Bank of New York Mellon Corp Invests $1.46 Million in Savers Value Village, Inc. $SVV

Bank of New York Mellon Corp bought a new position in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm bought 144,861 shares of the company's stock, valued at approximately $1,462,000. Bank of New York Mellon Corp owned approximately 0.09% of Savers Value Village as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SVV. Caitong International Asset Management Co. Ltd increased its holdings in shares of Savers Value Village by 281.8% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company's stock worth $25,000 after buying an additional 1,409 shares in the last quarter. Sandia Investment Management LP bought a new stake in Savers Value Village during the 2nd quarter worth approximately $51,000. Lazard Asset Management LLC acquired a new stake in Savers Value Village during the 2nd quarter valued at $57,000. Blair William & Co. IL acquired a new stake in Savers Value Village during the 4th quarter valued at $93,000. Finally, Royal Bank of Canada raised its position in Savers Value Village by 801.5% in the 1st quarter. Royal Bank of Canada now owns 11,233 shares of the company's stock valued at $83,000 after purchasing an additional 9,987 shares during the last quarter. 98.78% of the stock is currently owned by institutional investors and hedge funds.

Savers Value Village Stock Down 3.9%

Shares of NYSE SVV opened at $9.84 on Thursday. Savers Value Village, Inc. has a 1 year low of $6.91 and a 1 year high of $13.89. The firm's 50-day moving average is $10.31 and its 200-day moving average is $9.21. The company has a current ratio of 0.84, a quick ratio of 0.66 and a debt-to-equity ratio of 1.59. The firm has a market capitalization of $1.52 billion, a PE ratio of 61.47 and a beta of 1.21.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, hitting analysts' consensus estimates of $0.14. Savers Value Village had a net margin of 1.42% and a return on equity of 14.58%. The business had revenue of $448.22 million during the quarter, compared to the consensus estimate of $449.00 million. During the same period in the previous year, the firm posted $0.14 earnings per share. Savers Value Village's revenue for the quarter was up 7.4% compared to the same quarter last year. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. Equities analysts expect that Savers Value Village, Inc. will post 0.39 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on SVV shares. JPMorgan Chase & Co. boosted their price objective on Savers Value Village from $11.00 to $14.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Piper Sandler upped their price target 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, August 7th. Weiss Ratings upgraded shares of Savers Value Village from a "sell (d)" rating to a "sell (d+)" rating in a research report on Wednesday, September 2nd. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $11.00 target price on shares of Savers Value Village in a research report on Friday, August 7th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $14.00.

Insider Buying and Selling at Savers Value Village

In other news, insider Melinda L. Geisser sold 50,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $12.03, for a total value of $601,500.00. Following the transaction, the insider owned 10,576 shares of the company's stock, valued at $127,229.28. This represents a 82.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark T. Walsh sold 92,059 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $11.93, for a total value of $1,098,263.87. Following the completion of the transaction, the chief executive officer owned 47,363 shares in the company, valued at $565,040.59. This represents a 66.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 539,742 shares of company stock worth $6,242,986. 3.46% of the stock is currently owned by insiders.

Savers Value Village Profile

Savers Value Village, Inc NYSE: SVV is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.

At the heart of the company's model is a partnership network with more than 500 nonprofit organizations across North America.

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