On November 25, 2024, Isaac Kohlberg, a Director at Acacia Research Corp (ACTG, Financial), sold 15,000 shares of the company, according to a SEC Filing. Following this transaction, the insider now owns 69,274 shares of the company.
Acacia Research Corp (ACTG) is a company that acquires and manages patent portfolios, which it licenses to corporate users. The company is involved in the patent acquisition and monetization business, providing a platform for patent owners and inventors to realize value from their intellectual property.
The insider transaction history for Acacia Research Corp shows that there have been two insider buys and one insider sell over the past year. Over the same period, Isaac Kohlberg has sold a total of 15,000 shares and purchased zero shares.
On the day of the recent sale, shares of Acacia Research Corp were trading at $4.57, giving the stock a market cap of $438.155 million. The company's price-earnings ratio is 8.52, which is lower than the industry median of 25.025 and also lower than the company’s historical median price-earnings ratio.
With a price of $4.57 and a GF Value of $4.63, Acacia Research Corp has a price-to-GF-Value ratio of 0.99, indicating that the stock is fairly valued based on its GF Value.
The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow that the stock has traded at. It also includes a GuruFocus adjustment factor based on the company’s past returns and growth, as well as future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
