Quantinno Capital Management LP Buys 290,739 Shares of ACV Auctions Inc. $ACVA

Key Points

• Quantinno Capital Management increased its ACV Auctions stake by 215.8%, purchasing 290,739 shares to own 425,494 shares, or 0.24% of the company. Institutional investors collectively hold 88.55% of ACVA.
• ACV reported stronger-than-expected adjusted earnings of $0.06 per share and 10.5% year-over-year revenue growth to approximately $213.9 million. Management forecast third-quarter revenue of $219 million to $225 million and maintained its 2026 adjusted EBITDA outlook of $73 million to $77 million.
• Analyst sentiment remains mixed: Stephens upgraded ACVA to “overweight” with a $10.50 target, while Citizens JMP and Barclays downgraded the stock. The consensus rating is Hold, with an average price target of $9.35.

Quantinno Capital Management LP raised its stake in ACV Auctions Inc. (NYSE:ACVA - Free Report) by 215.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 425,494 shares of the company's stock after purchasing an additional 290,739 shares during the quarter. Quantinno Capital Management LP owned 0.24% of ACV Auctions worth $1,804,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Atreides Management LP grew its holdings in ACV Auctions by 125.2% during the fourth 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 in the last quarter. Wasatch Advisors LP lifted its stake 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 acquiring an additional 5,475,874 shares in the last quarter. Sunriver Management LLC purchased a new position in ACV Auctions during the 4th quarter worth $23,768,000. Arvin Capital Management LP boosted its holdings in ACV Auctions by 272.8% during the 4th quarter. Arvin Capital Management LP now owns 2,296,913 shares of the company's stock worth $18,421,000 after acquiring an additional 1,680,723 shares during the last quarter. Finally, Hawk Ridge Capital Management LP bought a new stake in shares of ACV Auctions in the 3rd quarter worth $14,502,000. Institutional investors own 88.55% of the company's stock.

ACV Auctions News Roundup

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.

ACV Auctions Stock Performance

Shares of ACVA stock opened at $7.27 on Wednesday. The firm's 50 day moving average is $7.02 and its 200 day moving average is $6.17. The stock has a market capitalization of $1.27 billion, a P/E ratio of -20.20 and a beta of 1.82. 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.

Analyst Ratings Changes

Several brokerages have recently commented on ACVA. Weiss Ratings upgraded shares of ACV Auctions from a "sell (e+)" rating to a "sell (d-)" rating in a report on Wednesday, August 5th. Barclays downgraded shares of ACV Auctions from an "equal weight" rating to an "underweight" rating and set a $8.00 price objective for the company. in a research report on Tuesday. Citizens Jmp lowered shares of ACV Auctions from an "outperform" rating to a "market perform" rating in a research note on Tuesday. Bank of America reissued an "underperform" rating on shares of ACV Auctions in a research report on Tuesday. Finally, Barrington Research upgraded ACV Auctions from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat, ACV Auctions presently has a consensus rating of "Hold" and an average price target of $9.35.

ACV Auctions Company 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.

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.

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