ACV Auctions Inc (NYSE: ACVA) is -33.75% lower on its value in year-to-date trading and has touched a low of $11.88 and a high of $23.46 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ACVA stock was last observed hovering at around $13.91 in the last trading session, with the day’s gains setting it 0.4%.
Currently trading at $14.31, the stock is 0.35% and -9.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 2.88% at the moment leaves the stock -23.42% off its SMA200. ACVA registered -17.28% loss for a year compared to 6-month loss of -25.47%. The firm has a 50-day simple moving average (SMA 50) of $15.7162 and a 200-day simple moving average (SMA200) of $18.6823.
The stock witnessed a -6.53% gain in the last 1 month and extending the period to 3 months gives it a -35.69%, and is -0.21% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.82% over the week and 7.17% over the month.
ACV Auctions Inc (ACVA) has around 2900 employees, a market worth around $2.44B and $637.16M in sales. Fwd P/E is 22.41. Profit margin for the company is -12.51%. Distance from 52-week low is 20.45% and -38.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-13.28%).
with sales reaching $182.24M over the same period.The EPS is expected to grow by 247.54% this year, but quarterly earnings will post 21.47% year-over-year. Quarterly sales are estimated to grow 25.09% in year-over-year returns.
ACV Auctions Inc (ACVA) Top Institutional Holders
331.0 institutions hold shares in ACV Auctions Inc (ACVA), with institutional investors hold 100.21% of the company’s shares. The shares outstanding are 168.03M, and float is at 160.19M with Short Float at 8.18%. Institutions hold 97.10% of the Float.
The top institutional shareholder in the company is FMR LLC with over 17.32 million shares valued at $316.14 million. The investor’s holdings represent 10.5379% of the ACVA Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 13.26 million shares valued at $241.99 million to account for 8.0663 of the shares outstanding. The other top investors are ARROWMARK COLORADO HOLDINGS LLC which holds 12.63 million shares representing 7.6846% and valued at over $230.54 million, while BLACKROCK INC. holds 6.64 of the shares totaling 10.92 million with a market value of $199.2 million.
ACV Auctions Inc (ACVA) Insider Activity
The most recent transaction is an insider sale by Waterman Michael, the company’s Chief Sales Officer. SEC filings show that Waterman Michael sold 115,987 shares of the company’s common stock on Mar 25 ’25 at a price of $16.10 per share for a total of $1.87 million. Following the sale, the insider now owns 0.33 million shares.
Still, SEC filings show that on Mar 20 ’25, Chamoun George (Chief Executive Officer) disposed off 348,249 shares at an average price of $15.34 for $5.34 million. The insider now directly holds 2,821,193 shares of ACV Auctions Inc (ACVA).
