Pembroke Management LTD lowered its stake in shares of Actua Corporation (NASDAQ:ACTA) by 68.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 277,657 shares of the software maker’s stock after selling 606,950 shares during the quarter. Pembroke Management LTD owned 0.86% of Actua Corporation worth $4,248,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in Actua Corporation by 6.4% in the second quarter. Dimensional Fund Advisors LP now owns 2,669,742 shares of the software maker’s stock valued at $37,510,000 after acquiring an additional 159,629 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Actua Corporation by 99.7% during the second quarter. Renaissance Technologies LLC now owns 1,325,719 shares of the software maker’s stock worth $18,626,000 after buying an additional 661,800 shares during the period. State Street Corp boosted its stake in shares of Actua Corporation by 14.0% during the second quarter. State Street Corp now owns 683,241 shares of the software maker’s stock worth $9,597,000 after buying an additional 83,956 shares during the period. Geode Capital Management LLC boosted its stake in shares of Actua Corporation by 3.7% during the first quarter. Geode Capital Management LLC now owns 299,303 shares of the software maker’s stock worth $4,205,000 after buying an additional 10,591 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its stake in shares of Actua Corporation by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 127,085 shares of the software maker’s stock worth $1,786,000 after buying an additional 703 shares during the period. 71.35% of the stock is currently owned by institutional investors and hedge funds.

ACTA has been the subject of several recent research reports. BidaskClub downgraded shares of Actua Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research downgraded shares of Actua Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, August 15th. ValuEngine downgraded shares of Actua Corporation from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. Finally, Barrington Research downgraded shares of Actua Corporation from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 4th.

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In other news, CFO Raymond Kirk Morgan sold 1,687 shares of the firm’s stock in a transaction on Tuesday, October 17th. The shares were sold at an average price of $15.60, for a total value of $26,317.20. Following the transaction, the chief financial officer now owns 155,360 shares of the company’s stock, valued at approximately $2,423,616. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders have sold 5,061 shares of company stock worth $72,794. 10.20% of the stock is owned by company insiders.

Shares of Actua Corporation (NASDAQ ACTA) traded down $0.05 during trading on Thursday, reaching $15.50. 93,800 shares of the company’s stock were exchanged, compared to its average volume of 150,453. Actua Corporation has a 12 month low of $11.85 and a 12 month high of $15.95.

Actua Corporation (NASDAQ:ACTA) last issued its earnings results on Thursday, November 9th. The software maker reported ($0.19) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.05). Actua Corporation had a net margin of 67.78% and a negative return on equity of 5.80%. During the same quarter in the previous year, the firm earned ($0.04) earnings per share. equities research analysts anticipate that Actua Corporation will post -0.59 EPS for the current year.

Actua Corporation Profile

Actua Corporation, formerly ICG Group, Inc, is a multi-vertical cloud technology company. The Company operates through two segments, which include the vertical cloud segment and the vertical cloud (venture) segment. The Company’s vertical cloud-based businesses include Bolt Solutions Inc (Bolt), Folio Dynamics Holdings Inc (FolioDynamix), GovDelivery Holdings, Inc (GovDelivery) and VelocityEHS Holdings, Inc (VelocityEHS), which operate in the commercial and personal property and casualty insurance, wealth management, government communications and environmental, health and safety (EH&S) markets, respectively.

Institutional Ownership by Quarter for Actua Corporation (NASDAQ:ACTA)

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