ACV AuctionsACVA
Market Cap: $3.03B
About: ACV Auctions Inc is a mobile platform for wholesale car auctions. It provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.
Employees: 2,170
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
279% more call options, than puts
Call options by funds: $2.39M | Put options by funds: $631K
36% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 58
29% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 21
3% more funds holding
Funds holding: 190 [Q1] → 196 (+6) [Q2]
1% more capital invested
Capital invested by funds: $2.75B [Q1] → $2.77B (+$21.6M) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 12 [Q1] → 12 (+0) [Q2]
1.28% less ownership
Funds ownership: 103.91% [Q1] → 102.63% (-1.28%) [Q2]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
4 analyst ratings
Barrington Research Gary Prestopino 46% 1-year accuracy 44 / 96 met price target | 27%upside $23 | Outperform Maintained | 16 Aug 2024 |
Barrington Research Gary Prestopino 46% 1-year accuracy 44 / 96 met price target | 27%upside $23 | Outperform Maintained | 5 Aug 2024 |
JMP Securities Nicholas Jones 63% 1-year accuracy 41 / 65 met price target | 16%upside $21 | Market Outperform Reiterated | 10 Jul 2024 |
JP Morgan Rajat Gupta 69% 1-year accuracy 18 / 26 met price target | 16%upside $21 | Overweight Upgraded | 10 Jun 2024 |
Financial journalist opinion
Based on 3 articles about ACVA published over the past 30 days