Swiss National Bank held its stake in shares of Actua Corp. (NASDAQ:ACTA) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,600 shares of the company’s stock at the end of the second quarter. Swiss National Bank owned about 0.15% of Actua Corp. worth $520,000 as of its most recent filing with the SEC.
A number of other large investors also recently made changes to their positions in ACTA. Boothbay Fund Management LLC raised its stake in shares of Actua Corp. by 8.9% in the first quarter. Boothbay Fund Management LLC now owns 14,049 shares of the company’s stock worth $127,000 after buying an additional 1,148 shares in the last quarter. Royal Bank of Canada raised its stake in shares of Actua Corp. by 12,162.6% in the first quarter. Royal Bank of Canada now owns 19,007 shares of the company’s stock worth $172,000 after buying an additional 18,852 shares in the last quarter. BlackRock Group LTD raised its stake in shares of Actua Corp. by 10.0% in the first quarter. BlackRock Group LTD now owns 187,065 shares of the company’s stock worth $1,693,000 after buying an additional 17,021 shares in the last quarter. Kalmar Investments Inc. DE raised its stake in shares of Actua Corp. by 31.8% in the second quarter. Kalmar Investments Inc. DE now owns 248,012 shares of the company’s stock worth $2,240,000 after buying an additional 59,796 shares in the last quarter. Finally, Royce & Associates LP raised its stake in shares of Actua Corp. by 47.8% in the first quarter. Royce & Associates LP now owns 301,983 shares of the company’s stock worth $2,733,000 after buying an additional 97,634 shares in the last quarter. Institutional investors and hedge funds own 74.47% of the company’s stock.
Actua Corp. (NASDAQ:ACTA) traded down 1.01% during midday trading on Friday, hitting $11.72. The stock had a trading volume of 68,015 shares. The firm has a 50-day moving average of $11.26 and a 200 day moving average of $9.95. Actua Corp. has a 52-week low of $7.28 and a 52-week high of $14.92. The firm’s market capitalization is $431.46 million.
Actua Corp. (NASDAQ:ACTA) last issued its quarterly earnings data on Thursday, August 4th. The company reported ($0.10) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.10). The company had revenue of $36.71 million for the quarter, compared to analyst estimates of $37.25 million. Actua Corp. had a negative net margin of 66.21% and a negative return on equity of 11.06%. Actua Corp.’s revenue was up 9.5% compared to the same quarter last year. During the same period last year, the company posted ($0.41) earnings per share. On average, equities analysts forecast that Actua Corp. will post ($0.38) EPS for the current year.
Separately, Zacks Investment Research upgraded shares of Actua Corp. from a “sell” rating to a “hold” rating in a research note on Wednesday, July 6th.
In other Actua Corp. news, CFO Raymond Kirk Morgan sold 5,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 17th. The shares were sold at an average price of $9.65, for a total value of $48,250.00. Following the completion of the sale, the chief financial officer now directly owns 225,848 shares in the company, valued at $2,179,433.20. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 9.80% of the stock is currently owned by company insiders.
About Actua Corp.
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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