AZTR receives NYSE delisting warning over equity requirement
acv auctions inc. (NASDAQ:ACVA) vice president, corporate controller & CAO, Andrew Peer, sold 1,750 shares of common stock on September 15, 2025, for a total of $17,692. The shares were sold at a weighted average price of $10.11, in a range from $10.01 to $10.20.
On the same day, Peer also exercised options to acquire 1,750 shares of ACV Auctions at an exercise price of $2, totaling $3,500. According to InvestingPro analysis, ACVA appears undervalued at its current market capitalization of $1.73 billion.
The sale was executed under a Rule 10b5-1 trading plan, which was entered into on June 11, 2025. Following the transaction, Peer directly owns 56,750 shares of ACVA. For deeper insights into ACVA’s valuation and 13 additional key metrics, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, ACV Auctions reported second-quarter revenue of $193.7 million, reflecting a 20.6% increase year-over-year but falling 1.2% short of Street estimates. The company sold 210,400 units during the quarter, marking a 12.8% increase, though this figure was 4.1% below analyst expectations. Following these results, Stephens reduced its price target for ACV Auctions to $11.50 from $16.00, maintaining an Equal Weight rating. Meanwhile, Needham adjusted its price target to $16.00 from $25.00, citing slower growth but retaining a Buy rating. Citizens JMP also lowered its price target to $18.00 from $20.00, maintaining a Market Outperform rating. Piper Sandler reiterated an Overweight rating with a $20.00 price target, attributing recent stock weakness to temporary market dynamics, including unexpected tariff impacts. These developments highlight the varying perspectives among analysts regarding ACV Auctions’ performance and future outlook.
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