Robert Harris - Acacia Research Executive Chairman of the Board

ACTG Stock  USD 4.93  0.00  0.00%   

Chairman

Mr. Robert L. Harris II has resigned as Director of the Company. effective 9 June 2016. He has served as a director since April 2000 and as our President from July 2000 to January 2013. On January 12 2013 Mr. Harris was appointed Executive Chairman. Mr. Harris previously served as President and a director of Entertainment Properties Trust a publicly traded entertainment recreation and specialty real estate company which Mr. Harris founded from 1997 to July 2000. Mr. Harris led the International Division and served as Senior Vice President of AMC Entertainment Inc. a publicly traded theatrical exhibition company from 1993 to 1997 and served as President of Carlton Browne and Company Inc. a holding company and trust with assets in real estate insurance and financial services from 1984 to 1992. Mr. Harris served on the board of True Religion Apparel Inc. a publicly traded clothing company from 2005 until its sale in July 2013 and currently serves on the board of directors of Hudson Pacific Properties Inc. a publicly traded real estate. since 2015.
Age 55
Tenure 9 years
Address 767 Third Avenue, New York, NY, United States, 10017
Phone332 236 8500
Webhttps://www.acaciaresearch.com

Acacia Research Management Efficiency

The company has return on total asset (ROA) of 0.0247 % which means that it generated a profit of $0.0247 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1539 %, meaning that it created $0.1539 on every $100 dollars invested by stockholders. Acacia Research's management efficiency ratios could be used to measure how well Acacia Research manages its routine affairs as well as how well it operates its assets and liabilities. The Acacia Research's current Return On Tangible Assets is estimated to increase to 0.12. The Acacia Research's current Return On Capital Employed is estimated to increase to 0.04. At this time, Acacia Research's Other Current Assets are most likely to increase significantly in the upcoming years. The Acacia Research's current Total Current Assets is estimated to increase to about 582.2 M, while Other Assets are projected to decrease to roughly 5.3 M.
The company currently holds 13.51 M in liabilities with Debt to Equity (D/E) ratio of 0.39, which is about average as compared to similar companies. Acacia Research has a current ratio of 3.6, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Acacia Research until it has trouble settling it off, either with new capital or with free cash flow. So, Acacia Research's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Acacia Research sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Acacia to invest in growth at high rates of return. When we think about Acacia Research's use of debt, we should always consider it together with cash and equity.

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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. Acacia Research Corporation was incorporated in 1993 and is based in New York, New York. Acacia Res-Acacia operates under Specialty Business Services classification in the United States and is traded on NASDAQ Exchange. It employs 287 people. Acacia Research (ACTG) is traded on NASDAQ Exchange in USA. It is located in 767 Third Avenue, New York, NY, United States, 10017 and employs 170 people. Acacia Research is listed under Research & Consulting Services category by Fama And French industry classification.

Management Performance

Acacia Research Leadership Team

Elected by the shareholders, the Acacia Research's board of directors comprises two types of representatives: Acacia Research inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Acacia. The board's role is to monitor Acacia Research's management team and ensure that shareholders' interests are well served. Acacia Research's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Acacia Research's outside directors are responsible for providing unbiased perspectives on the board's policies.
Paul Falzone, Independent Director
Wesley Golby, Chief Officer
Robert Stewart, President
Robert Rasamny, Chief Officer
William Anderson, Independent Director
Bryan Alterman, Principal
Marvin Key, Interim CEO and CEO of Acacia Research Group Llc
Luis Rinaldini, Director
Fred deBoom, Independent Director
Richard Rosenstein, Chief Officer
Clifford Press, Director
Kirsten Hoover, Principal Controller
Alfred Tobia, Director
Irene Byrne, VP Resources
Darren Miller, VP Legal
Frank Walsh, Director
James Sanders, Independent Director
Jason Soncini, General Counsel
Allen Bradley, Independent Director
Martin McNulty, Interim Officer
Jennifer Graff, Corporate Secretary
Maureen OConnell, Independent Director
Marc Booth, Chief Intellectual Property Officer
Holly Hernandez, VP Licensing
Joseph Davis, Independent Director
Katharine Wolanyk, Independent Director
G Graziadio, Independent Director
Clayton Haynes, CFO, Sr. VP of Fin., Treasurer and Member of Disclosure Committee
Edward Frykman, Independent Director
Daniel Troy, Principal
Isaac Kohlberg, Director
Louis Graziadio, Executive Chairman of the Board
Clifford Bradley, Independent Director
Phillip Mitchell, VP Engineering
Robert Harris, Executive Chairman of the Board
Eric Lucas, VP Licensing
Edward Treska, Sr. VP - Legal, General Counsel, Secretary and Member of Disclosure Committee

Acacia Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Acacia Research a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Acacia Research in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Acacia Research's short interest history, or implied volatility extrapolated from Acacia Research options trading.

Pair Trading with Acacia Research

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Acacia Research position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Acacia Research will appreciate offsetting losses from the drop in the long position's value.

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The ability to find closely correlated positions to Acacia Research could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Acacia Research when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Acacia Research - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Acacia Research to buy it.
The correlation of Acacia Research is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Acacia Research moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Acacia Research moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Acacia Research can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Acacia Research is a strong investment it is important to analyze Acacia Research's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Acacia Research's future performance. For an informed investment choice regarding Acacia Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Acacia Research. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Acacia Stock please use our How to Invest in Acacia Research guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.

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When running Acacia Research's price analysis, check to measure Acacia Research's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Acacia Research is operating at the current time. Most of Acacia Research's value examination focuses on studying past and present price action to predict the probability of Acacia Research's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Acacia Research's price. Additionally, you may evaluate how the addition of Acacia Research to your portfolios can decrease your overall portfolio volatility.
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Is Acacia Research's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Acacia Research. If investors know Acacia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Acacia Research listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.97)
Earnings Share
0.58
Revenue Per Share
1.661
Quarterly Revenue Growth
6.035
Return On Assets
0.0247
The market value of Acacia Research is measured differently than its book value, which is the value of Acacia that is recorded on the company's balance sheet. Investors also form their own opinion of Acacia Research's value that differs from its market value or its book value, called intrinsic value, which is Acacia Research's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Acacia Research's market value can be influenced by many factors that don't directly affect Acacia Research's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Acacia Research's value and its price as these two are different measures arrived at by different means. Investors typically determine if Acacia Research is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Acacia Research's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.