Acacia Research Corp’s filing revealed that its Director Kohlberg Isaac T. unloaded Company’s shares for reported $68572.0 on Nov 25 ’24. In the deal valued at $4.57 per share,15,000 shares were sold. As a result of this transaction, Kohlberg Isaac T. now holds 69,274 shares worth roughly $0.23 million.
Then, Kohlberg Isaac T. bought 15,000 shares, generating $68,571 in total proceeds.
Before that, Soncini Jason W. bought 5,000 shares. Acacia Research Corp shares valued at $26,800 were divested by the General Counsel at a price of $5.36 per share. As a result of the transaction, Soncini Jason W. now holds 226,661 shares, worth roughly $0.76 million.
Craig Hallum initiated its Acacia Research Corp [ACTG] rating to a Buy in a research note published on May 22, 2020; the price target was $4. A number of analysts have revised their coverage, including Barclays’s analysts, who remained covering the stock and in late July has reiterated a ‘”an Underweight”‘ rating for it. Northland Capital also remained covering ACTG and has increased its forecast on May 23, 2016 with a “an Outperform” recommendation from previously “Market perform” rating. Lake Street maintained its rating on December 23, 2015. It rated ACTG as “a Buy”.
Price Performance Review of ACTG
On Tuesday, Acacia Research Corp [NASDAQ:ACTG] saw its stock jump 5.00% to $3.36. Acacia Research Corp shares have fallen nearly -22.58% since the year began. Nevertheless, the stocks have fallen -36.96% over the past one year. While a 52-week high of $5.74 was reached on 01/31/25, a 52-week low of $3.18 was recorded on 04/01/25. SMA at 50 days reached $4.02, while 200 days put it at $4.55.
Levels Of Support And Resistance For ACTG Stock
The 24-hour chart illustrates a support level at 3.20, which if violated will result in even more drops to 3.04. On the upside, there is a resistance level at 3.46. A further resistance level may holdings at 3.56. The Relative Strength Index (RSI) on the 14-day chart is 32.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.00%. Stochastics %K at 8.15% indicates the stock is a buying.
How much short interest is there in Acacia Research Corp?
A steep rise in short interest was recorded in Acacia Research Corp stocks on 2025-03-14, growing by 42094.0 shares to a total of 1.33 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.29 million shares. There was a rise of 3.16%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 20, 2015 when Barclays resumed its ‘”an Equal weight”‘ rating for the stock and retained the price target to $12.
