Meros Investment Management LP Acquires New Shares in Savers Value Village, Inc. $SVV

Meros Investment Management LP purchased a new position in Savers Value Village, Inc. (NYSE:SVV - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 527,422 shares of the company's stock, valued at approximately $5,321,688. Savers Value Village makes up 0.0% of Meros Investment Management LP's portfolio, making the stock its 26th largest position. Meros Investment Management LP owned approximately 0.34% of Savers Value Village as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in Savers Value Village during the 2nd quarter worth approximately $28,470,000. Capital Research Global Investors boosted its holdings in Savers Value Village by 72.9% in the fourth quarter. Capital Research Global Investors now owns 3,330,459 shares of the company's stock worth $31,106,000 after purchasing an additional 1,403,909 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Savers Value Village by 89.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company's stock worth $21,937,000 after acquiring an additional 1,013,875 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Savers Value Village by 118.3% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,745,540 shares of the company's stock valued at $12,987,000 after buying an additional 945,823 shares during the period. Finally, Primecap Management Co. CA bought a new position in shares of Savers Value Village in the second quarter valued at approximately $7,550,000. 98.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on SVV shares. Piper Sandler raised their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on shares of Savers Value Village from $11.00 to $14.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. The Goldman Sachs Group restated a "neutral" rating and issued a $11.00 price objective on shares of Savers Value Village in a report on Friday, August 7th. BTIG Research lowered their price target 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. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Savers Value Village in a report on Tuesday, August 4th. Four 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 company's stock. According to data from MarketBeat.com, Savers Value Village presently has an average rating of "Hold" and an average price target of $14.00.

Insider Buying and Selling

In other Savers Value Village news, General Counsel Richard A. Medway sold 45,000 shares of Savers Value Village stock in a transaction on Friday, August 7th. The shares were sold at an average price of $11.98, for a total value of $539,100.00. Following the completion of the transaction, the general counsel directly owned 14,440 shares of the company's stock, valued at $172,991.20. This trade represents a 75.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark T. Walsh sold 92,059 shares of Savers Value Village stock in a transaction dated 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 sale, the chief executive officer directly owned 47,363 shares of the company's stock, valued at approximately $565,040.59. This represents a 66.03% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 539,742 shares of company stock valued at $6,242,986. Company insiders own 3.46% of the company's stock.

Savers Value Village Stock Up 2.1%

NYSE SVV traded up $0.22 during trading on Friday, reaching $10.75. The company's stock had a trading volume of 440,444 shares, compared to its average volume of 1,180,220. The business has a 50-day moving average price of $10.26 and a 200-day moving average price of $9.25. 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 stock has a market capitalization of $1.66 billion, a PE ratio of 67.19 and a beta of 1.21. Savers Value Village, Inc. has a 1-year low of $6.91 and a 1-year high of $13.89.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, hitting the consensus estimate of $0.14. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The company had revenue of $448.22 million during the quarter, compared to analysts' expectations of $449.00 million. During the same period in the prior year, the firm earned $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. On average, research analysts forecast that Savers Value Village, Inc. will post 0.39 earnings per share for the current fiscal year.

Savers Value Village Company 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.