Makaira Partners LLC Sells 975,493 Shares of Savers Value Village, Inc. $SVV

Key Points

• Makaira Partners LLC has reduced its stake in Savers Value Village by 47.5%, selling nearly 1 million shares, while still maintaining it as their 11th largest holding.
• Other institutional investors like Baillie Gifford & Co. and T. Rowe Price have increased their stakes significantly in Savers Value Village, indicating a mixed sentiment among investors.
• Analysts have varied ratings for Savers Value Village, with price targets ranging from $10.00 to $12.00, reflecting a consensus rating of "Moderate Buy" and signaling potential upside for investors.

Makaira Partners LLC reduced its stake in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 47.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,078,437 shares of the company's stock after selling 975,493 shares during the quarter. Savers Value Village comprises 2.5% of Makaira Partners LLC's portfolio, making the stock its 11th biggest position. Makaira Partners LLC owned 0.68% of Savers Value Village worth $7,441,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of SVV. Primecap Management Co. CA lifted its position in Savers Value Village by 0.4% in the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company's stock valued at $3,267,000 after acquiring an additional 1,775 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in shares of Savers Value Village in the 4th quarter valued at about $36,000. Wells Fargo & Company MN raised its stake in shares of Savers Value Village by 51.7% in the 4th quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock valued at $112,000 after purchasing an additional 3,725 shares during the period. Hsbc Holdings PLC boosted its position in shares of Savers Value Village by 12.6% during the fourth quarter. Hsbc Holdings PLC now owns 39,883 shares of the company's stock worth $410,000 after buying an additional 4,454 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Savers Value Village by 386.7% during the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after buying an additional 4,671 shares during the period. 98.78% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

SVV has been the topic of several research analyst reports. Northland Capmk upgraded Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Northland Securities started coverage on Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 target price on the stock. Piper Sandler raised their price objective on Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Finally, The Goldman Sachs Group lifted their target price on Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Savers Value Village presently has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

Insider Activity

In other news, Director William T. Allen sold 12,402 shares of the firm's stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.15, for a total transaction of $138,282.30. Following the transaction, the director directly owned 16,655 shares of the company's stock, valued at approximately $185,703.25. This trade represents a 42.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Melinda L. Geisser sold 48,000 shares of the stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $10.80, for a total transaction of $518,400.00. The disclosure for this sale can be found here. Over the last three months, insiders have sold 110,110 shares of company stock valued at $1,203,676. 3.09% of the stock is currently owned by insiders.

Savers Value Village Stock Up 2.1%

SVV stock traded up $0.25 during mid-day trading on Friday, reaching $12.15. 1,034,542 shares of the company traded hands, compared to its average volume of 830,977. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 57.84 and a beta of 1.00. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $12.32. The firm's 50 day moving average price is $10.79 and its 200 day moving average price is $9.68.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $417.21 million for the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.Savers Value Village's revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, equities research analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Savers Value Village 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.