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 company’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $11.48, for a total transaction of $55,104.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Savers Value Village Stock Down 0.3 %

NYSE:SVV traded down $0.04 during trading hours on Thursday, hitting $11.23. The stock had a trading volume of 326,782 shares, compared to its average volume of 669,313. The business has a 50 day simple moving average of $9.94 and a two-hundred day simple moving average of $10.03. The company has a market cap of $1.79 billion, a PE ratio of 24.40 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.

Savers Value Village (NYSE:SVV) last announced its 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 business had revenue of $394.80 million for the quarter, compared to analyst estimates of $401.94 million. During the same quarter in the prior year, the business earned ($0.05) earnings per share. Analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Piper Sandler raised their target price 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, January 17th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $12.20.

Hedge Funds Weigh In On Savers Value Village

Institutional investors have recently made changes to their positions in the business. Aigen Investment Management LP raised its holdings 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 acquiring an additional 3,477 shares in the last quarter. GSA Capital Partners LLP bought a new stake in shares of Savers Value Village in the 3rd quarter worth about $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 3rd quarter valued at about $252,000. Hsbc Holdings PLC lifted its position in shares of Savers Value Village by 6.7% during the second 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 last quarter. Finally, Clearline Capital LP acquired a new position in Savers Value Village in the second quarter worth about $467,000. 98.78% of the stock is owned by institutional investors and hedge funds.

About Savers Value Village

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.