Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells $18,368.00 in Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 1,600 shares of the stock in a transaction dated Monday, January 27th. The stock was sold at an average price of $11.48, for a total value of $18,368.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Richard A. Medway also recently made the following trade(s):

• On Tuesday, January 21st, Richard A. Medway sold 4,800 shares of Savers Value Village stock. The shares were sold at an average price of $11.48, for a total transaction of $55,104.00.

Savers Value Village Trading Down 2.1 %

Savers Value Village stock traded down $0.24 during trading hours on Wednesday, reaching $11.08. The stock had a trading volume of 594,605 shares, compared to its average volume of 620,811. The company has a fifty day simple moving average of $10.11 and a 200-day simple moving average of $10.00. Savers Value Village, Inc. has a 52 week low of $7.78 and a 52 week high of $21.33. The stock has a market cap of $1.77 billion, a PE ratio of 24.08 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 (NYSE:SVV) last announced its quarterly earnings results on Thursday, November 7th. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06). Savers Value Village had a return on equity of 9.11% and a net margin of 4.93%. The company had revenue of $394.80 million during the quarter, compared to the consensus estimate of $401.94 million. During the same quarter in the prior year, the firm earned ($0.05) earnings per share. Analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Hedge Funds Weigh In On Savers Value Village

A number of institutional investors and hedge funds have recently modified their holdings of SVV. Aigen Investment Management LP raised its position in Savers Value Village by 29.0% during 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 stake in shares of Savers Value Village during the third quarter worth $248,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Savers Value Village in the third quarter valued at approximately $252,000. Hsbc Holdings PLC lifted its position in Savers Value Village by 6.7% in the second quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock valued at $335,000 after purchasing an additional 1,749 shares during the period. Finally, Primecap Management Co. CA purchased a new stake in shares of Savers Value Village in the third quarter valued at approximately $651,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Piper Sandler increased their price target 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 stock. According to MarketBeat, Savers Value Village currently has an average rating of “Hold” and an average 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.