Robert Goodman's significant stock purchase at ACV Auctions and the implications for the company's future performance.

Robert Goodman, an Independent Director at ACV Auctions, has purchased a significant amount of stock, increasing his holding by 233% to $5.1m. This recent purchase is the largest insider purchase in the last year, but the shares were bought at a lower price than the current market value, so it does not necessarily indicate the insider's opinion on the current share price. Insider ownership of the company is 2.1%, which is relatively low, but the insider transactions suggest alignment between insiders and other shareholders.