CEO George Chamoun bought 24,272 shares of ACVA at $5.05 as stock down 70.7% from 52-week high
Chamoun purchased 24,272 shares at $5.05 on 2026-03-09, adding to his position of 2.95M shares in a company trading -70.7% from its 52-week high of $17.04. His recent buying pattern at ACVA shows mixed outcomes: his two prior buys at this ticker (2026-02-09 and 2026-01-12) both declined significantly 30 days after purchase (-31.5% and -18.3% respectively), though an earlier December 2025 buy posted a +10.9% 30-day return. His cross-ticker track record shows only 3 prior buys with an average 30-day return of -13.0%, suggesting open-market purchases have historically underperformed. ACVA remains unprofitable with negative $-24.5M net income in the latest quarter, and the stock has declined -31.5% over the past 30 days and -38.3% over 90 days, providing context for the severely depressed entry price relative to recent trading range.