Several analysts have recently updated their ratings and price targets for Actua Corporation (NASDAQ: ACTA):

  • 10/10/2017 – Actua Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Actua Corporation is a multi-vertical cloud company. The Company brings the power of the cloud to vertical markets and processes, including insurance, public sector communications and compliance. It operates in two business segments: the core reporting segment and the venture reporting segment. The Company’s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. Actua Corporation, formerly known as ICG Group Inc Common Stock, is based in Radnor, Pennsylvania. “
  • 10/4/2017 – Actua Corporation was downgraded by analysts at Barrington Research from an “outperform” rating to a “market perform” rating.
  • 9/26/2017 – Actua Corporation was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 9/25/2017 – Actua Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Actua Corporation is a multi-vertical cloud company. The Company brings the power of the cloud to vertical markets and processes, including insurance, public sector communications and compliance. It operates in two business segments: the core reporting segment and the venture reporting segment. The Company’s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. Actua Corporation, formerly known as ICG Group Inc Common Stock, is based in Radnor, Pennsylvania. “
  • 9/19/2017 – Actua Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Actua Corporation is a multi-vertical cloud company. The Company brings the power of the cloud to vertical markets and processes, including insurance, public sector communications and compliance. It operates in two business segments: the core reporting segment and the venture reporting segment. The Company’s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. Actua Corporation, formerly known as ICG Group Inc Common Stock, is based in Radnor, Pennsylvania. “
  • 9/13/2017 – Actua Corporation was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 8/31/2017 – Actua Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Actua Corporation is a multi-vertical cloud company. The Company brings the power of the cloud to vertical markets and processes, including insurance, public sector communications and compliance. It operates in two business segments: the core reporting segment and the venture reporting segment. The Company’s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. Actua Corporation, formerly known as ICG Group Inc Common Stock, is based in Radnor, Pennsylvania. “
  • 8/26/2017 – Actua Corporation was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/15/2017 – Actua Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Actua Corporation is a multi-vertical cloud company. The Company brings the power of the cloud to vertical markets and processes, including insurance, public sector communications and compliance. It operates in two business segments: the core reporting segment and the venture reporting segment. The Company’s core reporting segment includes those companies in which its management provides strategic direction and management assistance. Its venture reporting segment includes companies to which it generally devote less capital than it does to its core companies and, therefore, in which it holds relatively smaller ownership stakes than it does in the core companies. Actua Corporation, formerly known as ICG Group Inc Common Stock, is based in Radnor, Pennsylvania. “
  • 8/14/2017 – Actua Corporation was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.

Actua Corporation (NASDAQ ACTA) traded down 0.95% during midday trading on Thursday, hitting $15.70. 166,205 shares of the stock traded hands. Actua Corporation has a one year low of $11.20 and a one year high of $15.95. The company has a market cap of $486.10 million, a PE ratio of 6.62 and a beta of 1.64. The company’s 50-day moving average is $13.46 and its 200-day moving average is $13.75.

Actua Corporation (NASDAQ:ACTA) last posted its quarterly earnings data on Wednesday, August 9th. The software maker reported ($0.14) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.15) by $0.01. Actua Corporation had a net margin of 67.78% and a negative return on equity of 5.42%. The firm had revenue of $31.19 million for the quarter, compared to the consensus estimate of $31.57 million. During the same period in the prior year, the firm posted ($0.35) EPS. The firm’s revenue was up 16.1% compared to the same quarter last year. Equities research analysts expect that Actua Corporation will post ($0.12) EPS for the current fiscal year.

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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