Acacia Research (ACTG) Insider Michelle Felman Buys 25,052 Shares

Michelle Felman recently bought 25,052 shares of ACTG on June 23, 2026. This transaction was part of a series of insider purchases that day, reflecting confidence among company insiders.

Insider Buying and Selling at Acacia Research Corporation

On June 23, 2026, several insiders, including Michelle Felman, purchased shares of ACTG. Felman acquired 25,052 shares, joining other insiders like Gavin Molinelli, Maureen O'Connell, and Isaac Kohlberg, who each bought the same amount. Ajay Sundar also participated, buying 4,175 shares at $4.79 per share. Earlier in the month, on June 8, 2026, Jason Soncini, General Counsel, sold 48,985 shares at $4.62 each.

Other Institutional Activity in ACTG

Institutional investors have shown varied activity in ACTG. Starboard Value LP maintained its large position with 61,123,595 shares valued at about $294 million. State Street Corp decreased its holdings by 40,940 shares, now holding 3,105,041 shares worth roughly $14.9 million, a 1.3% reduction. Dimensional Fund Advisors LP increased its stake by 95,089 shares, bringing its total to 2,853,889 shares valued at around $13.7 million, marking a 3.4% increase. BlackRock, Inc. also boosted its holdings by 42,520 shares to 2,406,367 shares, valued at approximately $11.6 million, a 1.8% increase. Meanwhile, Vanguard Capital Management LLC opened a new position with 1,596,121 shares worth about $7.7 million.

Acacia Research Corporation Stock Up 4.5%

Shares of ACTG traded near $4.71 on Friday. The company has seen a range of institutional activity and insider transactions, reflecting ongoing interest in its stock.

Analysts Set New Price Targets

Craig-Hallum maintained its 'buy' rating on ACTG, setting a price target of $6.00 on March 12, 2026. This continues their positive outlook from the previous year, when they reiterated a similar rating.

Bottom Line

Michelle Felman's purchase of ACTG shares is part of a broader trend of insider buying, indicating confidence in the company's future. Institutional investors also remain active, with some increasing their stakes. While insider transactions and institutional moves are important, they are backward-looking and should be considered as part of a broader investment analysis.