Savers Value Village (NYSE:SVV) Shares Gap Down After Insider Selling

Savers Value Village, Inc. (NYSE:SVVGet Free Report) gapped down before the market opened on Wednesday following insider selling activity. The stock had previously closed at $11.80, but opened at $10.99. Savers Value Village shares last traded at $10.9520, with a volume of 2,246,453 shares.

Specifically, CEO Mark T. Walsh sold 100,000 shares of Savers Value Village stock in a transaction dated Monday, August 10th. The stock was sold at an average price of $12.20, for a total value of $1,220,000.00. Following the completion of the sale, the chief executive officer directly owned 47,363 shares in the company, valued at $577,828.60. The trade was a 67.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark T. Walsh sold 92,059 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $11.93, for a total transaction of $1,098,263.87. Following the transaction, the chief executive officer owned 47,363 shares in the company, valued at approximately $565,040.59. The trade was a 66.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other Savers Value Village news, CEO Mark T. Walsh sold 7,941 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $11.02, for a total transaction of $87,509.82. Following the transaction, the chief executive officer owned 47,363 shares of the company’s stock, valued at approximately $521,940.26. This trade represents a 14.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on SVV. Robert W. Baird lowered their price target on shares of Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a research report on Thursday, May 7th. Weiss Ratings reissued a “sell (d)” rating on shares of Savers Value Village in a research note on Tuesday, August 4th. Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. BTIG Research dropped their target price on Savers Value Village from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, May 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $11.00 target price on shares of Savers Value Village in a research report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $14.00.

Get Our Latest Report on Savers Value Village

Savers Value Village Stock Up 1.2%

The company has a 50-day moving average of $10.05 and a 200-day moving average of $9.25. The company has a current ratio of 0.79, a quick ratio of 0.59 and a debt-to-equity ratio of 1.64. The company has a market capitalization of $1.67 billion, a price-to-earnings ratio of 67.72 and a beta of 1.21.

Savers Value Village (NYSE:SVVGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Savers Value Village had a return on equity of 14.73% and a net margin of 1.42%.The business had revenue of $448.22 million during the quarter, compared to the consensus estimate of $449.00 million. During the same quarter last year, the company earned $0.14 earnings per share. The company’s quarterly revenue was up 7.4% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities analysts predict that Savers Value Village, Inc. will post 0.35 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Savers Value Village

Several hedge funds and other institutional investors have recently modified their holdings of SVV. AQR Capital Management LLC acquired a new stake in Savers Value Village in the 1st quarter worth approximately $120,000. Geode Capital Management LLC increased its stake in Savers Value Village by 5.6% during the 2nd quarter. Geode Capital Management LLC now owns 590,637 shares of the company’s stock valued at $6,025,000 after purchasing an additional 31,305 shares in the last quarter. Rhumbline Advisers raised its holdings in shares of Savers Value Village by 29.2% in the second quarter. Rhumbline Advisers now owns 41,623 shares of the company’s stock worth $425,000 after buying an additional 9,410 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Savers Value Village by 42.3% in the second quarter. American Century Companies Inc. now owns 42,256 shares of the company’s stock worth $431,000 after buying an additional 12,560 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its stake in shares of Savers Value Village by 2,266.3% during the second quarter. Russell Investments Group Ltd. now owns 39,163 shares of the company’s stock worth $399,000 after buying an additional 37,508 shares during the period. 98.78% of the stock is owned by hedge funds and other institutional investors.

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.

Further Reading

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