Isaac Kohlberg Acquires Shares in Acacia Research Corporation

On June 23, 2026, Isaac Kohlberg purchased 25,052 shares of Acacia Research Corporation (NasdaqGS:ACTG). This insider transaction did not involve a pre-planned trading program and was executed without a specified purchase price.

Insider Buying and Selling at Acacia Research Corporation

In addition to Isaac Kohlberg, several other insiders were active at Acacia Research on June 23, 2026. Gavin Molinelli, Maureen O'Connell, Ajay Sundar, and Michelle Felman each acquired 25,052 shares. Meanwhile, Jason Soncini, the company's General Counsel, sold 48,985 shares on June 8, 2026, at an average price of $4.62.

Other Institutional Activity in Acacia Research

Among institutional investors, Starboard Value LP maintained its position with 61,123,595 shares valued at approximately $294 million. State Street Corp reduced its holdings by 40,940 shares, ending with 3,105,041 shares worth about $14.9 million, representing a 1.3% decrease. Dimensional Fund Advisors LP increased its stake by 95,089 shares, holding 2,853,889 shares valued at roughly $13.7 million, a 3.4% increase. BlackRock, Inc. added 42,520 shares, bringing its total to 2,406,367 shares worth approximately $11.6 million, a 1.8% increase. Vanguard Capital Management LLC opened a new position with 1,596,121 shares, valued at around $7.7 million.

Acacia Research Corporation Stock Up 5.8%

Shares of NasdaqGS:ACTG traded near $4.71 on Friday. Acacia Research Corporation, with a market cap of about $454 million, operates in the industrials sector. The stock's 52-week range is between $3.12 and $5.27. It has a 50-day moving average of $4.78 and a 200-day moving average of $4.12. The company has a forward P/E ratio of -8.87, reflecting its lack of profitability, and a beta of 0.428, indicating lower volatility compared to the market. Acacia's current and quick ratios stand at 8.56 and 7.69, respectively, while its debt-to-equity ratio is 18.21.

Analysts Set New Price Targets

Craig-Hallum maintained its 'buy' rating for Acacia Research on March 12, 2026, with a price target of $6.00. This aligns with the firm's previous reiteration of the same target on November 14, 2023. The consensus among analysts remains positive, with a target mean price of $6.00 based on one analyst's opinion.

About Acacia Research Corporation

Acacia Research Corporation, headquartered in New York, operates as an acquirer and operator of diverse businesses across industrial, energy, and technology sectors worldwide. The company has four segments: Intellectual Property Operations, Industrial Operations, Energy Operations, and Manufacturing Operations. Acacia invests in intellectual property, licenses patented technologies, and manufactures products such as industrial printers and consumable items. Additionally, it explores and develops oil and natural gas resources in Texas and Oklahoma. The company was founded in 1993 and is led by CEO Martin D. McNulty Jr.

Bottom Line

Insider activity at Acacia Research, including Isaac Kohlberg's recent purchase, highlights ongoing interest in the company. Acacia's diverse operations and recent analyst support underscore its potential, though its negative earnings and forward P/E indicate challenges. Investors should remember that insider transactions are disclosed after the fact and may not reflect current positions.