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Acacia Research Appoints Michael Zambito as CFO

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Acacia Research Appoints Michael Zambito as CFO

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An update from Acacia Research ( (ACTG) ) is now available.

On June 24, 2025, Acacia Research Corporation appointed Michael Zambito as Chief Financial Officer, succeeding Kirsten Hoover, who will continue as the company’s Controller. Zambito, with over 30 years of experience at Ernst & Young, brings significant expertise in finance, accounting, and mergers and acquisitions, aligning with Acacia’s strategy of leveraging its capital and industry relationships to enhance business performance and create shareholder value.

The most recent analyst rating on (ACTG) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Acacia Research stock, see the ACTG Stock Forecast page.

Spark’s Take on ACTG Stock

According to Spark, TipRanks’ AI Analyst, ACTG is a Neutral.

The overall stock score reflects a balanced view of Acacia Research’s strong growth prospects and strategic asset management against its current challenges in profitability and cash flow. Positive earnings call sentiment and corporate events provide optimism, while technical indicators suggest cautious optimism in the short term.

To see Spark’s full report on ACTG stock, click here.

More about Acacia Research

Acacia Research Corporation is a publicly traded company that focuses on acquiring and operating businesses across the industrial, energy, and technology sectors. The company leverages its expertise, significant capital base, and deep industry relationships to drive value, evaluating opportunities based on the attractiveness of underlying cash flows.

Average Trading Volume: 265,911

Technical Sentiment Signal: Sell

Current Market Cap: $344.3M

Find detailed analytics on ACTG stock on TipRanks’ Stock Analysis page.

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