ACVA stock icon

ACV Auctions
ACVA

$18.24
3.49%
 

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

0
Funds holding %
of 6,689 funds
0
Analysts bullish %
of 13 analysts
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

477% more call options, than puts

Call options by funds: $5.66M | Put options by funds: $980K

35% more capital invested

Capital invested by funds: $2.01B [Q4 2023] → $2.71B (+$708M) [Q1 2024]

33% more funds holding in top 10

Funds holding in top 10: 9 [Q4 2023] → 12 (+3) [Q1 2024]

5.33% more ownership

Funds ownership: 97.26% [Q4 2023] → 102.59% (+5.33%) [Q1 2024]

1% less repeat investments, than reductions

Existing positions increased: 67 | Existing positions reduced: 68

6% less funds holding

Funds holding: 198 [Q4 2023] → 187 (-11) [Q1 2024]

34% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 32

Research analyst outlook

13 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$16
12%
downside
Avg. target
$21
17%
upside
High target
$23
26%
upside

13 analyst ratings

12 positive
92%
neutral
8%
negative
0%
JP Morgan
Rajat Gupta
15%upside
$21
Overweight
Upgraded
10 Jun 2024
JMP Securities
Nicholas Jones
15%upside
$21
Market Outperform
Maintained
7 Jun 2024
Needham
Chris Pierce
26%upside
$23
Buy
Reiterated
3 Jun 2024
Needham
Chris Pierce
26%upside
$23
Buy
Reiterated
16 May 2024
Barrington Research
Gary Prestopino
26%upside
$23
Outperform
Maintained
13 May 2024

Financial journalist opinion