In a filing, ACV Auctions Inc revealed its Chief Sales Officer Waterman Michael unloaded Company’s shares for reported $1.87 million on Mar 25 ’25. In the deal valued at $16.10 per share,115,987 shares were sold. As a result of this transaction, Waterman Michael now holds 327,564 shares worth roughly $4.63 million.
Then, MICHAEL WATERMAN bought 115,987 shares, generating $1,856,952 in total proceeds.
Before that, Chamoun George sold 348,249 shares. ACV Auctions Inc shares valued at $5,342,140 were divested by the Chief Executive Officer at a price of $15.34 per share. As a result of the transaction, Chamoun George now holds 2,821,193 shares, worth roughly $39.86 million.
Piper Sandler upgraded its ACV Auctions Inc [ACVA] rating to an Overweight from a a Neutral in a research note published on March 20, 2025; the price target was increased to $20 from $18. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid March from “a Neutral” to “a Buy”. Stephens began covering ACVA with “an Equal-weight” recommendation on January 22, 2025.
Price Performance Review of ACVA
On Friday, ACV Auctions Inc [NYSE:ACVA] saw its stock fall -3.22% to $14.13. Over the last five days, the stock has lost -7.71%. ACV Auctions Inc shares have fallen nearly -34.58% since the year began. Nevertheless, the stocks have fallen -23.83% 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 $18.06, while 200 days put it at $19.00.
Levels Of Support And Resistance For ACVA Stock
The 24-hour chart illustrates a support level at 13.76, which if violated will result in even more drops to 13.39. On the upside, there is a resistance level at 14.52. A further resistance level may holdings at 14.91. The Relative Strength Index (RSI) on the 14-day chart is 38.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.49%. Stochastics %K at 51.01% 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.
