Richard A. Medway Sells 4,800 Shares of Savers Value Village, Inc. (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 4,800 shares of the business’s stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of $11.48, for a total value of $55,104.00. The transaction was disclosed in a filing with the SEC, which is available through this link.

Savers Value Village Trading Up 0.2 %

Shares of SVV opened at $11.20 on Friday. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 24.34 and a beta of 1.04. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86. Savers Value Village, Inc. has a 1-year low of $7.78 and a 1-year high of $21.33. The company has a 50-day moving average of $10.02 and a 200 day moving average of $10.03.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.06). Savers Value Village had a net margin of 4.93% and a return on equity of 9.11%. The company had revenue of $394.80 million for the quarter, compared to the consensus estimate of $401.94 million. During the same period in the prior year, the firm posted ($0.05) EPS. On average, research analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Institutional Investors Weigh In On Savers Value Village

Hedge funds have recently made changes to their positions in the company. Aigen Investment Management LP raised its holdings in shares of Savers Value Village by 29.0% in the third quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock valued at $163,000 after acquiring an additional 3,477 shares in the last quarter. GSA Capital Partners LLP purchased a new position in Savers Value Village during the 3rd quarter valued at about $248,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Savers Value Village in the 3rd quarter valued at about $252,000. Hsbc Holdings PLC lifted its position in shares of Savers Value Village by 6.7% in the 2nd quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock worth $335,000 after purchasing an additional 1,749 shares during the period. Finally, Clearline Capital LP purchased a new stake in shares of Savers Value Village in the 2nd quarter worth approximately $467,000. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Piper Sandler upped their target price on Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, Savers Value Village currently has a consensus rating of “Hold” and a consensus target price of $12.20.

Savers Value Village Company Profile

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.