Dimensional Fund Advisors LP Sells 246,845 Shares of ACV Auctions Inc. $ACVA

Key Points

• Dimensional Fund Advisors reduced its ACV Auctions position by 24.2%, selling 246,845 shares in the first quarter and retaining 775,061 shares worth approximately $3.29 million. Institutional investors collectively own 88.55% of the company.
• ACVA shares were trading at $7.81, up 7.6%, with a market capitalization of about $1.36 billion. The stock remains below its one-year high of $12.21 but above its $4.07 low.
• Analyst views are mixed: Stephens upgraded ACVA to “overweight” with a $10.50 target, while Barclays and Citizens JMP downgraded the stock. The consensus rating is “Hold”, with an average price target of $9.35.

Dimensional Fund Advisors LP lessened its position in shares of ACV Auctions Inc. (NYSE:ACVA - Free Report) by 24.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 775,061 shares of the company's stock after selling 246,845 shares during the quarter. Dimensional Fund Advisors LP owned 0.45% of ACV Auctions worth $3,286,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fifth Third Bancorp boosted its stake in shares of ACV Auctions by 72.4% during the 4th quarter. Fifth Third Bancorp now owns 3,383 shares of the company's stock worth $27,000 after acquiring an additional 1,421 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in ACV Auctions by 2,573.8% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 3,770 shares of the company's stock worth $30,000 after acquiring an additional 3,629 shares in the last quarter. Larson Financial Group LLC raised its stake in ACV Auctions by 38,076.9% during the 4th quarter. Larson Financial Group LLC now owns 4,963 shares of the company's stock worth $40,000 after acquiring an additional 4,950 shares during the period. Farther Finance Advisors LLC lifted its holdings in ACV Auctions by 12,979.5% during the fourth quarter. Farther Finance Advisors LLC now owns 5,755 shares of the company's stock valued at $46,000 after purchasing an additional 5,711 shares in the last quarter. Finally, Chicago Partners Investment Group LLC purchased a new position in ACV Auctions during the first quarter valued at approximately $52,000. 88.55% of the stock is owned by hedge funds and other institutional investors.

ACV Auctions Stock Up 7.6%

NYSE ACVA opened at $7.81 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.47 and a current ratio of 1.47. The company has a market capitalization of $1.36 billion, a P/E ratio of -21.69 and a beta of 1.82. ACV Auctions Inc. has a one year low of $4.07 and a one year high of $12.21. The stock has a 50 day moving average price of $7.06 and a 200-day moving average price of $6.16.

Trending Headlines about ACV Auctions

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

• Positive Sentiment: Stephens upgraded ACV Auctions to “overweight” and set a $10.50 price target. The target implies substantial upside from the recent trading level and signals increased confidence in the company’s growth and execution prospects. Finviz
• Positive Sentiment: Management forecast third-quarter revenue of $219 million to $225 million and maintained its 2026 adjusted EBITDA outlook of $73 million to $77 million. Maintaining profitability guidance despite the quarterly revenue shortfall may be reassuring investors that cost controls and operating leverage remain on track. The company also announced the launch of ViPR, a new marketplace-related service that could support future growth. ACV forecasts third-quarter revenue and maintains EBITDA guidance
• Positive Sentiment: Reports that ACV Auctions is weighing strategic options are providing a potential catalyst. Such options could include transactions or other measures to enhance shareholder value, though no outcome has been confirmed. ACV Auctions strategic options report
• Neutral Sentiment: Citizens JMP downgraded the stock from “outperform” to “market perform,” partially offsetting Stephens’ bullish upgrade and highlighting disagreement among analysts about ACVA’s valuation and near-term outlook. Finviz
• Negative Sentiment: ACV Auctions missed second-quarter 2026 revenue estimates. The miss triggered a sharp earlier selloff and raises concerns about dealer activity, marketplace demand and the pace of growth, even as EBITDA performance was viewed favorably by some analysts. ACV Announces Second Quarter 2026 Results

Analyst Ratings Changes

ACVA has been the topic of a number of recent analyst reports. 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. Citizens Jmp cut ACV Auctions from an "outperform" rating to a "market perform" rating in a research report on Tuesday. Stephens raised ACV Auctions from an "equal weight" rating to an "overweight" rating and set a $10.50 target price on the stock in a research note on Tuesday. Weiss Ratings raised ACV Auctions from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 5th. Finally, Barrington Research raised ACV Auctions from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target 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.

Want to see what other hedge funds are holding ACVA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ACV Auctions Inc. (NYSE:ACVA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source