Richard Medway Sells 10,000 Shares of Savers Value Village (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVVGet Free Report) General Counsel Richard Medway sold 10,000 shares of Savers Value Village stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $10.48, for a total value of $104,800.00. Following the transaction, the general counsel owned 14,440 shares of the company’s stock, valued at approximately $151,331.20. This represents a 40.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Savers Value Village Trading Up 1.5%

Savers Value Village stock opened at $10.89 on Thursday. The firm has a market cap of $1.68 billion, a PE ratio of 77.79 and a beta of 1.21. Savers Value Village, Inc. has a 12 month low of $6.91 and a 12 month high of $13.89. The stock’s 50 day simple moving average is $9.77 and its two-hundred day simple moving average is $9.21. The company has a current ratio of 0.79, a quick ratio of 0.59 and a debt-to-equity ratio of 1.64.

Savers Value Village (NYSE:SVVGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported $0.02 earnings per share for the quarter, meeting the consensus estimate of $0.02. Savers Value Village had a net margin of 1.29% and a return on equity of 12.47%. The firm had revenue of $403.19 million during the quarter, compared to analyst estimates of $394.53 million. During the same period in the previous year, the firm earned $0.02 EPS. The business’s quarterly revenue was up 8.9% on a year-over-year basis. Analysts anticipate that Savers Value Village, Inc. will post 0.35 earnings per share for the current year.

Analyst Ratings Changes

SVV has been the subject of a number of analyst reports. BTIG Research decreased their price objective on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Weiss Ratings lowered Savers Value Village from a “sell (d+)” rating to a “sell (d)” rating in a research note on Thursday, May 7th. Piper Sandler cut their price target on Savers Value Village from $12.00 to $11.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Finally, Robert W. Baird reduced their price target on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $14.60.

Read Our Latest Stock Report on SVV

Institutional Trading of Savers Value Village

A number of institutional investors have recently made changes to their positions in the company. Western Standard LLC acquired a new position in Savers Value Village in the 4th quarter valued at $1,868,000. Militia Capital Management LLC acquired a new stake in Savers Value Village during the 1st quarter worth $2,858,000. Capital Research Global Investors boosted its stake in Savers Value Village by 72.9% during the 4th quarter. Capital Research Global Investors now owns 3,330,459 shares of the company’s stock worth $31,106,000 after purchasing an additional 1,403,909 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Savers Value Village by 33.4% in the first quarter. Renaissance Technologies LLC now owns 1,044,264 shares of the company’s stock valued at $7,769,000 after buying an additional 261,563 shares during the last quarter. Finally, UBS Group AG lifted its stake in shares of Savers Value Village by 53.4% in the fourth quarter. UBS Group AG now owns 297,748 shares of the company’s stock worth $2,781,000 after buying an additional 103,643 shares in the last quarter. 98.78% of the stock is owned by institutional investors and hedge funds.

Savers Value Village Company Profile

(Get Free Report)

Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.

At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.

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Insider Buying and Selling by Quarter for Savers Value Village (NYSE:SVV)

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