ACV Auctions (ACVA)

• Market cap: $2.6B
• 1 day: -1.87%
• 5 days: 1.73%
• 1 month: 4.26%
• 3 months: -32.27%
• 6 months: -17.05%
• Year to date: -29.85%
• 1 year: -15.82%
• 5 years: -52.99%
• 10 years: -52.99%
• Sector: Consumer Discretionary
• Industry: Auto & Truck Dealerships

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 disclosures 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

25% more repeat investments, than reductions

Existing positions increased: 94 | Existing positions reduced: 75

13% more capital invested

Capital invested by funds: $3.15B [Q3] → $3.55B (+$398M) [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]

1.93% more ownership

Funds ownership: 101.97% [Q3] → 103.9% (+1.93%) [Q4]

Research analyst outlook

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

• Low target: $18 23% upside
• Avg. target: $21 40% upside
• High target: $25 70% upside

5 analyst ratings

• positive: 5 100%
• neutral: 0 0%
• negative: 0 0%

JMP Securities Nicholas Jones 54% 1-year accuracy 45 / 84 met price target	23% upside $18	Market Outperform Maintained	9 Apr 2025
JP Morgan Rajat Gupta 61% 1-year accuracy 27 / 44 met price target	36% upside $20	Overweight Maintained	27 Mar 2025
Piper Sandler Alexander Potter 55% 1-year accuracy 11 / 20 met price target	36% upside $20	Overweight Upgraded	20 Mar 2025
Needham Chris Pierce 26% 1-year accuracy 19 / 72 met price target	70% upside $25	Buy Reiterated	12 Mar 2025
B of A Securities Curtis Nagle 29% 1-year accuracy 5 / 17 met price target	36% upside $20	Buy Upgraded	12 Mar 2025