Acacia Research Corp's (ACTG) CFO, Michael Zambito, purchased 7,700 shares of the company on August 11, 2025. The insider now owns a total of 7,700 shares. The company specializes in acquiring and managing patent portfolios, with a focus on maximizing the value of intellectual property assets. Shares were trading at $3.27 on the day of the purchase, giving the stock a market cap of $331.769 million.
Acacia Research Corp's (ACTG) Chief Financial Officer, Michael Zambito, has recently purchased 7,700 shares of the company on August 11, 2025. The insider now owns a total of 7,700 shares. The company specializes in acquiring and managing patent portfolios, with a focus on maximizing the value of intellectual property assets. Shares were trading at $3.27 on the day of the purchase, giving the stock a market cap of $331.769 million [3].
The purchase was reported in a SEC Form 4 filing, which is a standard form used by insiders to report their transactions in company securities. Zambito's purchase was made at a weighted average price of $3.2658 per share, totaling $25,146 [1]. This transaction is notable as it follows Acacia's recent earnings reports and strategic partnerships, which have kept the stock in the spotlight.
Acacia Research has been actively involved in the acquisition of businesses across various sectors, including industrial, energy, and technology. The company's strategy of acquiring and managing patent portfolios has been a key driver of its growth and value. The recent purchase by Zambito suggests confidence in the company's prospects and the value of its intellectual property assets.
As of the current date, Acacia Research continues to operate in a dynamic market environment. Investors should keep an eye on the company's earnings reports and strategic developments to gauge its performance and future prospects.
References:
[1] https://www.stocktitan.net/sec-filings/ACTG/form-4-acacia-research-corporation-insider-trading-activity-8d70fc83529f.html
[2] https://www.tradingview.com/news/tradingview:aa3787edcc07c:0-acacia-research-corp-cfo-buys-7-700-shares/
[3] https://stockanalysis.com/stocks/actg/
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