Actua Corporation (NASDAQ:ACTA) posted its quarterly earnings data on Wednesday. The software maker reported ($0.14) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.01, Morningstar.com reports. The company had revenue of $31.19 million during the quarter, compared to analysts’ expectations of $31.57 million. Actua Corporation had a net margin of 60.05% and a negative return on equity of 6.45%. The firm’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period in the prior year, the company posted ($0.35) EPS.

Actua Corporation (ACTA) traded up 2.50% during trading on Thursday, reaching $12.30. 92,501 shares of the company were exchanged. The firm has a market cap of $391.28 million, a price-to-earnings ratio of 5.82 and a beta of 1.62. The firm has a 50-day moving average of $13.73 and a 200-day moving average of $13.96. Actua Corporation has a 52-week low of $9.42 and a 52-week high of $15.28.

A number of large investors have recently made changes to their positions in ACTA. Credit Suisse AG boosted its stake in shares of Actua Corporation by 71.7% in the first quarter. Credit Suisse AG now owns 122,794 shares of the software maker’s stock worth $1,725,000 after buying an additional 51,298 shares in the last quarter. Bank of America Corp DE boosted its stake in shares of Actua Corporation by 14.2% in the first quarter. Bank of America Corp DE now owns 11,671 shares of the software maker’s stock worth $164,000 after buying an additional 1,455 shares in the last quarter. Schwab Charles Investment Management Inc. boosted its stake in shares of Actua Corporation by 5.3% in the first quarter. Schwab Charles Investment Management Inc. now owns 126,382 shares of the software maker’s stock worth $1,776,000 after buying an additional 6,327 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Actua Corporation by 0.3% in the first quarter. Renaissance Technologies LLC now owns 663,919 shares of the software maker’s stock worth $9,328,000 after buying an additional 1,800 shares in the last quarter. Finally, Citadel Advisors LLC boosted its stake in shares of Actua Corporation by 86.5% in the first quarter. Citadel Advisors LLC now owns 52,629 shares of the software maker’s stock worth $739,000 after buying an additional 24,409 shares in the last quarter. Institutional investors and hedge funds own 73.98% of the company’s stock.

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Several brokerages have recently commented on ACTA. BidaskClub lowered shares of Actua Corporation from a “sell” rating to a “strong sell” rating in a research note on Tuesday. Zacks Investment Research upgraded shares of Actua Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 4th.

Actua Corporation 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.

Earnings History for Actua Corporation (NASDAQ:ACTA)

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