Acacia Research Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 2.47
Dividend & YieldN/A$ (N/A)
Beta 0.4
Market capitalization 177.64M
Operating cash flow 9.01M
ESG Scores unknown

Company description

Acacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. The company operates through two segments, Intellectual Property Operations and Industrial Operations. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,600 license agreements, and approximately 200 patent portfolio licensing and enforcement programs. It also designs manufactures printers and parts, and consumable products through dealers and distributors for various industrial printing applications. In addition, the company offers supply-chain printing solutions for manufacturing, transportation and logistics, retail distribution, food and beverage distribution, and pharmaceutical distribution industries; and line matrix printers for mission critical applications within labeling and inventory management, build sheets, invoicing, manifests and bills of lading, and reporting industries. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York.

Sector: Industrials - Industry: Specialty Business Services

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 963k 109k -2.55M 16.26M
Total Cashflows From Investing Activities -24.07M -68.06M 18.6M 35.75M
Net Borrowings 110.44M 110.44M 110.44M 65M
Total Cash From Financing Activities -4.61M 33.92M 109.21M 59.74M
Change To Operating Activities 19.15M -20.73M -2.94M 223k
Issuance Of Stock 257k 79k 48k 202k
Net Income -105.03M -17.11M 109.23M 149.2M
Change In Cash -7.79M -36.45M 108.19M 108.81M
Effect Of Exchange Rate
Total Cash From Operating Activities 20.88M -2.31M -19.62M 13.33M
Depreciation 18.84M 3.23M 4.8M 10.69M
Change To Account Receivables -28.19M 32.37M 5k -747k
Other Cashflows From Financing Activities 4.1M 4.1M 4.1M
Change To Netincome 115.14M -172k -135.23M -164.31M
Capital Expenditures -34k -183k -199k -91k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 200k 200k 200k 200k
Income Before Tax -103.67M -18.95M 108.07M 174.65M
Net Income -105.03M -17.11M 109.23M 149.2M
Selling General Administrative 18.73M 16.38M 24.48M 36.75M
Gross Profit 49.37M -3.85M 4.96M 51.95M
Ebit 11.83M -23.42M -19.52M 15M
Operating Income 11.83M -23.42M -19.52M 15M
Interest Expense -10.14M -10.14M -10.14M -7.92M
Income Tax Expense 1.18M -1.82M -1.16M 24.29M
Total Revenue 131.51M 11.25M 29.78M 88.05M
Cost Of Revenue 82.14M 15.09M 24.82M 36.1M
Total Other Income ExpenseNet -115.5M 4.46M 127.59M 159.65M
Net Income From Continuing Ops -104.85M -17.13M 109.23M 150.37M
Net Income Applicable To Common Shares -105.03M -17.42M 86.85M 118.8M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 32.71M 17.14M 185.34M 335.18M
Total Stockholder Equity 189.39M 173.12M 277.27M 419.43M
Other Current Liabilities 3.8M 6.18M 5.01M
Total Assets 223.95M 218.16M 511.31M 798.86M
Common Stock 50k 50k 49k 49k
Other Current Assets
Retained Earnings -422.54M -439.66M -330.92M -181.72M
Treasury Stock -39.27M -39.27M -43.27M -47.28M
Cash 128.81M 57.36M 165.55M 308.94M
Total Current Liabilities 31.04M 11.71M 124.82M 200.19M
Other Stockholder Equity
Property, Plant, and Equipment 1.26M 1.22M 6.21M
Total Current Assets 201.47M 173.26M 457.67M 730.68M
Net Tangible Assets 182.81M 165.31M 260.36M 363.17M
Net Receivables 32.88M 511k 506k 9.52M
Accounts Payable 3.7M 1.76M 1.02M 5.44M


Insider Transactions

Here are the insider transactions of stock shares related to Acacia Research Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
O'CONNELL MAUREEN EStock Award(Grant) at price 0.00 per share.D2022-05-09Director26.2k
WOLANYK KATHARINEStock Award(Grant) at price 0.00 per share.D2022-05-09Director26.2k
KOHLBERG ISAAC T.Stock Award(Grant) at price 0.00 per share.D2022-05-09Director26.2k
SAGAL JONATHANStock Award(Grant) at price 0.00 per share.D2022-05-09Director26.2k
MCNULTY MARTIN D JRStock Award(Grant) at price 0.00 per share.D2022-03-10Chief Operating Officer60k
BOOTH MARC W.Stock Award(Grant) at price 0.00 per share.D2022-03-08Officer100k
ROSENSTEIN RICHARD JAYStock Award(Grant) at price 0.00 per share.D2022-03-08Chief Financial Officer45k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2022-03-08General Counsel45k
GOLBY LAWRENCE WESLEYStock Award(Grant) at price 0.00 per share.D2022-03-08Officer100k
BOOTH MARC W.Sale at price 4.71 per share.D2021-12-20Officer6.28k
ROSENSTEIN RICHARD JAYPurchase at price 5.10 per share.D2021-12-17Chief Financial Officer25k
SONCINI JASON WPurchase at price 5.05 per share.D2021-12-17General Counsel11k
BOOTH MARC W.Sale at price 5.53 per share.D2021-11-08Officer4.4k
KOHLBERG ISAAC T.Stock Award(Grant) at price 0.00 per share.D2021-09-30Director4.42k
BOOTH MARC W.Stock Award(Grant) at price 0.00 per share.D2021-08-23Officer45k
BOOTH MARC W.Stock Award(Grant) at price 0.00 per share.D2021-08-23Officer45k
ROSENSTEIN RICHARD JAYStock Award(Grant) at price 0.00 per share.D2021-08-23Chief Financial Officer45k
ROSENSTEIN RICHARD JAYStock Award(Grant) at price 0.00 per share.D2021-08-23Chief Financial Officer45k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2021-08-23General Counsel22.5k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2021-08-23General Counsel22.5k
BOOTH MARC W.Sale at price 6.10 per share.D2021-06-18Officer5.91k
ROSENSTEIN RICHARD JAYSale at price 5.51 per share.D2021-06-07Chief Financial Officer9.6k
BOOTH MARC W.Sale at price 5.72 per share.D2021-05-10Officer4.57k
O'CONNELL MAUREEN EStock Award(Grant) at price 0.00 per share.D2021-05-10Director21.66k
WOLANYK KATHARINEStock Award(Grant) at price 0.00 per share.D2021-05-10Director21.66k
SAGAL JONATHANStock Award(Grant) at price 0.00 per share.D2021-05-10Director21.66k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2021-03-16General Counsel45k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2021-03-16General Counsel45k
SONCINI JASON WStock Award(Grant) at price 0.00 per share.D2021-03-16General Counsel45k
BOOTH MARC W.Sale at price 4.09 per share.D2020-12-18Officer5.57k
TOBIA ALFRED VICTOR JR.Purchase at price 3.75 - 3.79 per share.D2020-12-16President100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Acacia Research Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Acacia Research Corp

Here is the result of two systematic investment strategies applied to Acacia Research Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Acacia Research Corp

The following chart shows the equity curve of the two systematic investment strategies applied to Acacia Research Corp:

Acacia Research Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 63.58% on the backtest period.

Performance at glance

Performance

63.58 %

Latent gain

1113.65 $

Invested capital

1751.55 $

Annualized return

15.51 %
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Momentum strategy results on Acacia Research Corp

This is the result of two momentum investment strategies applied to Acacia Research Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Acacia Research Corp

The following chart shows all the entries opened by the momentum investment system on Acacia Research Corp:

Acacia Research Corp momentum entries
  • The first momentum investment strategy would give 72.88% of return on Acacia Research Corp. That represents 4009.19$ of latent gain with 5501.07$ of employed capital.
  • The second momentum investment strategy would give 83.36% of return on Acacia Research Corp. That represents 2712.88$ of latent gain with 3254.45$ of employed capital.
Performance at glance (1Q Momentum)

Performance

72.88 %

Latent gain

4009.19 $

Invested capital

5501.07 $

Annualized return

18.94 %
Performance at glance (2Q Momentum)

Performance

83.36 %

Latent gain

2712.88 $

Invested capital

3254.45 $

Annualized return

23.03 %

Momentum equity curve on Acacia Research Corp

The following chart shows the equity curve of the two momentum strategies applied to Acacia Research Corp:

Acacia Research Corp momentum equity

Note: the dividends potentially given by Acacia Research Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Acacia Research Corp

The following chart shows the employed capital evolution of the two momentum strategies on Acacia Research Corp since the beginning:

Acacia Research Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Acacia Research Corp

Buy the dip entry openings on Acacia Research Corp

Acacia Research Corp

The performance achieved by the robo-advisor on Acacia Research Corp is 39.77%. That represents 597.3$ of latent gain with 1502.01$ of employed capital. The following chart shows Acacia Research Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Acacia Research Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

39.77 %

Latent gain

597.3 $

Invested capital

1502.01 $

Annualized return

18.94 %

Equity curve of the strategy applied to Acacia Research Corp

The following chart shows the result of the investment strategy applied to Acacia Research Corp:

Acacia Research Corp

Note: the dividends potentially given by Acacia Research Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Acacia Research Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on Acacia Research Corp:

Acacia Research Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Acacia Research Corp

In this section, I will compare the three previous investment strategies applied to Acacia Research Corp.

Equity curve comparison on Acacia Research Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Acacia Research Corp investment strategy comparison

Employed capital comparison on Acacia Research Corp

Acacia Research Corp investment comparison

Performance comparison on Acacia Research Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 63.58% 1113.65$ 1751.55$ 15.51%
Momentum 1 quarter 72.88% 4009.19$ 5501.07$ 18.88%
Momentum 2 quarters 83.36% 2712.88$ 3254.45$ 23.03%
Non-directional 39.77% 597.3$ 1502.01$ 18.94%
Annualized return comparison

Automatic investment

15.51 %

Momentum 1Q

23.03 %

Momentum 2Q

23.03 %

Non-directional

18.94 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Acacia Research Corp:

Positive correlations

Most correlated stocks this year

  • Acacia Research Corp

  • Most correlated stocks last 3 months

  • Schneider National Inc - Class B
  • Acacia Research Corp
  • Gladstone Commercial Corp

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Acacia Research Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of Acacia Research Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Acacia Research Corp
    Country United States
    City New York
    Address 767 Third Avenue
    Phone 949 480 8300
    Website www.acaciaresearch.com
    FullTime employees 287
    Industry Specialty Business Services
    Sector Industrials
    Exchange XNAS
    Ticker ACTG
    Market www.nasdaq.com

    Acacia Research Corp ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown