Media headlines about Actua Corporation (NASDAQ:ACTA) have been trending somewhat negative on Tuesday, according to Alpha One Sentiment. Alpha One, a unit of Accern, rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Actua Corporation earned a media sentiment score of -0.04 on Alpha One’s scale. Alpha One also assigned media headlines about the software maker an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the media headlines that may have effected Alpha One Sentiment Analysis’s analysis:
- Actua Corp. breached its 50 day moving average in a Bearish Manner : ACTA-US : June 19, 2017 (finance.yahoo.com)
- Actua : VelocityEHS to Address Post-GHS HazCom Deadline Confusion at ASSE Safety 2017 Conference (Compliance) (4-traders.com)
- Actua: Buybacks, Balance Sheet And Growing SaaS Business All Point To Upside (seekingalpha.com)
- Actua Corporation (NASDAQ:ACTA) Trading Up – Insiders Are Selling (highlightpress.com)
Shares of Actua Corporation (NASDAQ ACTA) opened at 14.40 on Tuesday. The stock’s 50 day moving average price is $14.11 and its 200-day moving average price is $14.08. Actua Corporation has a 52-week low of $8.56 and a 52-week high of $15.27. The stock has a market cap of $458.08 million, a price-to-earnings ratio of 6.82 and a beta of 1.63.
Actua Corporation (NASDAQ:ACTA) last posted its earnings results on Thursday, May 4th. The software maker reported ($0.06) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.01. The business had revenue of $30.50 million for the quarter, compared to analyst estimates of $29.43 million. Actua Corporation had a net margin of 60.05% and a negative return on equity of 6.45%. The business’s revenue was up 21.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.11) EPS. On average, analysts predict that Actua Corporation will post ($0.12) earnings per share for the current fiscal year.
ACTA has been the topic of a number of recent research reports. Zacks Investment Research lowered Actua Corporation from a “hold” rating to a “sell” rating in a research report on Wednesday, March 15th. Barrington Research reaffirmed an “outperform” rating and set a $17.00 price objective (up previously from $16.00) on shares of Actua Corporation in a research report on Friday, March 10th.
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In related news, CFO Raymond Kirk Morgan sold 7,307 shares of Actua Corporation stock in a transaction on Wednesday, April 19th. The shares were sold at an average price of $13.90, for a total transaction of $101,567.30. Following the transaction, the chief financial officer now owns 169,137 shares in the company, valued at approximately $2,351,004.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 9.80% of the company’s stock.
About Actua Corporation
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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