BidaskClub upgraded shares of Actua (NASDAQ:ACTA) from a strong sell rating to a sell rating in a research note published on Wednesday morning.

A number of other research firms also recently commented on ACTA. Zacks Investment Research raised Actua from a sell rating to a hold rating in a research note on Tuesday, January 16th. Barrington Research lowered Actua from an outperform rating to a market perform rating in a research report on Wednesday, October 4th.

Shares of Actua (NASDAQ:ACTA) opened at $15.60 on Wednesday. Actua has a 12 month low of $11.85 and a 12 month high of $16.05. The company has a market capitalization of $508.83, a price-to-earnings ratio of 7.06 and a beta of 1.68.

Actua (NASDAQ:ACTA) last posted 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 negative return on equity of 5.80% and a net margin of 67.78%. During the same period in the prior year, the company posted ($0.04) earnings per share. sell-side analysts anticipate that Actua will post -1.01 earnings per share for the current year.

The business also recently announced a special dividend, which will be paid on Thursday, February 1st. Stockholders of record on Monday, January 29th will be given a dividend of $14.89 per share. This represents a dividend yield of 0.939432176656152%. The ex-dividend date of this dividend is Friday, February 2nd.

In other news, CFO Raymond Kirk Morgan sold 1,687 shares of the business’s stock in a transaction on Tuesday, November 14th. The stock was sold at an average price of $15.45, for a total transaction of $26,064.15. Following the sale, 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 can be accessed through the SEC website. Insiders have sold 5,061 shares of company stock worth $78,614 over the last ninety days. 10.20% of the stock is owned by insiders.

Several institutional investors have recently made changes to their positions in the company. Mycio Wealth Partners LLC raised its position in shares of Actua by 59.5% during the fourth quarter. Mycio Wealth Partners LLC now owns 36,918 shares of the software maker’s stock worth $576,000 after purchasing an additional 13,769 shares during the period. Schwab Charles Investment Management Inc. raised its position in shares of Actua by 4.6% during the fourth quarter. Schwab Charles Investment Management Inc. now owns 139,645 shares of the software maker’s stock worth $2,179,000 after purchasing an additional 6,084 shares during the period. GSA Capital Partners LLP raised its position in shares of Actua by 11.7% during the third quarter. GSA Capital Partners LLP now owns 53,235 shares of the software maker’s stock worth $814,000 after purchasing an additional 5,570 shares during the period. PEAK6 Investments L.P. raised its position in shares of Actua by 366.3% during the third quarter. PEAK6 Investments L.P. now owns 86,438 shares of the software maker’s stock worth $1,323,000 after purchasing an additional 67,902 shares during the period. Finally, OxFORD Asset Management LLP raised its position in shares of Actua by 15.3% during the third quarter. OxFORD Asset Management LLP now owns 112,863 shares of the software maker’s stock worth $1,721,000 after purchasing an additional 14,971 shares during the period. 72.43% of the stock is currently owned by institutional investors.

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Actua Company 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), 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.

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