---
title: "Acacia Research Shareholders Back Directors and Governance Matters"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290889443.md"
description: "Acacia Research shareholders approved key governance matters at its June 23, 2026 virtual annual meeting. The vote included electing five directors to serve until 2027, ratifying Grant Thornton LLP as the independent auditor, and approving non-binding executive compensation. These results signal continued investor support for the company's leadership and financial oversight."
datetime: "2026-06-25T22:38:44.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290889443.md)
  - [en](https://longbridge.com/en/news/290889443.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290889443.md)
---

# Acacia Research Shareholders Back Directors and Governance Matters

Acacia Research ( (ACTG) ) has shared an update.

At its June 23, 2026 virtual annual meeting, Acacia Research Corporation reported that 86,674,540 shares were represented, establishing a quorum, and stockholders elected five directors, including Gavin Molinelli, Michelle Felman, Isaac T. Kohlberg, Martin D. McNulty Jr. and Maureen O’Connell, to serve until the 2027 annual meeting or until successors are chosen. Shareholders also ratified Grant Thornton LLP as the independent registered public accounting firm for the 2026 fiscal year and approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, signaling continued investor support for Acacia’s governance, financial oversight and leadership pay practices.

The most recent analyst rating on (ACTG) stock is a Buy  
with a $6.00 price target.  
To see the full list of analyst forecasts on Acacia Research stock,  
see the ACTG Stock Forecast page.

**Spark’s Take on ACTG Stock**

According to Spark, TipRanks’ AI Analyst, ACTG is a Neutral.

ACTG scores as a moderate setup driven primarily by strong solvency and decent current cash generation, partially offset by volatile/weak recent operating performance (sharp TTM revenue decline and net losses). Technicals are soft in the near term, and valuation is challenged by a negative P/E. The latest earnings call was mixed: improving operated businesses and liquidity strength, but continued GAAP/adjusted losses and episodic IP revenue keep risk elevated.

To see Spark’s full report on ACTG stock,  
click here.

**More about Acacia Research**

Acacia Research Corporation is a U.S. company whose common stock is widely held by public shareholders, with 96,589,132 shares outstanding as of April 28, 2026. The company is publicly traded and governed by a board of directors elected by stockholders, who also vote on executive compensation and the appointment of independent auditors.

**Average Trading Volume:** 243,639

**Technical Sentiment Signal:** Buy

**Current Market Cap:** $462.7M

For an in-depth examination of ACTG stock, go to TipRanks’ Overview page.

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