Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway Sells 1,600 Shares of Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 1,600 shares of the company’s stock in a transaction on Monday, January 27th. The shares were sold at an average price of $11.48, for a total transaction of $18,368.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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 stock was sold at an average price of $11.48, for a total transaction of $55,104.00.

Savers Value Village Stock Down 2.1 %

SVV opened at $11.08 on Thursday. The stock has a fifty day moving average of $10.16 and a 200-day moving average of $10.00. The company has a market capitalization of $1.77 billion, a P/E ratio of 24.08 and a beta of 1.04. Savers Value Village, Inc. has a fifty-two week low of $7.78 and a fifty-two week high of $21.33. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 1.04.

Savers Value Village (NYSE:SVV) last issued 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). Savers Value Village had a return on equity of 9.11% and a net margin of 4.93%. The business had revenue of $394.80 million during the quarter, compared to analyst estimates of $401.94 million. During the same quarter last year, the firm earned ($0.05) EPS. On average, equities analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Savers Value Village

Several institutional investors have recently made changes to their positions in SVV. Hsbc Holdings PLC increased 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 worth $335,000 after acquiring an additional 1,749 shares during the period. Sei Investments Co. increased its position in shares of Savers Value Village by 8.9% in the second quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock worth $719,000 after purchasing an additional 4,808 shares during the period. Squarepoint Ops LLC increased its position 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 worth $1,352,000 after purchasing an additional 43,613 shares during the period. The Manufacturers Life Insurance Company raised its stake in Savers Value Village by 34.3% in the second quarter. The Manufacturers Life Insurance Company now owns 1,883,269 shares of the company’s stock valued at $23,051,000 after purchasing an additional 481,423 shares in the last quarter. Finally, Millennium Management LLC lifted its position in Savers Value Village by 79.3% during the second quarter. Millennium Management LLC now owns 316,097 shares of the company’s stock worth $3,869,000 after purchasing an additional 139,811 shares during the period. 98.78% of the stock is currently owned by institutional investors.

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.