Added to YB: 2024-02-08
Pitch date: 2024-02-08
ACTG [bullish]
Acacia Research Corporation
-10.26%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Acacia Research Corporation operates as an acquirer and operator of businesses across industrial, energy, and technology sectors in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Market Cap
$354.0M
Pitch Price
$4.29
Price Target
N/A
Dividend
N/A
EV/EBITDA
2.40
P/E
73.23
EV/Sales
0.47
Sector
Financial Services
Category
value
Show full summary:
Happy to own $ACTG at this level
$ACTG: New $20M buyback (13-14% ex-Starboard), $57M Arix sale adds to cash. No update on Viamet. Small O&G investment for '40 Act compliance. Trades ~70% of book (60% w/ Viamet & WiFi 6 upside). Attractive at current levels.
Read full article (1 min)