Savers Value Village, Inc. (NYSE:SVV – Get Free Report) was up 7.5% on Thursday. The company traded as high as $10.01 and last traded at $10.0480. 152,468 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 1,188,466 shares. The stock had previously closed at $9.35.
Analysts Set New Price Targets
A number of research analysts have weighed in on SVV shares. Piper Sandler lifted their price target on shares of Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Weiss Ratings raised Savers Value Village from a “sell (d)” rating to a “sell (d+)” rating in a report on Wednesday, September 2nd. JPMorgan Chase & Co. upped their price target on Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. Wells Fargo & Company started coverage on shares of Savers Value Village in a research report on Friday, September 18th. They set an “equal weight” rating and a $11.00 target price for the company. Finally, The Goldman Sachs Group reissued 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 equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Savers Value Village presently has an average rating of “Hold” and an average price target of $13.62.
Get Our Latest Stock Report on SVV
Savers Value Village Trading Up 8.1%
Savers Value Village (NYSE:SVV – Get Free Report) last issued its quarterly earnings data 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 14.58% and a net margin of 1.42%. The company had revenue of $448.22 million for the quarter, compared to analysts’ expectations of $449.00 million. During the same period in the previous year, the firm posted $0.14 earnings per share. The firm’s revenue for the quarter 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. Sell-side analysts forecast that Savers Value Village, Inc. will post 0.39 earnings per share for the current fiscal year.
Insider Buying and Selling at Savers Value Village
In related news, CFO Michael Maher sold 49,742 shares of Savers Value Village stock in a transaction dated Friday, August 7th. The shares were sold at an average price of $12.33, for a total transaction of $613,318.86. Following the completion of the sale, the chief financial officer owned 20,163 shares in the company, valued at $248,609.79. This trade represents a 71.16% decrease in their position. The sale was disclosed in a 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, insider Melinda L. Geisser sold 50,000 shares of the firm’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $12.03, for a total transaction of $601,500.00. Following the transaction, the insider directly owned 10,576 shares in the company, valued at approximately $127,229.28. This trade represents a 82.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 520,893 shares of company stock valued at $6,030,305. 3.46% of the stock is owned by company insiders.
Institutional Trading of Savers Value Village
Hedge funds and other institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in Savers Value Village in the second quarter worth about $28,470,000. Dimensional Fund Advisors LP grew its holdings in Savers Value Village by 30.3% in the first quarter. Dimensional Fund Advisors LP now owns 1,864,548 shares of the company’s stock valued at $13,869,000 after purchasing an additional 433,296 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Savers Value Village by 118.3% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,745,540 shares of the company’s stock worth $12,987,000 after acquiring an additional 945,823 shares in the last quarter. Renaissance Technologies LLC raised its position in Savers Value Village by 33.4% during the first quarter. Renaissance Technologies LLC now owns 1,044,264 shares of the company’s stock worth $7,769,000 after acquiring an additional 261,563 shares during the period. Finally, Primecap Management Co. CA acquired a new position in shares of Savers Value Village during the 2nd quarter worth about $7,550,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.
Savers Value Village Company Profile
Savers Value Village, Inc is a for-profit thrift retailer that operates secondhand merchandise stores and donation centers under brands including Savers, Value Village, Unique, 2nd Ave and Village des Valeurs. Its stores sell a broad assortment of previously owned clothing, accessories, home goods, books, furniture and other household merchandise.
The company obtains inventory through donations collected at its stores and donation centers, purchases from nonprofit organizations and other sourcing arrangements.
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