Dimensional Fund Advisors LP Increases Holdings in Actua Corp (NASDAQ:ACTA)

Dimensional Fund Advisors LP increased its position in shares of Actua Corp (NASDAQ:ACTA) by 0.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,688,429 shares of the software maker’s stock after acquiring an additional 18,687 shares during the period. Dimensional Fund Advisors LP owned approximately 8.22% of Actua worth $41,133,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Schwab Charles Investment Management Inc. grew its holdings in Actua by 0.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 127,085 shares of the software maker’s stock worth $1,786,000 after acquiring an additional 703 shares during the period. Voya Investment Management LLC grew its holdings in Actua by 7.2% during the second quarter. Voya Investment Management LLC now owns 24,084 shares of the software maker’s stock worth $338,000 after acquiring an additional 1,608 shares during the period. Parametric Portfolio Associates LLC grew its holdings in Actua by 5.4% during the second quarter. Parametric Portfolio Associates LLC now owns 53,963 shares of the software maker’s stock worth $758,000 after acquiring an additional 2,747 shares during the period. Swiss National Bank grew its holdings in Actua by 14.5% during the second quarter. Swiss National Bank now owns 59,200 shares of the software maker’s stock worth $832,000 after acquiring an additional 7,500 shares during the period. Finally, Russell Investments Group Ltd. acquired a new position in Actua during the third quarter worth about $141,000. 72.43% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms recently issued reports on ACTA. Zacks Investment Research raised Actua from a “sell” rating to a “hold” rating in a report on Tuesday, January 16th. BidaskClub lowered Actua from a “sell” rating to a “strong sell” rating in a report on Tuesday, January 16th.

In related news, CFO Raymond Kirk Morgan sold 1,687 shares of Actua stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $15.45, for a total value of $26,064.15. Following the transaction, the chief financial officer now owns 153,673 shares of the company’s stock, valued at approximately $2,374,247.85. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 5,061 shares of company stock worth $78,614 in the last three months. 10.20% of the stock is currently owned by company insiders.

Actua Corp (NASDAQ ACTA) traded down $14.70 during trading hours on Friday, reaching $0.85. The company had a trading volume of 3,333,992 shares, compared to its average volume of 669,439. The firm has a market capitalization of $510.47 and a price-to-earnings ratio of 0.37. Actua Corp has a 1 year low of $0.75 and a 1 year high of $16.05.

Actua (NASDAQ:ACTA) last issued its quarterly earnings results on Thursday, November 9th. The software maker reported ($0.19) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.14) by ($0.05). Actua had a negative return on equity of 5.80% and a net margin of 67.78%. During the same period in the previous year, the firm posted ($0.04) earnings per share. research analysts anticipate that Actua Corp will post -1.01 EPS for the current year.

The business also recently declared a special dividend, which was paid on Thursday, February 1st. Investors of record on Monday, January 29th were paid a $14.89 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This represents a yield of 0.939432176656152%.

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Actua 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), 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.

Institutional Ownership by Quarter for Actua (NASDAQ:ACTA)

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