ACV Auctions (ACVA)

• Market cap: $2.35B
• 1 day: -2.52%
• 5 days: -1.42%
• 1 month: -35.53%
• 3 months: -31.43%
• 6 months: -29.94%
• Year to date: -33.52%
• 1 year: -20.91%
• 5 years: -55.46%
• 10 years: -55.46%
• Sector: Industrials
• Industry: Business Services

About: ACV Auctions Inc is a mobile platform for wholesale car auctions. The company provides a digital marketplace for wholesale vehicle transactions and data services that offer transparent and accurate vehicle information for customers.

Employees: 2,900

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

972% more call options, than puts

Call options by funds: $3.66M | Put options by funds: $341K

76% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 29

22% more repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 76

10% more capital invested

Capital invested by funds: $3.22B [Q3] → $3.55B (+$334M) [Q4]

8% more funds holding

Funds holding: 230 [Q3] → 249 (+19) [Q4]

8% more funds holding in top 10

Funds holding in top 10: 13 [Q3] → 14 (+1) [Q4]

0.16% less ownership

Funds ownership: 104.06% [Q3] → 103.9% (-0.16%) [Q4]

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $20 44% upside
• Avg. target: $23 62% upside
• High target: $25 80% upside

4 analyst ratings

• positive: 3 75%
• neutral: 1 25%
• negative: 0 0%

Needham Chris Pierce 18% 1-year accuracy 13 / 74 met price target	80% upside $25	Buy Reiterated	12 Mar 2025
B of A Securities Curtis Nagle 6% 1-year accuracy 1 / 18 met price target	44% upside $20	Buy Upgraded	12 Mar 2025
Stephens & Co. Daniel Imbro 13% 1-year accuracy 4 / 31 met price target	44% upside $20	Equal-Weight Initiated	22 Jan 2025
JMP Securities Andrew Boone 48% 1-year accuracy 45 / 94 met price target	80% upside $25	Market Outperform Reiterated	16 Dec 2024