Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells $55,104.00 in Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 4,800 shares of the company’s stock in a transaction 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 document filed with the Securities & Exchange Commission, which is available through the SEC website.

Savers Value Village Stock Up 0.2 %

Shares of NYSE:SVV opened at $11.20 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $1.79 billion, a P/E ratio of 24.34 and a beta of 1.04. Savers Value Village, Inc. has a 52-week low of $7.78 and a 52-week high of $21.33. The stock’s fifty day simple moving average is $10.02 and its 200-day simple moving average is $10.02.

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

Institutional Trading of Savers Value Village

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Hsbc Holdings PLC lifted its stake in shares of Savers Value Village by 6.7% during 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. Aigen Investment Management LP increased its stake in 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 purchasing an additional 3,477 shares during the last quarter. Sei Investments Co. lifted its position in Savers Value Village by 8.9% during the second quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock worth $719,000 after buying an additional 4,808 shares during the period. Dark Forest Capital Management LP boosted its stake in Savers Value Village by 71.4% in the 2nd quarter. Dark Forest Capital Management LP now owns 48,090 shares of the company’s stock worth $589,000 after buying an additional 20,027 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new stake in Savers Value Village in the 3rd quarter valued at about $248,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Separately, Piper Sandler boosted their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, January 17th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.