ACV Auctions (NYSE:ACVA) Downgraded by Citizens Jmp to Market Perform

ACV Auctions (NYSE:ACVA) was downgraded by equities research analysts at Citizens Jmp from an “outperform” rating to a “market perform” rating in a report issued on Tuesday.

ACVA has been the subject of a number of other research reports. Stephens raised shares of ACV Auctions to a “hold” rating in a research report on Monday, June 1st. Weiss Ratings upgraded shares of ACV Auctions from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Wednesday, August 5th. Barclays downgraded ACV Auctions from an “equal weight” rating to an “underweight” rating and set a $8.00 price target on the stock. in a research report on Tuesday. Barrington Research raised ACV Auctions from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Finally, Bank of America restated an “underperform” rating on shares of ACV Auctions in a research report on Tuesday. Two equities research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating, five have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, ACV Auctions currently has a consensus rating of “Hold” and an average target price of $10.23.

ACV Auctions Stock Performance

NYSE ACVA traded up $0.23 on Tuesday, reaching $7.49. The stock had a trading volume of 15,714,301 shares, compared to its average volume of 3,319,662. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 1.47. The firm has a fifty day moving average of $7.00 and a two-hundred day moving average of $6.18. ACV Auctions has a 1-year low of $4.07 and a 1-year high of $12.21. The company has a market cap of $1.31 billion, a P/E ratio of -21.41 and a beta of 1.82.

Institutional Trading of ACV Auctions

A number of institutional investors and hedge funds have recently bought and sold shares of ACVA. Atreides Management LP lifted its holdings in ACV Auctions by 125.2% during the 4th quarter. Atreides Management LP now owns 12,411,800 shares of the company’s stock worth $99,543,000 after buying an additional 6,901,010 shares during the period. Wasatch Advisors LP increased its position in ACV Auctions by 301.0% during the 2nd quarter. Wasatch Advisors LP now owns 7,295,400 shares of the company’s stock valued at $118,331,000 after purchasing an additional 5,475,874 shares during the period. Alliancebernstein L.P. raised its holdings in ACV Auctions by 14.1% during the 3rd quarter. Alliancebernstein L.P. now owns 6,332,313 shares of the company’s stock worth $62,753,000 after purchasing an additional 784,411 shares during the last quarter. Jennison Associates LLC lifted its position in shares of ACV Auctions by 1.5% in the 4th quarter. Jennison Associates LLC now owns 5,766,578 shares of the company’s stock worth $46,248,000 after purchasing an additional 87,959 shares during the period. Finally, State Street Corp boosted its stake in shares of ACV Auctions by 3.2% in the 4th quarter. State Street Corp now owns 3,853,014 shares of the company’s stock valued at $30,901,000 after purchasing an additional 119,079 shares during the last quarter. 88.55% of the stock is currently owned by institutional investors and hedge funds.

Key ACV Auctions News

Here are the key news stories impacting ACV Auctions this week:

• Positive Sentiment: ACV is reportedly considering “strategic options,” a development that could raise expectations for a potential sale, partnership, investment, or other transaction. The report is not confirmation that a deal will occur, but the possibility is a significant near-term catalyst. ACV Auctions soars on report that it is weighing strategic options
• Positive Sentiment: Management forecast third-quarter revenue of $219 million to $225 million, broadly consistent with the $223.6 million consensus estimate, and maintained its 2026 adjusted EBITDA target of $73 million to $77 million. The company is also launching ViPR, a new product that could support future growth and monetization. ACV forecasts Q3 revenue while launching ViPR
• Positive Sentiment: Second-quarter revenue rose 10.5% year over year to approximately $213.9 million. Zacks reported adjusted earnings of $0.06 per share, ahead of its $0.05 consensus estimate, indicating some underlying profitability progress despite mixed headline results. ACV Auctions Q2 Earnings Top Estimates
• Neutral Sentiment: Tim Fox, ACV’s vice president of investor relations and strategic finance, will become chief financial officer on August 11, succeeding Bill Zerella, who is leaving to become CFO elsewhere. Fox’s internal promotion may provide continuity, although the leadership transition warrants monitoring. ACV Appoints Tim Fox as Chief Financial Officer
• Negative Sentiment: Reported results were mixed: revenue of $213.94 million fell slightly short of the $214.93 million analyst estimate, while another earnings report cited a $0.05-per-share loss versus expectations for $0.05 of earnings. The modest revenue miss and continuing GAAP losses remain risks for valuation-sensitive investors. ACV Auctions misses Q2 revenue estimates

About ACV Auctions

ACV Auctions operates a digital marketplace designed to streamline the wholesale used-vehicle auction process for independent dealerships and larger automotive groups. The platform enables dealers to participate in live, online auctions, submit real-time bids, and access guaranteed-sale programs that reduce the risk of inventory moving. By replicating the dynamics of in-lane bidding in a virtual environment, ACV Auctions connects sellers and buyers across a broad geographic footprint without the need for physical auction attendance.

In addition to its core marketplace, ACV Auctions offers a suite of software tools and data-driven services aimed at improving transparency and decision-making in the remarketing process.