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 firm’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $11.48, for a total transaction of $18,368.00. The sale was disclosed in a filing with the SEC, which can be accessed through 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 Stock Performance

NYSE:SVV opened at $11.13 on Friday. The firm has a market capitalization of $1.78 billion, a PE ratio of 24.20 and a beta of 1.04. Savers Value Village, Inc. has a 1 year low of $7.78 and a 1 year high of $21.33. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The firm’s fifty day simple moving average is $10.25 and its 200 day simple moving average is $10.01.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data 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). The business 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 firm posted ($0.05) EPS. On average, sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, Piper Sandler increased their target price 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 equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Savers Value Village has a consensus rating of “Hold” and a consensus price target of $12.20.

Institutional Investors Weigh In On Savers Value Village

Several hedge funds and other institutional investors have recently modified their holdings of SVV. Hsbc Holdings PLC raised its stake in Savers Value Village by 6.7% during the 2nd 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 last quarter. Sei Investments Co. raised its position in shares of Savers Value Village by 8.9% during the second quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock valued at $719,000 after buying an additional 4,808 shares during the last quarter. Squarepoint Ops LLC lifted its stake in shares of Savers Value Village by 65.3% in the second quarter. Squarepoint Ops LLC now owns 110,446 shares of the company’s stock valued at $1,352,000 after buying an additional 43,613 shares during the period. The Manufacturers Life Insurance Company grew its position in Savers Value Village by 34.3% during the second quarter. The Manufacturers Life Insurance Company now owns 1,883,269 shares of the company’s stock worth $23,051,000 after buying an additional 481,423 shares in the last quarter. Finally, Millennium Management LLC increased its stake in Savers Value Village by 79.3% during the second quarter. Millennium Management LLC now owns 316,097 shares of the company’s stock valued at $3,869,000 after acquiring an additional 139,811 shares during the period. Institutional investors and hedge funds own 98.78% of the company’s stock.

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.