Institutional Investor’s Pro-Acacia Research Corp (NASDAQ:ACTG) Sentiment In 2019 Q1

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Sentiment for Acacia Research Corp (NASDAQ:ACTG)

Acacia Research Corp (NASDAQ:ACTG) institutional sentiment increased to 1.75 in Q1 2019. Its up 0.69, from 1.06 in 2018Q4. The ratio improved, as 42 investment managers opened new and increased positions, while 24 sold and reduced their stock positions in Acacia Research Corp. The investment managers in our partner’s database now have: 29.02 million shares, up from 28.64 million shares in 2018Q4. Also, the number of investment managers holding Acacia Research Corp in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 4 Reduced: 20 Increased: 24 New Position: 18.

Acacia Research Corporation, through its subsidiaries, invests in, develops, licenses, and enforces patented technologies in the United States. The company has market cap of $144.88 million. It assists 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 enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. It currently has negative earnings. The firm owns or controls the rights to various patent portfolios, which include the United StatesÂ’ patents and foreign counterparts covering technologies used in various industries.

The stock decreased 0.69% or $0.02 during the last trading session, reaching $2.89. About 84,668 shares traded. Acacia Research Corporation (NASDAQ:ACTG) has declined 24.59% since August 15, 2018 and is downtrending. It has underperformed by 24.59% the S&P500.

Pacific Ridge Capital Partners Llc holds 0.93% of its portfolio in Acacia Research Corporation for 1.07 million shares. Heartland Advisors Inc owns 2.60 million shares or 0.63% of their US portfolio. Moreover, Elkhorn Partners Limited Partnership has 0.16% invested in the company for 80,000 shares. The Vermont-based Hanson & Doremus Investment Management has invested 0.13% in the stock. Menta Capital Llc, a California-based fund reported 84,566 shares.

Since January 1, 0001, it had 1 insider buy, and 0 insider sales for $31,006 activity.

More notable recent Acacia Research Corporation (NASDAQ:ACTG) news were published by: Businesswire.com which released: “Acacia Research Completes Board Reconstitution, Appointing Isaac T. Kohlberg and Luis Rinaldini to Board of Directors – Business Wire” on May 09, 2019, also Businesswire.com with their article: “Acacia Research Reports Fourth Quarter and Full-Year 2018 Financial Results – Business Wire” published on March 13, 2019, Prnewswire.com published: “Sidus Investment Management and BLR Partners Issue Letter to Stockholders of Acacia Research Corporation – PR Newswire” on March 20, 2018. More interesting news about Acacia Research Corporation (NASDAQ:ACTG) were released by: Streetinsider.com and their article: “Uniloc Offers to Acquire Acacia Research (ACTG) for $189M – StreetInsider.com” published on March 14, 2016 as well as Businesswire.com‘s news article titled: “Acacia Research Announces Changes to Board of Directors – Business Wire” with publication date: July 31, 2018.

Acacia Research Corporation (NASDAQ:ACTG) Institutional Positions Chart

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