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Acacia Research ( (ACTG) ) has issued an announcement.
On May 15, 2025, Acacia Research Corporation held its Annual Meeting of Stockholders virtually, where a quorum was present with 85,560,383 shares represented. During the meeting, stockholders voted on several proposals, including the election of seven directors, the ratification of Grant Thornton, LLP as the independent registered public accounting firm, approval of executive compensation, and the adoption of the Fourth Amended and Restated Certificate of Incorporation to extend stock transfer restrictions. All proposals were approved, impacting the company’s governance and strategic financial planning.
The most recent analyst rating on (ACTG) stock is a Buy with a $7.00 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.
Acacia Research shows promising revenue growth and strong performance in its recent earnings call, driving a positive outlook. However, challenges with profitability, cash flow management, and valuation metrics temper the overall score.
To see Spark’s full report on ACTG stock, click here.
More about Acacia Research
Acacia Research Corporation is involved in the business of acquiring and managing patent portfolios, with a focus on intellectual property rights. The company operates in the technology and innovation sectors, leveraging its expertise to maximize the value of its acquired patents.
Average Trading Volume: 313,404
Technical Sentiment Signal: Sell
Current Market Cap: $362.6M
See more insights into ACTG stock on TipRanks’ Stock Analysis page.