Acacia Research Corp is a US-listed company in the application software industry. Its financial year ends in December.
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Third-party market data · may be delayed
~$8.4
Revenue-to-maturity cash-flow model
Base case. Range ~$7.1–$10 across our lower- and higher-growth cases (7.300000000000001%–17.3% a year).
Undervalued
The price is below our entire value range; our base value is 99% above it.
Price used: $4.22, November 2, 2026
Acacia Research Corp valuation: adjust assumptions and compare models →
What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.
Revenue for the twelve months to June 2026 was $278m, up 12.3% on a year earlier, against a decline of 3.3% a quarter earlier. Free-cash-flow margin fell to 2.1% from 9.2% a year earlier. Operating margin narrowed to -7.0% from -0.1%. Against its peers on growth, profitability, cash generation and balance sheet, it grades C. It passes 5 of our 6 financial-health checks.
Source: 10-Q filed August 6, 2026 on SEC EDGAR · Financials · Valuation
Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.
Acacia Research Corp's trailing-twelve-month revenue grew 12.3% year on year, with a free-cash-flow margin of 2.1%. Where it stands out: stock pay as % of revenue of 2.2% ranks 15 of 177 application software companies we cover. Where it lags: gross margin of 22.2% ranks 149 of 160 application software companies we cover.
Current signal Results well ahead of expectations: Reported earnings per share beat the analysts' consensus estimate by 244% in the quarter to 2026-06-30, the 4th beat in the last four quarters.
Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.
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Third-party market data · may be delayed
Company announcements, filed results and changes that matter to shareholders.
We value Acacia Research Corp as an operating company, with every model that fits that kind of business. Cost of equity 9.1%: the 10-year Treasury yield (4.9%) plus a beta of 0.92 times a 4.5% equity risk premium.
| Model | Value per share | In the combined value? |
|---|---|---|
| Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. | ~$8.4 ~$7.1–$10 | Primary model, counts double |
| Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. | — | Does not apply: no positive earnings in the latest twelve months |
| Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. | ~$7.9 ~$5.8–$11 | Included |
| Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. | ~$8.7 ~$7.4–$10 | Included |
| Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. | ~$0.1 ~$4.3–$17 | Left out: out of range vs price (0.04x) |
| Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. | ~$8.3 ~$7.9–$8.7 | 3 models |
Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Acacia Research Corp with Application Software in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.
| At fiscal year end | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Now |
|---|---|---|---|---|---|---|---|---|---|---|
| Share price | $4.05 | $2.98 | $2.66 | $3.94 | $5.13 | $4.21 | $3.92 | $4.34 | $3.74 | $4.22 |
| Market value | $205m | $149m | $135m | $226m | $505m | $179m | $362m | $431m | $363m | $411m |
| + Net debt (− = net cash) | −$137m | −$129m | −$57m | −$166m | −$309m | −$288m | −$340m | −$229m | −$215m | −$217m |
| Enterprise value | $69m | $20m | $78m | $61m | $196m | −$109m | $22m | $202m | $149m | $195m |
| Multiples | ||||||||||
| Price / sales | 3.1x | 1.1x | 12.0x | 7.6x | 5.7x | 3.0x | 2.9x | 3.5x | 1.3x | 1.5x |
| Price / earnings | 9.3x | — | — | 2.1x | 3.4x | — | 5.4x | — | 16.8x | — |
| Price / free cash flow | 15.8x | 7.1x | — | — | 38.2x | — | — | — | 6.0x | 69.9x |
| EV / EBITDA | — | 8.2x | — | — | 7.8x | — | 0.6x | n/m | 3.0x | 11.5x |
Weak moat
How hard Acacia Research's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
Net income has been a median -2.5% of total assets over 10 years.
Operating margin has been a median -12.7%; its worst year was -274.3%.
Free cash flow was positive in 6 of 10 years, at a median 2.8% of revenue.
The diluted share count rose 96.4% over five years; stock-based pay has been a median 3.8% of revenue.
AI disruption exposure: High. In this industry, the core product is information work that AI systems increasingly perform. The score above includes a 15-point deduction for that exposure (32 before it).
Next results: November 5, 2026, before the open. Analysts expect revenue of $46m and EPS of −$0.10 (range −$0.10 to −$0.10) for the quarter.
| Fiscal year | EPS | Growth | Revenue | Growth |
|---|---|---|---|---|
| Current | −$0.34 | −213% | $259m | −9% |
| Next | −$0.35 | −3% | $200m | −23% |
The consensus EPS forecast for the current fiscal year is −5.6% on 90 days ago. In the last 30 days, 1 analyst raised Acacia Research Corp's forecast and 0 cut it.
Average of analysts' published estimates (third-party data).
| Period | Current fiscal year |
|---|---|
| 90 days ago | −$0.36 |
| 60 days ago | −$0.44 |
| 30 days ago | −$0.44 |
| 7 days ago | −$0.44 |
| Now | −$0.34 |
| Quarter to | Estimate | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | −$0.09 | $0.13 | +244.4% |
| Mar 2026 | −$0.09 | −$0.07 | +22.2% |
| Dec 2025 | −$0.14 | $0.03 | +121.4% |
| Sept 2025 | −$0.14 | −$0.01 | +92.9% |
Adjusted EPS as companies report it, against the average analyst estimate.
Last 12 months +21.6%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $248m | $278m | +12.3% |
| P/S multiple | 1.4x | 1.5x | +8.2% |
| Share count | 98m | 98m | +0.1% |
Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.
Last 3 years +13.4%
| Part | Then | Now | Effect |
|---|---|---|---|
| Revenue (last 12 months) | $52m | $278m | +438.4% |
| P/S multiple | 4.7x | 1.5x | −68.7% |
| Share count | 66m | 98m | −32.7% |
Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.
| Calendar year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 to date |
|---|---|---|---|---|---|---|
| Return | ||||||
| ACTG | +30% | −18% | −7% | +11% | −14% | +13% |
| Industry peers (median) | −8% | −50% | +19% | +2% | −21% | −14% |
| S&P 500 | +29% | −18% | +26% | +25% | +18% | +11% |
| Months that ended higher | ||||||
| ACTG | 50% | 50% | 42% | 42% | 33% | 64% |
| S&P 500 | 75% | 42% | 67% | 75% | 75% | 46% |
| Largest fall from a high during the year | ||||||
| ACTG | −46% | −37% | −25% | −24% | −36% | −19% |
| S&P 500 | −5% | −25% | −10% | −8% | −19% | −9% |
Worst fall since November 2, 2015: 73% from December 9, 2016 to March 18, 2020. Getting back needed a 276% gain, reached on February 10, 2021, 329 days after the low.
| Results released | Next day | S&P 500 next day | 5 days | 21 days |
|---|---|---|---|---|
| August 5, 2026 | +1.3% | −0.4% | +1.1% | −2.2% |
| May 7, 2026 | −8.1% | +0.5% | −7.9% | −8.5% |
| March 11, 2026 | +17.3% | −1.6% | +21.4% | +18.1% |
| November 5, 2025 | +9.1% | −0.7% | +10.7% | +12.8% |
| August 6, 2025 | −7.2% | +0.7% | −4.2% | −8.1% |
| May 8, 2025 | +22.8% | +0.6% | +20.8% | +24.4% |
| March 13, 2025 | −15.2% | +0.7% | −18.2% | −31.0% |
| November 12, 2024 | −8.9% | −0.3% | −6.6% | −4.9% |
| August 8, 2024 | −4.8% | +2.8% | −2.9% | −2.3% |
| May 9, 2024 | −1.9% | +0.7% | +3.9% | +0.6% |
| March 14, 2024 | +16.3% | −0.9% | +29.5% | +23.8% |
| November 13, 2023 | +1.7% | +1.8% | +3.3% | +6.1% |
How Acacia Research Corp’s listed options are priced, and three ways to use them that follow from our valuation. Quotes are delayed, read November 2, 2026. Check the live chain at your broker before trading.
Not offered: fundamentals grade C+ (needs B+ or better).
We suggest selling a put only on well-rated companies, at a strike where the price you would pay if assigned (strike less premium) is at or below our fair value.
Not offered: no liquid call at or above our price target — the model says the upside is worth more than any listed strike.
For holders: sell a call at a strike at or above our fair value, so the shares are only sold at a price the model calls full value.
Not offered: the shares trade below our fair value: a collar caps upside the model expects.
For holders of a stock trading at or above our fair value: buy a put for a floor and sell a call to pay for it.
General research, not personal advice. Options can lose you more than you expect and are not suitable for everyone: put sellers can be made to buy shares that keep falling, call sellers give up gains above the strike, and results or news can move prices sharply. Chances shown are approximations from each option’s delta. Spreads, fees and early assignment are not modelled.
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue (TTM) |
|---|---|
| FY23 Q3 | $45.9M |
| FY23 Q4 | $125.1M |
| FY24 Q1 | $134.6M |
| FY24 Q2 | $152.6M |
| FY24 Q3 | $165.8M |
| FY24 Q4 | $122.3M |
| FY25 Q1 | $222.4M |
| FY25 Q2 | $247.8M |
| FY25 Q3 | $283.9M |
| FY25 Q4 | $285.2M |
| FY26 Q1 | $215M |
| FY26 Q2 | $278.4M |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Revenue growth, TTM YoY |
|---|---|
| FY23 Q3 | -58.0% |
| FY23 Q4 | 111.2% |
| FY24 Q1 | 122.4% |
| FY24 Q2 | 195.0% |
| FY24 Q3 | 261.1% |
| FY24 Q4 | -2.2% |
| FY25 Q1 | 65.2% |
| FY25 Q2 | 62.4% |
| FY25 Q3 | 71.3% |
| FY25 Q4 | 133.2% |
| FY26 Q1 | -3.3% |
| FY26 Q2 | 12.3% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | Operating margin (TTM) |
|---|---|
| FY23 Q3 | -107.9% |
| FY23 Q4 | 16.7% |
| FY24 Q1 | 20.9% |
| FY24 Q2 | 23.6% |
| FY24 Q3 | 23.4% |
| FY24 Q4 | -26.9% |
| FY25 Q1 | 3.4% |
| FY25 Q2 | -0.1% |
| FY25 Q3 | 1.3% |
| FY25 Q4 | 2.2% |
| FY26 Q1 | -18.7% |
| FY26 Q2 | -7.0% |
Source: SEC EDGAR filings. Retrieved October 29, 2026.
| Period | FCF margin (TTM) |
|---|---|
| FY23 Q3 | -91.5% |
| FY23 Q4 | -18.1% |
| FY24 Q1 | 27.0% |
| FY24 Q2 | -49.6% |
| FY24 Q3 | -48.0% |
| FY24 Q4 | -80.6% |
| FY25 Q1 | -68.7% |
| FY25 Q2 | 9.2% |
| FY25 Q3 | 10.4% |
| FY25 Q4 | 21.4% |
| FY26 Q1 | 25.9% |
| FY26 Q2 | 2.1% |
| Fiscal year | 2017 Dec 2017 | 2018 Dec 2018 | 2019 Dec 2019 | 2020 Dec 2020 | 2021 Dec 2021 | 2022 Dec 2022 | 2023 Dec 2023 | 2024 Dec 2024 | 2025 Dec 2025 | LTM Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | ||||||||||
| Revenue | 65 | 132 | 11 | 30 | 88 | 59 | 125 | 122 | 285 | 278 |
| Gross profit | — | 22 | −7 | 5 | 52 | 22 | 72 | 30 | 84 | 62 |
| EBITDA | −5 | 2 | −20 | −15 | 25 | −27 | 36 | 1 | 50 | 17 |
| Operating income | −27 | −25 | −23 | −20 | 15 | −40 | 21 | −33 | 6 | −19 |
| Net income | 22 | −105 | −17 | 109 | 149 | −125 | 67 | −36 | 22 | −15 |
| Diluted EPS | $0.44 | −$2.10 | −$0.40 | $1.48 | $1.91 | −$3.13 | $0.58 | −$0.36 | $0.22 | −$0.15 |
| Growth (year on year) | ||||||||||
| Revenue | — | +101.1% | −91.4% | +164.8% | +195.6% | −32.7% | +111.2% | −2.2% | +133.2% | +12.3% |
| EBITDA | — | — | — | — | — | −205.3% | — | −98.2% | — | −60.9% |
| Operating income | — | — | — | — | — | −375.6% | — | −257.3% | — | — |
| Net income | — | −573.5% | — | — | +36.6% | −183.8% | — | −153.8% | — | — |
| Diluted EPS | — | −577.3% | — | — | +29.1% | −263.9% | — | −162.1% | — | — |
| Margins | ||||||||||
| Gross margin | — | 16.9% | −62.6% | 16.6% | 59.0% | 36.9% | 57.8% | 24.2% | 29.6% | 22.2% |
| EBITDA margin | −7.7% | 1.9% | −179.5% | −49.4% | 28.7% | −44.9% | 28.5% | 0.5% | 17.4% | 6.1% |
| Operating margin | −41.7% | −18.8% | −208.2% | −65.5% | 16.5% | −67.7% | 16.7% | −26.9% | 2.2% | −7.0% |
| Net margin | 33.9% | −79.9% | −152.2% | 366.8% | 169.5% | −211.2% | 53.6% | −29.5% | 7.6% | −5.4% |
| Free-cash-flow margin | 19.8% | 15.8% | −22.2% | −66.5% | 15.0% | −64.3% | −18.1% | −80.6% | 21.4% | 2.1% |
| Cash flow | ||||||||||
| Cash from operations | 13 | 21 | −2 | −20 | 13 | −37 | −23 | 50 | 75 | 30 |
| Capital spending | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 149 | 14 | 24 |
| Free cash flow | 13 | 21 | −2 | −20 | 13 | −38 | −23 | −99 | 61 | 6 |
| Stock-based pay | 9 | −0 | 1 | 2 | 2 | 4 | 3 | 5 | 6 | 6 |
| Free cash flow after stock pay | 4 | 21 | −4 | −21 | 11 | −42 | −26 | −103 | 55 | −0 |
| Balance sheet | ||||||||||
| Cash | 137 | 129 | 57 | 166 | 309 | 288 | 340 | 274 | 307 | 308 |
| Total debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 45 | 92 | 91 |
| Net debt (negative = net cash) | −137 | −129 | −57 | −166 | −309 | −288 | −340 | −229 | −215 | −217 |
| Diluted shares | 51m | 50m | 51m | 57m | 98m | 42m | 92m | 99m | 97m | 98m |
| Returned to shareholders | ||||||||||
| Dividends | 0 | — | 0 | 1 | 1 | 3 | 1 | 0 | — | — |
| Buybacks | 0 | 5 | 0 | 4 | 4 | 51 | 0 | 20 | 0 | — |
| Total returned | 0 | 5 | 0 | 5 | 5 | 54 | 1 | 20 | 0 | — |
| Quarter | 2024 Q3 Sept 2024 | 2024 Q4 Dec 2024 | 2025 Q1 Mar 2025 | 2025 Q2 Jun 2025 | 2025 Q3 Sept 2025 | 2025 Q4 Dec 2025 | 2026 Q1 Mar 2026 | 2026 Q2 Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Income | ||||||||
| Revenue | 23 | 49 | 124 | 51 | 59 | 50 | 54 | 115 |
| Gross profit | 2 | 9 | 59 | 7 | 13 | 6 | 12 | 31 |
| EBITDA | −1 | −4 | 49 | −1 | 4 | −3 | 0 | 15 |
| Operating income | −10 | −16 | 38 | −12 | −6 | −13 | −8 | 9 |
| Net income | −14 | −13 | 24 | −3 | −3 | 3 | −16 | 0 |
| Diluted EPS | −$0.14 | −$0.13 | $0.25 | −$0.03 | −$0.03 | $0.03 | −$0.16 | $0.00 |
| Growth (year on year) | ||||||||
| Revenue | +131.2% | −47.1% | +411.6% | +98.3% | +155.0% | +2.6% | −56.4% | +123.6% |
| EBITDA | — | −106.6% | +>999% | −135.5% | — | — | −99.7% | — |
| Operating income | — | −128.3% | — | — | — | — | −121.8% | — |
| Net income | −955.5% | −118.0% | — | — | — | — | −164.8% | — |
| Diluted EPS | — | −116.0% | — | — | — | — | −164.0% | — |
| Margins | ||||||||
| Gross margin | 10.1% | 17.6% | 47.4% | 12.8% | 21.2% | 12.8% | 22.2% | 26.8% |
| EBITDA margin | −2.2% | −8.1% | 39.3% | −1.8% | 7.4% | −5.2% | 0.2% | 13.2% |
| Operating margin | −44.1% | −32.4% | 30.8% | −24.2% | −10.8% | −26.1% | −15.4% | 7.4% |
| Net margin | −60.0% | −27.5% | 19.5% | −6.4% | −4.6% | 6.8% | −29.0% | 0.0% |
| Free-cash-flow margin | −12.1% | −48.2% | 0.3% | 95.3% | 6.6% | 15.8% | −9.3% | −0.8% |
| Cash flow | ||||||||
| Cash from operations | −1 | −20 | 2 | 50 | 10 | 13 | 3 | 4 |
| Capital spending | 2 | 3 | 2 | 1 | 6 | 5 | 8 | 5 |
| Free cash flow | −3 | −24 | 0 | 49 | 4 | 8 | −5 | −1 |
| Stock-based pay | 1 | 2 | 1 | 1 | 2 | 2 | 1 | 1 |
| Free cash flow after stock pay | −4 | −26 | −1 | 48 | 2 | 6 | −6 | −2 |
| Last 12 months unless stated | ACTG | WEAV | MTLS | OSPN | OOMA | CRNC | Median |
|---|---|---|---|---|---|---|---|
| Revenue, last 12 months | $278m | $258m | $303m | $253m | $307m | $309m | $482m |
| Revenue growth, last 12 months | 12.3% | 16.7% | 4.8% | 4.9% | 17.2% | 25.8% | 12.0% |
| Revenue growth, 3-year average | 75.3% | 18.4% | — | 3.4% | 10.3% | 4.4% | 11.1% |
| Revenue growth, latest quarter | 123.6% | 15.5% | — | 12.0% | 25.4% | 11.8% | 11.9% |
| Gross margin | 22.2% | 72.4% | 57.1% | 74.3% | 61.5% | 78.7% | 69.2% |
| Operating margin | −7.0% | −8.3% | 3.3% | 17.9% | 3.6% | 8.7% | 1.1% |
| Operating margin, 3-year average | 5.5% | −13.8% | 3.2% | 17.3% | −0.1% | −51.7% | −0.8% |
| Net margin | −5.4% | −8.0% | 2.9% | 27.5% | 3.6% | −5.0% | 2.1% |
| Cash from operations / revenue | 10.8% | 6.5% | 9.5% | 22.6% | 12.1% | 27.4% | 18.2% |
| Free-cash-flow margin | 2.1% | 5.5% | 4.2% | 17.6% | 9.9% | 25.4% | 15.0% |
| Free-cash-flow margin, 3-year average | −12.7% | 5.5% | — | 17.8% | 7.5% | 15.7% | 16.2% |
| Stock pay / revenue | 2.2% | 10.9% | 0.1% | 4.9% | 4.7% | 8.7% | 9.3% |
| Change in share count | −0.1% | 6.5% | −0.1% | −1.4% | 4.0% | 1.8% | 2.2% |
| Measure | Company | Peer median | Rank |
|---|---|---|---|
| Revenue growth Growth | 12.3% | 12.0% | 91 of 184 |
| Change in growth rate Growth | +15.6pp | +0.2pp | 19 of 184 |
| Gross margin Profitability | 22.2% | 69.8% | 149 of 160 |
| Operating margin Profitability | -7.0% | 1.1% | 116 of 181 |
| Net margin Profitability | -5.4% | 2.1% | 111 of 185 |
| Free-cash-flow margin Cash generation | 2.1% | 15.2% | 124 of 180 |
| Stock pay as % of revenue Cash generation | 2.2% | 9.3% | 15 of 177 |
| Long-term debt as % of assets Balance sheet | 11.5% | 16.9% | 38 of 98 |
| Change in share count Balance sheet | -0.1% | 1.7% | 60 of 163 |
| Days sales outstanding Balance sheet | 114 days | 57 days | 145 of 162 |
Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Manufacturing Operations | $115M | 40.2% | ▲ 395.2% |
| Intellectual Property Operations | $78.4M | 27.5% | ▲ 301.3% |
| Energy Operations | $63.8M | 22.4% | ▲ 29.8% |
| Industrial Operations | $28.3M | 9.9% | ▼ 7.1% |
| Line of business | Revenue | YoY |
|---|---|---|
| Intellectual Property Operations | $78.4M | ▲ 301.3% |
| License Fees | $78.4M | ▲ 301.3% |
| Paid Up Revenue Agreements | $76.9M | ▲ 345.5% |
| Transportation Safety | $42.6M | ▲ 433.6% |
| Air Distribution | $37.6M | ▲ 383.0% |
| Office Storage and Display Solutions | $34.6M | ▲ 366.6% |
| Oil Reserves | $28.5M | ▲ 7.8% |
| Industrial Operations | $28.3M | ▼ 7.1% |
| Printers and Parts | $28.3M | ▼ 7.1% |
| Printers Consumables and Parts | $25.1M | ▼ 7.3% |
| Natural Gas Reserves | $18.2M | ▲ 97.8% |
| Natural Gas Liquids Reserves | $15.1M | ▲ 15.9% |
| Services | $3.2M | ▼ 5.3% |
| Other services | $2M | ▲ 298.8% |
| Recurring Revenue Agreements | $1.5M | ▼ 34.4% |
These categories overlap or exclude eliminations, so shares aren't shown.
| Region | Revenue | Share | YoY |
|---|---|---|---|
| Americas | $241M | 84.4% | ▲ 173.9% |
| United States (part of Americas) | $217M | 90.0% | ▲ 159.6% |
| Canada and Latin America (part of Americas) | $24.1M | 10.0% | ▲ 443.5% |
| Asia Pacific | $29.5M | 10.3% | ▲ 18.3% |
| China (part of Asia Pacific) | $23M | 78.0% | ▲ 128.9% |
| Asia Pacific Excluding China and India (part of Asia Pacific) | $4.5M | 15.3% | ▼ 62.9% |
| India (part of Asia Pacific) | $2M | 6.7% | ▼ 27.1% |
| EMEA | $15.1M | 5.3% | ▲ 58.4% |
From Acacia Research Corp's 10-K filed March 12, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
| Manager | Value | Shares | Share of 13F value | Shares QoQ |
|---|---|---|---|---|
| Starboard Value LP | $285M | 61.1M | 71.0% | 0.0% |
| State Street Corp | $14.8M | 3.2M | 3.7% | ▲ 2.0% |
| Dimensional Fund Advisors LP | $13.7M | 2.9M | 3.4% | ▲ 3.1% |
| Blackrock, Inc. | $12.1M | 2.6M | 3.0% | ▲ 7.9% |
| Vanguard Capital Management LLC | $6.9M | 1.5M | 1.7% | ▼ 7.0% |
| Renaissance Technologies LLC | $6.6M | 1.4M | 1.6% | ▲ 0.5% |
| Goldman Sachs Group Inc | $5.5M | 1.2M | 1.4% | ▲ 101.2% |
| Krilogy Financial LLC | $5.3M | 1.1M | 1.3% | 0.0% |
| Peapod Lane Capital LLC | $4.6M | 995K | 1.2% | ▼ 8.8% |
| Geode Capital Management, LLC | $4.2M | 901K | 1.0% | ▲ 5.0% |
| Pacific Ridge Capital Partners, LLC | $3.8M | 811K | 0.9% | ▼ 0.8% |
| Formidable Asset Management, LLC | $3.7M | 793K | 0.9% | ▼ 5.5% |
From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Acacia Research Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.
| Insider | Date | Trade | Shares | Price | Value |
|---|---|---|---|---|---|
| Kohlberg Isaac T. Director | September 15, 2026 | Sell | 24,000 | $4.55 | $109,200 |
| Oconnell Maureen Director | September 3, 2026 | Sell | 12,466 | $4.57 | $56,970 |
| Oconnell Maureen Director | September 2, 2026 | Sell | 20,534 | $4.63 | $95,072 |
| Oconnell Maureen Director | August 19, 2026 | Sell | 10,000 | $4.60 | $46,000 |
| Kohlberg Isaac T. Director | August 12, 2026 | Sell | 32,188 | $4.67 | $150,318 |
From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.
Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced
| Data | Last updated | Source |
|---|---|---|
| Share price | Exchange closing prices | |
| Financial statements | SEC 10-K and 10-Q filings | |
| News and updates | Company releases and SEC 8-K filings | |
| Analyst estimates | Aggregated analyst estimates | |
| Valuation and scores | Our models, from the filed figures |
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