ACV Auctions Inc’s recently made public that its Chief Financial Officer ZERELLA WILLIAM unloaded Company’s shares for reported $0.61 million on Oct 15 ’24. In the deal valued at $18.79 per share,32,500 shares were sold. As a result of this transaction, ZERELLA WILLIAM now holds 490,482 shares worth roughly $8.66 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Waterman Michael sold 18,001 shares, generating $338,239 in total proceeds. Upon selling the shares at $18.79, the Chief Sales Officer now owns 337,190 shares.
Before that, MICHAEL WATERMAN bought 18,001 shares. ACV Auctions Inc shares valued at $337,519 were divested by the Officer at a price of $18.75 per share.
A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early June from “a Neutral” to “an Overweight”. Northcoast also remained covering ACVA and has increased its forecast on January 10, 2024 with a “Buy” recommendation from previously “Neutral” rating. B. Riley Securities started covering the stock on July 20, 2023. It rated ACVA as “a Buy”.
Price Performance Review of ACVA
On Monday, ACV Auctions Inc [NASDAQ:ACVA] saw its stock jump 0.57% to $17.66. Over the last five days, the stock has lost -5.00%. ACV Auctions Inc shares have risen nearly 16.57% since the year began. Nevertheless, the stocks have risen 32.28% over the past one year. While a 52-week high of $21.10 was reached on 09/26/24, a 52-week low of $12.84 was recorded on 02/02/24. SMA at 50 days reached $19.15, while 200 days put it at $17.65.
Levels Of Support And Resistance For ACVA Stock
The 24-hour chart illustrates a support level at 17.47, which if violated will result in even more drops to 17.28. On the upside, there is a resistance level at 17.87. A further resistance level may holdings at 18.08. The Relative Strength Index (RSI) on the 14-day chart is 34.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.82, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.18%. Stochastics %K at 7.17% indicates the stock is a buying.
How much short interest is there in ACV Auctions Inc?
A steep rise in short interest was recorded in ACV Auctions Inc stocks on 2024-10-15, growing by 0.41 million shares to a total of 8.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 7.86 million shares. There was a rise of 5.0%, which implies that there is a positive sentiment for the stock.
