In a filing, ACV Auctions Inc revealed its Chief Financial Officer ZERELLA WILLIAM unloaded Company’s shares for reported $0.2 million on Mar 11 ’25. In the deal valued at $13.53 per share,15,000 shares were sold. As a result of this transaction, ZERELLA WILLIAM now holds 766,266 shares worth roughly $10.97 million.
Then, Waterman Michael sold 15,000 shares, generating $304,050 in total proceeds. Upon selling the shares at $20.27, the Chief Sales Officer now owns 311,354 shares.
Before that, ZERELLA WILLIAM sold 15,000 shares. ACV Auctions Inc shares valued at $309,450 were divested by the Chief Financial Officer at a price of $20.63 per share. As a result of the transaction, ZERELLA WILLIAM now holds 447,452 shares, worth roughly $6.4 million.
BofA Securities upgraded its ACV Auctions Inc [ACVA] rating to a Buy from a a Neutral in a research note published on March 12, 2025; the price target was decreased to $20 from $22. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in late January with a ‘”an Equal-weight”‘ rating. JP Morgan revised its rating on June 10, 2024. It rated ACVA as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of ACVA
On Friday, ACV Auctions Inc [NASDAQ:ACVA] saw its stock jump 2.21% to $14.31. Over the last five days, the stock has gained 1.42%. ACV Auctions Inc shares have fallen nearly -33.75% since the year began. Nevertheless, the stocks have fallen -18.74% over the past one year. While a 52-week high of $23.46 was reached on 01/22/25, a 52-week low of $12.77 was recorded on 03/11/25. SMA at 50 days reached $19.24, while 200 days put it at $19.14.
Levels Of Support And Resistance For ACVA Stock
The 24-hour chart illustrates a support level at 14.04, which if violated will result in even more drops to 13.77. On the upside, there is a resistance level at 14.70. A further resistance level may holdings at 15.08. The Relative Strength Index (RSI) on the 14-day chart is 30.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.08%. Stochastics %K at 27.13% indicates the stock is a holding.
How much short interest is there in ACV Auctions Inc?
A steep rise in short interest was recorded in ACV Auctions Inc stocks on 2025-02-28, growing by 1.37 million shares to a total of 10.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.75 million shares. There was a rise of 13.55%, which implies that there is a positive sentiment for the stock.
