Quantinno Capital Management LP Raises Stock Position in ACV Auctions Inc. $ACVA

Quantinno Capital Management LP increased its position in shares of ACV Auctions Inc. (NYSE:ACVA) by 215.8% during the first quarter, HoldingsChannel.com reports. The fund owned 425,494 shares of the company’s stock after acquiring an additional 290,739 shares during the period. Quantinno Capital Management LP’s holdings in ACV Auctions were worth $1,804,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ACVA. Wealth Alliance LLC purchased a new position in shares of ACV Auctions during the 1st quarter valued at $60,000. Senvest Management LLC increased its holdings in shares of ACV Auctions by 9.0% in the first quarter. Senvest Management LLC now owns 3,530,785 shares of the company’s stock worth $14,971,000 after purchasing an additional 291,729 shares during the period. Renaissance Technologies LLC purchased a new stake in shares of ACV Auctions in the first quarter worth $815,000. Bollard Group LLC purchased a new stake in shares of ACV Auctions in the first quarter worth $115,000. Finally, Caxton Associates LLP bought a new stake in ACV Auctions during the first quarter valued at $130,000. 88.55% of the stock is currently owned by hedge funds and other institutional investors.

ACV Auctions Stock Up 0.2%

ACVA opened at $7.27 on Wednesday. ACV Auctions Inc. has a 12 month low of $4.07 and a 12 month high of $12.21. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average price is $7.02 and its 200-day moving average price is $6.17. The company has a market cap of $1.27 billion, a P/E ratio of -20.20 and a beta of 1.82.

Key Stories Impacting ACV Auctions

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

• Positive Sentiment: ACV reported second-quarter adjusted earnings of $0.06 per share, above the $0.05 consensus estimate. Revenue increased 10.5% year over year to approximately $213.9 million, while the company delivered stronger-than-expected adjusted EBITDA. ACV Auctions Inc. Q2 Earnings Top Estimates
• Positive Sentiment: Management forecast third-quarter revenue of $219 million to $225 million, broadly around analyst expectations, and maintained its 2026 adjusted EBITDA outlook at $73 million to $77 million. The company is also launching ViPR, a marketplace-services initiative that could support future growth. ACV Forecasts Q3 Revenue and Maintains 2026 EBITDA Outlook
• Positive Sentiment: Stephens upgraded ACVA from “equal weight” to “overweight” and assigned a $10.50 price target, implying substantial upside from the recent trading level.
• Positive Sentiment: A report that ACV is weighing strategic options helped fuel investor interest, although the report does not establish that a sale or other transaction will occur. ACV Auctions Weighing Strategic Options
• Neutral Sentiment: ACV appointed Tim Fox as chief financial officer, effective August 11, succeeding Bill Zerella. The leadership change may draw attention but was presented as a planned transition, with Zerella leaving to become CFO elsewhere. ACV Appoints Tim Fox as Chief Financial Officer
• Negative Sentiment: Quarterly revenue came in slightly below expectations, and some reports characterized the earnings release as a miss. MarketBeat reported a GAAP loss of $0.05 per share versus an expected $0.05 profit, highlighting that ACV remains unprofitable on a GAAP basis. ACV Auctions Quarterly Earnings Report
• Negative Sentiment: Citizens JMP downgraded ACVA from “market outperform” to “market perform,” creating a counterweight to Stephens’ bullish upgrade.

Analyst Ratings Changes

Several equities analysts recently commented on the company. Barrington Research upgraded ACV Auctions from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Barclays cut ACV Auctions from an “equal weight” rating to an “underweight” rating and set a $8.00 price target on the stock. in a report on Tuesday. Stephens upgraded ACV Auctions from an “equal weight” rating to an “overweight” rating and set a $10.50 price target for the company in a research report on Tuesday. Citizens Jmp lowered ACV Auctions from an “outperform” rating to a “market perform” rating in a report on Tuesday. Finally, Bank of America restated an “underperform” rating on shares of ACV Auctions in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.35.

ACV Auctions Profile

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.