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ACV Auctions' shares surge 5.1% on insider director's significant stock purchase.
ByAinvest
Monday, Nov 17, 2025 2:29 pm ET1min read
Shares of ACV Auctions (NASDAQ:ACVA) rose 5.1% after director Brian Hirsch reported buying 80,571 shares of Class A common stock at a weighted average price of $6.21 per share. The substantial investment by a key insider was interpreted as a strong vote of confidence in the company's future prospects and current valuation. ACV Auctions' shares have been volatile, with 22 moves greater than 5% over the last year.
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