Vikas  Mehta net worth and biography

Vikas Mehta Biography and Net Worth

COO of ACV Auctions

A strategic business leader with nearly two decades of experience managing internet marketplaces around the globe, Vikas joined ACV in 2019 as Chief Operating Officer. In his role, Vikas manages tactical and strategic operations at ACV, where his teams are relentlessly focused on delivering the best customer experience every day.

Prior to joining ACV, Vikas held several leadership roles in North America and Europe at eBay for over a decade. These included launching and running the payments initiative for North America, growing the German consumer marketplace, overseeing and scaling operations for Canada’s largest classifieds site Kijiji, seeding and blitz-scaling classifieds businesses in Italy, Belgium, and Turkey, and overseeing a global technology program that supported 20+ markets. Prior to joining eBay, Vikas ran a technology program and sourcing strategy for Allstate’s independent agent business unit.

Vikas received a bachelor's degree in Engineering from the University of Florida and two master's degrees from Massachusetts Institute of Technology, including a degree in technology policy. Outside of the office, he enjoys spending time with his wife and three children, reading, and a wide variety of sports.

What is Vikas Mehta's net worth?

The estimated net worth of Vikas Mehta is at least $7.61 million as of September 10th, 2024. Mr. Mehta owns 432,457 shares of ACV Auctions stock worth more than $7,606,919 as of October 28th. This net worth estimate does not reflect any other investments that Mr. Mehta may own. Additionally, Mr. Mehta receives an annual salary of $909,320.00 as COO at ACV Auctions. Learn More about Vikas Mehta's net worth.

How old is Vikas Mehta?

Mr. Mehta is currently 47 years old. There are 6 older executives and no younger executives at ACV Auctions. The oldest executive at ACV Auctions is Mr. William R. Zerella, Chief Financial Officer, who is 66 years old. Learn More on Vikas Mehta's age.

What is Vikas Mehta's salary?

As the COO of ACV Auctions Inc., Mr. Mehta earns $909,320.00 per year. There are 2 executives that earn more than Mr. Mehta. The highest earning executive at ACV Auctions is Mr. George G. Chamoun, CEO & Director, who commands a salary of $1,230,000.00 per year. Learn More on Vikas Mehta's salary.

How do I contact Vikas Mehta?

The corporate mailing address for Mr. Mehta and other ACV Auctions executives is 640 ELLICOTT STREET SUITE 321, BUFFALO NY, 14203. ACV Auctions can also be reached via phone at 800-553-4070 and via email at [email protected]. Learn More on Vikas Mehta's contact information.

Has Vikas Mehta been buying or selling shares of ACV Auctions?

Vikas Mehta has not been actively trading shares of ACV Auctions during the last quarter. Most recently, Vikas Mehta sold 154,324 shares of the business's stock in a transaction on Tuesday, September 10th. The shares were sold at an average price of $19.19, for a transaction totalling $2,961,477.56. Following the completion of the sale, the chief operating officer now directly owns 432,457 shares of the company's stock, valued at $8,298,849.83. Learn More on Vikas Mehta's trading history.

Who are ACV Auctions' active insiders?

ACV Auctions' insider roster includes Craig Anderson (Insider), Kirsten Castillo (Director), George Chamoun (CEO), Robert Goodman (Director), Brian Hirsch (Director), Vikas Mehta (COO), Michael Waterman (Insider), and William Zerella (CFO). Learn More on ACV Auctions' active insiders.

Are insiders buying or selling shares of ACV Auctions?

During the last year, insiders at the sold shares 49 times. They sold a total of 3,510,194 shares worth more than $62,080,935.39. The most recent insider tranaction occured on October, 15th when CFO William Zerella sold 32,500 shares worth more than $610,675.00. Insiders at ACV Auctions own 8.5% of the company. Learn More about insider trades at ACV Auctions.

Information on this page was last updated on 10/15/2024.

Vikas Mehta Insider Trading History at ACV Auctions

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
9/10/2024Sell154,324$19.19$2,961,477.56432,457View SEC Filing Icon  
8/26/2024Sell8,395$19.21$161,267.95467,090View SEC Filing Icon  
8/23/2024Sell145,928$18.71$2,730,312.88468,505View SEC Filing Icon  
4/4/2024Sell13,399$18.55$248,551.45321,475View SEC Filing Icon  
4/2/2024Sell78,259$17.97$1,406,314.23321,475View SEC Filing Icon  
3/5/2024Sell333,497$18.62$6,209,714.14333,327View SEC Filing Icon  
2/22/2024Sell200,000$16.48$3,296,000.00319,036View SEC Filing Icon  
9/12/2023Sell50,000$16.21$810,500.00342,577View SEC Filing Icon  
6/13/2023Sell50,000$18.00$900,000.00354,429View SEC Filing Icon  
4/10/2023Sell82,748$12.08$999,595.84354,429View SEC Filing Icon  
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Vikas Mehta Buying and Selling Activity at ACV Auctions

This chart shows Vikas Mehta's buying and selling at ACV Auctions by year and by quarter.

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ACV Auctions Company Overview

ACV Auctions logo
ACV Auctions Inc. operates a digital marketplace that connects buyers and sellers for the online auction of wholesale vehicles. The company's marketplace platform includes digital marketplace, which connects buyers and sellers by providing online auction, which facilitates real-time transactions of wholesale vehicles; Run List for pre-filtering and pre-screening of vehicles up to 24 hours prior to an auction taking place; ACV transportation service to enable the buyers to see real-time transportation quotes and status reports of the vehicle; ACV capital, a short-term inventory financing services for buyers to purchase vehicles; and Go Green's seller assurance service for against claims related to defects in the vehicle. It also provides remarketing centers, which offers value-added services, such as vehicle reconditioning and storage for dealers and commercial partners. In addition, the company offers data services, including True360 report, which provides cosmetic and structural vehicle assessments integrated into vehicle history reports for dealer to make wholesale and retail transaction decisions on and off the marketplace; ACV market report provides transaction data and condition reports for comparable used vehicles, including pricing data from third-party sources and allows dealers to determine pricing and valuation strategies for used vehicles; and ACV MAX inventory management software enables dealers to manage their inventory and set pricing while turning vehicles. Further, it provides data and technology through inspection, such as condition reports, virtual lift solutions, apex device, and vehicle intelligence platform; and marketplace enablement, comprising MyACV application, private marketplaces, operations automation, live appraisals, and programmatic buying service. ACV Auctions Inc. was incorporated in 2014 and is headquartered in Buffalo, New York.
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Today's Range

Now: $17.59
Low: $17.49
High: $17.86

50 Day Range

MA: $19.17
Low: $17.56
High: $20.92

2 Week Range

Now: $17.59
Low: $12.84
High: $21.10

Volume

367,150 shs

Average Volume

1,193,533 shs

Market Capitalization

$2.90 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.56