Ieq Capital LLC Invests $990,000 in Savers Value Village, Inc. $SVV

Key Points

• Ieq Capital LLC acquired 98,075 shares of Savers Value Village worth approximately $990,000, while institutional investors collectively own 98.78% of the company.
• Analyst sentiment is mixed, with four Buy ratings, three Holds and one Sell; the consensus rating is Hold with a target price of $14.00.
• SVV shares opened at $10.53 after a 2.9% decline. The company matched quarterly EPS expectations at $0.14, while revenue increased 7.4% year over year to $448.22 million.

Ieq Capital LLC purchased a new stake in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 98,075 shares of the company's stock, valued at approximately $990,000. Ieq Capital LLC owned approximately 0.06% of Savers Value Village at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Danica Pension Livsforsikringsaktieselskab acquired a new position in Savers Value Village during the second quarter worth $1,986,000. BlackRock Inc. acquired a new stake in shares of Savers Value Village in the second quarter worth about $28,470,000. Deutsche Bank AG acquired a new stake in shares of Savers Value Village in the second quarter worth about $354,000. Bank of New York Mellon Corp bought a new stake in shares of Savers Value Village during the 2nd quarter worth about $1,462,000. Finally, State of Wyoming bought a new stake in shares of Savers Value Village during the 2nd quarter worth about $168,000. Institutional investors and hedge funds own 98.78% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. Weiss Ratings reissued a "sell (d)" rating on shares of Savers Value Village in a research note on Tuesday, August 4th. BTIG Research decreased their target price on Savers Value Village from $18.00 to $15.00 and set a "buy" rating for the company in a research report on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on Savers Value Village from $11.00 to $14.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. The Goldman Sachs Group reiterated a "neutral" rating and set a $11.00 price target on shares of Savers Value Village in a report on Friday, August 7th. Finally, Robert W. Baird dropped their price target on shares of Savers Value Village from $13.00 to $12.00 and set an "outperform" rating on the stock in a research report on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Savers Value Village has an average rating of "Hold" and a consensus target price of $14.00.

Insiders Place Their Bets

In other Savers Value Village news, insider Melinda L. Geisser sold 50,000 shares of Savers Value Village stock in a transaction that occurred 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 directly owned 10,576 shares of the company's stock, valued at $127,229.28. The trade was a 82.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael W. Maher sold 49,742 shares of the company's stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $12.33, for a total value of $613,318.86. Following the transaction, the chief financial officer owned 20,163 shares of the company's stock, valued at approximately $248,609.79. This trade represents a 71.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 539,742 shares of company stock valued at $6,242,986. Corporate insiders own 3.46% of the company's stock.

Savers Value Village Stock Down 2.9%

SVV stock opened at $10.53 on Friday. The stock has a market capitalization of $1.62 billion, a price-to-earnings ratio of 65.79 and a beta of 1.21. The company has a 50-day moving average of $10.26 and a two-hundred day moving average of $9.25. Savers Value Village, Inc. has a 52-week low of $6.91 and a 52-week high of $13.89. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.66.

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

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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