ACV Auctions Inc.
ACVA · NYSE · Consumer Cyclical / Auto & Truck Dealerships
Price History
Full chartMarket Stats
About
ACV Auctions Inc. provides a wholesale auction marketplace to facilitate business-to-business used vehicle sales between a selling and buying dealership. The company offers marketplace platform includes digital marketplace that connects buyers and sellers by providing auctions, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green customer assurance services for claims against defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage to facilitate auction business with commercial partners, such as fleet, rental car, and financial sector consignors. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software that enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, Apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.
Company Details
- SectorConsumer Cyclical
- IndustryAuto & Truck Dealerships
- CEOMr. George G. Chamoun
- Employees3.20K
- Headquarters640 Ellicott Street, Buffalo, NY, United States, 14203, USA
- Websitehttps://www.acvauto.com
Leadership
- Mr. George G. ChamounCEO & Director · b. 1976
- Mr. Vikas MehtaChief Operating Officer · b. 1977
- Ms. Leanne Fitzgerald J.D.Chief Legal and Administrative Officer & Secretary · b. 1966
- Mr. Michael WatermanChief Sales Officer · b. 1970
- Mr. Timothy M. FoxChief Financial Officer · b. 1965
- Mr. Andrew PeerPrincipal Accounting Officer · b. 1985
- Mr. Ross WinstonChief Technology Officer · b. 1972
- Ms. Maura DugganAssociate Director of Communications
- Mr. Craig Eric AndersonChief Corporate Development & Strategy Officer · b. 1978
- Ms. Sallie ReidChief People Officer
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy5
- Buy7
- Hold2
Ownership Breakdown
- Institutions
- 98.60%
- Insiders
- 4.72%
- Retail / Other
- 0.00%
Top Institutional Holders
- BlackRock Inc13.13M7.14%
- Atreides Management, LP9.90M5.38%
- Vanguard Capital Management, LLC7.24M3.93%
- Vanguard Portfolio Management, LLC7.17M3.90%
- Cramer Rosenthal McGlynn LLC6.01M3.27%
- Frontier Capital Management CO Inc5.81M3.16%
- Paradice Investment Management LLC5.02M2.73%
- Iridian Asset Management LLC4.58M2.49%
- UBS Group AG4.46M2.42%
- Point72 Asset Management, L.P.4.18M2.27%
- Geode Capital Management, LLC4.05M2.20%
- D. E. Shaw & Co LP3.88M2.11%
- State Street Corp3.86M2.10%
- RIMA MANAGEMENT, LLC3.53M1.92%
- Morgan Stanley - Brokerage Accounts2.94M1.60%
- Royce & Associates, LP2.66M1.45%
- Arvin Capital Management LP2.66M1.45%
Top Fund Holders
- Vanguard MStar Total Stk Mkt Idx Invest5.28M2.87%
- iShares Russell 2000 ETF4.39M2.39%
- Vanguard Small Cap Index3.81M2.07%