Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ACV Auctions Inc shares valued at $3,796,610 were sold by Waterman Michael on May 13 ’25. At $17.00 per share, Waterman Michael sold 223,330 shares. The insider’s holdings dropped to 466,548 shares worth approximately $7.8 million following the completion of this transaction.
Also, MICHAEL G WATERMAN purchased 223,330 shares, netting a total of over 3,751,944 in proceeds.
Before that, Peer Andrew had sold 10,261 shares from its account. In a trade valued at $176,284, the VP, Corporate Controller & CAO traded ACV Auctions Inc shares for $17.18 each. Upon closing the transaction, the insider’s holdings decreased to 10,261 shares, worth approximately $1.01 million.
As published in a research note from Piper Sandler on March 20, 2025, ACV Auctions Inc [ACVA] has been rated up from a Neutral to an Overweight and the price target has been revised to $20 from $18. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of January 22, 2025, Stephens has initiated its “an Equal-weight” rating for ACVA.
Analyzing ACVA Stock Performance
During the last five days, there has been a drop of approximately -0.18%. Over the course of the year, ACV Auctions Inc shares have dropped approximately -22.59%. Shares of the company reached a 52-week high of $22.47 on 01/22/25 and a 52-week low of $11.88 on 04/04/25.
Support And Resistance Levels for ACV Auctions Inc (ACVA)
According to the 24-hour chart, there is a support level at 16.60, which, if violated, would cause prices to drop to 16.47. In the upper region, resistance lies at 16.93. The next price resistance is at 17.13. RSI (Relative Strength Index) is 59.05 on the 14-day chart, showing neutral technical sentiment.
