Somewhat Favorable News Coverage Somewhat Unlikely to Affect Actua (ACTA) Stock Price
Media coverage about Actua (NASDAQ:ACTA) has trended somewhat positive on Wednesday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Actua earned a coverage optimism score of 0.05 on Accern’s scale. Accern also assigned news coverage about the software maker an impact score of 44.63049889351 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news articles that may have impacted Accern’s scoring:
- Interested In Actua Corporation (undefined:ACTA)? Here’s What Its Recent Track-Record Looks Like (finance.yahoo.com)
- Actua Corp. – Value Analysis (NASDAQ:ACTA) : December 12, 2017 (finance.yahoo.com)
- Head to Head Analysis: Accenture (ACN) versus Actua (ACTA) (americanbankingnews.com)
- Actua (ACTA) Upgraded at BidaskClub (americanbankingnews.com)
- Actua Corp. breached its 50 day moving average in a Bullish Manner : ACTA-US : December 8, 2017 (finance.yahoo.com)
Several research analysts have recently weighed in on ACTA shares. Zacks Investment Research downgraded shares of Actua from a “hold” rating to a “sell” rating in a research report on Tuesday, August 15th. ValuEngine downgraded shares of Actua from a “hold” rating to a “sell” rating in a research report on Wednesday, September 13th. BidaskClub downgraded shares of Actua from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 26th. Finally, Barrington Research downgraded shares of Actua from an “outperform” rating to a “market perform” rating in a research report on Wednesday, October 4th.
Actua (NASDAQ:ACTA) last announced its quarterly earnings data on Thursday, November 9th. The software maker reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.05). Actua 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 company earned ($0.04) EPS. research analysts predict that Actua will post -0.59 EPS for the current year.
In related news, CFO Raymond Kirk Morgan sold 1,687 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The shares were sold at an average price of $15.45, for a total transaction of $26,064.15. Following the transaction, the chief financial officer now directly owns 153,673 shares of the company’s stock, valued at $2,374,247.85. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 5,061 shares of company stock worth $72,794 over the last ninety days. 10.20% of the stock is currently owned by insiders.
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.
Receive News & Stock Ratings for Actua Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Actua and related stocks with our FREE daily email newsletter.