Trade Summary
1 month ago, Waterman Michael, serving as Chief Sales Officer at Acv Auctions Inc. (ACVA), purchased 214,600 shares at $4.66 per share, for a total transaction value of $1,000,036.00. Following this transaction, Waterman Michael now holds 569,102 shares of ACVA.
This purchase represents a 61.00% increase in Waterman Michael's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, February 26, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 2, 2026, 4 days after the trade was made.
Acv Auctions Inc. operates in the CONSUMER CYCLICAL sector, specifically within the AUTO & TRUCK DEALERSHIPS industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.