Acacia Research Corporation has announced that Chief Financial Officer Michael Sikoryak has acquired 7,700 shares at a price of $3.27 per share on August 11, 2023.
Acacia Research Corporation (ACTG) has recently seen a significant insider transaction. On August 11, 2025, the company's Chief Financial Officer, Michael Sikoryak, purchased 7,700 shares of ACTG Common Stock. The transaction took place at a weighted average price of $3.27 per share, totaling $25,146 [2].
This purchase follows the company's earnings call for the second quarter of 2025, where Acacia Research reported its financial results. The company, which operates across the industrial, energy, and technology sectors, has been active in acquisitions and strategic partnerships [1].
Acacia Research has been known for its volatile stock performance, with significant fluctuations in recent quarters. However, the company has shown resilience and has been engaged in strategic initiatives to enhance its portfolio [3]. The latest acquisition of Deflecto® is an example of its efforts to expand its operations [4].
Michael Sikoryak's purchase of shares indicates his confidence in the company's future prospects. This insider buying can be seen as a positive signal by investors, suggesting that the CFO believes in the company's long-term value. However, it is essential to consider the broader market conditions and the company's financial health when evaluating the stock's potential.
Investors should keep an eye on Acacia Research's upcoming earnings report and any future developments that might impact the stock price. The company's ability to execute on its strategic plans and maintain its financial health will be crucial factors in determining its future performance.
References:
[1] https://stockanalysis.com/stocks/actg/
[2] https://www.tradingview.com/news/tradingview:aa3787edcc07c:0-acacia-research-corp-cfo-buys-7-700-shares/
Comments
No comments yet