ACACIA RESEARCH CORP (ACTG)


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May 13, 2024


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About the Company

Acacia Research Corporation is a publicly traded American company based in New York City. Acacia partners with patent owners such as inventors and universities to license patents that are infringed. Roughly 95% of the company's business involves licensing infringed patents on behalf of patent owners to corporations through patent litigation. Acacia was incorporated in California in 1993 and is based in New York City. The company was consisted of two divisions: Acacia Technologies and CombiMatrix Group. The former covers the development, acquisition, licensing and enforcement of patented technologies. It creates a subsidiary company that acts as a special purpose entity for each set of patents that it enforces. The patent owner assigns the infringed patents to the subsidiary and the subsidiary then licenses the patents to companies who are infringing. Acacia and the patent owner split any revenues generated from licensing the patents on a 50/50 basis. Acacia's second division, CombiMatrix, constituted its life sciences business. This division, which Acacia held from 2002 until 2007, operated as a subsidiary. Invitae acquired CombiMatrix in 2017. Since the year 2000, Acacia has generated $1.4 billion in revenue from licensing patents and has paid out more than $731 million to inventors and other patent owners. The company has formed 233 known subsidiaries and has litigated 1,412 cases, four of which were not through a subsidiary.

Exchange

Nasdaq

$134M

Total Revenue

29

Employees

$516M

Market Capitalization

37.98

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $ACTG News

Acacia Research Corporation (NASDAQ:ACTG) Q1 2024 Earnings Call Transcript

1d ago, source:

Q1 2024 Earnings Call May 11, 2024 Acacia Research Corporation isn’t one of the 30 most popular stocks among hedge funds at ...

Acacia Research Corp (NASDAQ:ACTG) Stock is trading at a margin of 2.16% From 20-Day SMA

3d ago, source: bovnews

Craig Hallum raised the price target for the Acacia Research Corp (NASDAQ:ACTG) stock to “a Buy”. The rating was released on May 22, 2020, according to finviz. We previously noted in another research ...

Acacia Research: Q1 Earnings Snapshot

5d ago, source:

NEW YORK — NEW YORK — Acacia Research Corp. (ACTG) on Thursday reported a first-quarter loss of $186,000, after reporting a profit in the same period a year earlier. The New York-based company said it ...

Acacia Research Corp (ACTG) Reports Mixed Q1 2024 Results Amid Strategic Shifts

4d ago, source:

Earnings Per Share (EPS): Reported GAAP EPS at $0.00 per share, adjusted EPS (excluding specific accruals) at $0.06, falling short of the estimated EPS of $0.07. Intellectual Property Operations: ...

Acacia Research Corp ACTG

6d ago, source: Morningstar

We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not ...

Acacia Research Corporation (ACTG) Q1 2024 Earnings Call Transcript

3d ago, source: Seeking Alpha

Good day and welcome to the Acacia Research First Quarter 2024 Financial Results Conference Call. At this time all participants are in a listen-only mode. After managements prepared remarks there ...

Acacia Research: Q1 Earnings Snapshot

5d ago, source: Times Union

NEW YORK (AP) — NEW YORK (AP) — Acacia Research Corp. (ACTG) on Thursday reported a first-quarter loss of $186,000, after reporting a profit in the same period a year earlier. The New York ...

Acacia Research Corp. - Acacia Technologies

26d ago, source: Wall Street Journal

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Acacia Research Corp

18d ago, source: U.S. News & World Report

When inflation refuses to abate, gold can be a good store of value. Here are five exchange-traded funds that track the price of gold. Here's a look at some of Charles Schwab's top performing ...

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