BidaskClub upgraded shares of Actua (NASDAQ:ACTA) from a strong sell rating to a sell rating in a research report released on Thursday.

Other equities analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Actua from a hold rating to a sell rating in a research note on Tuesday, August 15th. ValuEngine raised shares of Actua from a sell rating to a hold rating in a research note on Tuesday, September 26th. Finally, Barrington Research downgraded shares of Actua from an outperform rating to a market perform rating in a research note on Wednesday, October 4th.

Actua (NASDAQ ACTA) traded down $0.10 during mid-day trading on Thursday, hitting $15.45. 104,700 shares of the stock traded hands, compared to its average volume of 150,209. Actua has a 12-month low of $11.85 and a 12-month 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 (EPS) for the quarter, missing the Thomson Reuters’ 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 prior year, the company posted ($0.04) EPS. sell-side analysts forecast that Actua will post -0.59 EPS for the current fiscal year.

In other news, CFO Raymond Kirk Morgan sold 1,687 shares of the stock in a transaction 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 completion of the sale, the chief financial officer now directly owns 153,673 shares in the company, valued at $2,374,247.85. The transaction was disclosed in a filing with the SEC, which is available at this link. Over the last quarter, insiders have sold 5,061 shares of company stock valued at $72,794. 10.20% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. acquired a new stake in shares of Actua during the third quarter worth $141,000. Trexquant Investment LP acquired a new stake in shares of Actua during the second quarter worth $149,000. Tudor Investment Corp ET AL acquired a new stake in shares of Actua during the second quarter worth $162,000. Bank of America Corp DE increased its position in shares of Actua by 14.2% during 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 during the period. Finally, Numeric Investors LLC acquired a new stake in shares of Actua during the second quarter worth $191,000. Institutional investors 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.

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