor-relations
Company Research
Source: Seeking Alpha
The company completed the sale of Arix Bioscience shares and entered into substantial licensing and settlement agreements related to its WiFi-6 patent portfolio. ACTG shifted gears in implementing its new strategy. The company still trades, even after Friday's spike in its stock price, at a considerable discount to book value. I previously wrote articles about Acacia Research ( NASDAQ: ACTG ), which were published on August 23, 2023 and December 3, 2023 . ACTG released its 2023 full year results on March 14, 2024 . In the last two months the company released three important announcements. The first, that it completed the sale of the shares it held in Arix Bioscience (Arix). The second, that its wholly owned subsidiary, Atlas Global Technologies LLC (AGT), its patent licensing business, entered into licensing and settlement agreements in connection with its WiFi-6 patent portfolio, for aggregate payments of more than $81 million (but indicated that the sum received by AGT will b
Show less
Read more
Impact Snapshot
Event Time:
ACTG
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ACTG alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ACTG alerts
High impacting Acacia Research Corporation news events
Weekly update
A roundup of the hottest topics
ACTG
News
- Acacia Research to Release First Quarter 2024 Financial Results on May 9Business Wire
- Acacia Research Announces Closing of Benchmark Energy’s Transformative Acquisition in the Western Anadarko BasinBusiness Wire
- Acacia Research Co. (NASDAQ: ACTG) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Acacia Research Co. (NASDAQ: ACTG) had its price target raised by analysts at Craig Hallum from $6.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- AUR, CDLX and PTGX are among after hour movers [Seeking Alpha]Seeking Alpha
ACTG
Sec Filings
- 4/19/24 - Form DEF
- 4/17/24 - Form 8-K
- 3/25/24 - Form 4
- ACTG's page on the SEC website