Meros Investment Management LP Purchases New Holdings in Savers Value Village, Inc. $SVV

Key Points

• Meros Investment Management acquired 527,422 shares of Savers Value Village in the second quarter, making SVV approximately 1.7% of its portfolio and its 26th-largest holding. Institutional investors collectively own 98.78% of the company.
• Analyst sentiment is mixed: four analysts rate SVV a Buy, three recommend Hold and one rates it Sell. The stock carries an average rating of Hold and an average price target of $14.
• SVV reported quarterly EPS of $0.14, in line with estimates, while revenue rose 7.4% year over year to $448.22 million. Meanwhile, insiders sold 539,742 shares worth roughly $6.24 million during the last quarter, including substantial sales by the CEO and another insider.

Meros Investment Management LP acquired a new position in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 527,422 shares of the company's stock, valued at approximately $5,321,688,000. Savers Value Village accounts for about 1.7% of Meros Investment Management LP's portfolio, making the stock its 26th biggest position. Meros Investment Management LP owned about 0.34% of Savers Value Village as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Western Standard LLC purchased a new stake in shares of Savers Value Village during the fourth quarter worth approximately $1,868,000. Militia Capital Management LLC purchased a new position in Savers Value Village in the 1st quarter valued at $2,858,000. Dimensional Fund Advisors LP increased its stake in Savers Value Village by 30.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,864,548 shares of the company's stock valued at $13,869,000 after buying an additional 433,296 shares during the period. Danica Pension Livsforsikringsaktieselskab acquired a new position in Savers Value Village in the 2nd quarter valued at $1,986,000. Finally, Capital Research Global Investors increased its stake in Savers Value Village by 72.9% in the 4th quarter. Capital Research Global Investors now owns 3,330,459 shares of the company's stock valued at $31,106,000 after buying an additional 1,403,909 shares during the period. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

SVV has been the topic of several analyst reports. BTIG Research lowered their target price on shares of Savers Value Village from $18.00 to $15.00 and set a "buy" rating on the stock in a report on Thursday, May 7th. Robert W. Baird cut their price target on shares of Savers Value Village from $13.00 to $12.00 and set an "outperform" rating for the company in a report on Thursday, May 7th. JPMorgan Chase & Co. raised their price objective on shares of Savers Value Village from $11.00 to $14.00 and gave the company a "neutral" rating in a research report on Friday, August 7th. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $11.00 price objective on shares of Savers Value Village in a report on Friday, August 7th. Finally, Piper Sandler boosted their target price on Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $14.00.

Savers Value Village Stock Down 1.8%

SVV stock opened at $10.72 on Wednesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.66. The company's 50 day simple moving average is $10.23 and its 200-day simple moving average is $9.26. Savers Value Village, Inc. has a 12 month low of $6.91 and a 12 month high of $13.89. The firm has a market capitalization of $1.65 billion, a PE ratio of 67.00 and a beta of 1.21.

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, meeting analysts' consensus estimates of $0.14. The business had revenue of $448.22 million for the quarter, compared to analyst estimates of $449.00 million. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The business's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. 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 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO Mark T. Walsh sold 92,059 shares of Savers Value Village stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $11.93, for a total transaction of $1,098,263.87. Following the completion of the sale, the chief executive officer directly owned 47,363 shares in the company, valued at $565,040.59. The trade was a 66.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Melinda L. Geisser sold 50,000 shares of the company's stock in a transaction that occurred on Friday, August 7th. The shares were sold at an average price of $12.03, for a total transaction of $601,500.00. Following the transaction, the insider directly owned 10,576 shares in the company, valued at $127,229.28. The trade was a 82.54% 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. Insiders sold 539,742 shares of company stock valued at $6,242,986 over the last quarter. 3.46% of the stock is currently owned by company insiders.

About Savers Value Village

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.

Want to see what other hedge funds are holding SVV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Savers Value Village, Inc. (NYSE:SVV - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source