Actua Corp (NASDAQ:ACTA) CFO Raymond Kirk Morgan sold 1,687 shares of Actua stock in a transaction on Wednesday, December 13th. The shares were 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 89,544 shares of the company’s stock, valued at approximately $1,383,454.80. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Raymond Kirk Morgan also recently made the following trade(s):

  • On Tuesday, November 14th, Raymond Kirk Morgan sold 1,687 shares of Actua stock. The shares were sold at an average price of $15.45, for a total transaction of $26,064.15.
  • On Tuesday, October 17th, Raymond Kirk Morgan sold 1,687 shares of Actua stock. The shares were sold at an average price of $15.60, for a total transaction of $26,317.20.
  • On Tuesday, September 19th, Raymond Kirk Morgan sold 1,687 shares of Actua stock. The shares were sold at an average price of $12.10, for a total transaction of $20,412.70.

Actua Corp (NASDAQ:ACTA) traded up $0.10 during trading on Monday, hitting $15.60. 464,800 shares of the stock were exchanged, compared to its average volume of 150,905. Actua Corp has a fifty-two week low of $11.85 and a fifty-two week high of $15.95.

Actua (NASDAQ:ACTA) last released its quarterly earnings results on Thursday, November 9th. The software maker reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates 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 prior year, the company posted ($0.04) EPS. sell-side analysts forecast that Actua Corp will post -1.01 earnings per share for the current fiscal year.

A number of equities research analysts have issued reports on ACTA shares. ValuEngine lowered shares of Actua from a “hold” rating to a “sell” rating in a research note on Wednesday, September 13th. Zacks Investment Research raised shares of Actua from a “sell” rating to a “hold” rating in a research note on Thursday, August 31st. Barrington Research lowered shares of Actua from an “outperform” rating to a “market perform” rating in a research note on Wednesday, October 4th. Finally, BidaskClub downgraded shares of Actua from a “sell” rating to a “strong sell” rating in a report on Saturday, August 26th.

Several institutional investors have recently added to or reduced their stakes in ACTA. Russell Investments Group Ltd. bought a new position in shares of Actua during the 3rd quarter valued at $141,000. Trexquant Investment LP bought a new position in shares of Actua during the 2nd quarter valued at $149,000. Tudor Investment Corp ET AL bought a new position in Actua in the 2nd quarter worth $162,000. Bank of America Corp DE raised its holdings in Actua by 14.2% in the 1st quarter. Bank of America Corp DE now owns 11,671 shares of the software maker’s stock worth $164,000 after acquiring an additional 1,455 shares during the period. Finally, Numeric Investors LLC bought a new position in Actua in the 2nd quarter worth $191,000. Institutional investors and hedge funds own 72.53% of the company’s stock.

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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), 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.

Insider Buying and Selling by Quarter for Actua (NASDAQ:ACTA)

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