Richard A. Medway Sells 16,490 Shares of Savers Value Village, Inc. (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 16,490 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $11.49, for a total transaction of $189,470.10. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Richard A. Medway also recently made the following trade(s):

• On Monday, May 12th, Richard A. Medway sold 604 shares of Savers Value Village stock. The shares were sold at an average price of $11.53, for a total transaction of $6,964.12.

Savers Value Village Stock Performance

Shares of SVV stock traded up $0.02 during trading hours on Thursday, reaching $9.59. 4,020,055 shares of the company's stock were exchanged, compared to its average volume of 774,365. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $14.41. The company has a quick ratio of 0.86, a current ratio of 1.04 and a debt-to-equity ratio of 1.70. The stock has a market capitalization of $1.51 billion, a P/E ratio of 53.00 and a beta of 0.95. The business has a fifty day moving average price of $8.49 and a 200-day moving average price of $9.47.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The company reported $0.05 EPS for the quarter, missing analysts' consensus estimates of $0.09 by ($0.04). Savers Value Village had a net margin of 1.89% and a return on equity of 8.74%. The company had revenue of $401.99 million for the quarter, compared to analyst estimates of $402.00 million. Analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Financial Markets acquired a new position in shares of Savers Value Village in the 4th quarter valued at $36,000. KLP Kapitalforvaltning AS bought a new stake in Savers Value Village in the fourth quarter valued at about $57,000. GAMMA Investing LLC raised its position in Savers Value Village by 386.7% in the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after purchasing an additional 4,671 shares in the last quarter. Versant Capital Management Inc bought a new position in Savers Value Village during the first quarter worth about $51,000. Finally, Wexford Capital LP acquired a new stake in Savers Value Village during the fourth quarter valued at approximately $106,000. 98.78% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. UBS Group dropped their price target on Savers Value Village from $14.00 to $13.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. William Blair assumed coverage on Savers Value Village in a report on Friday, April 4th. They issued an "outperform" rating on the stock. The Goldman Sachs Group boosted their price target on Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Savers Value Village from $10.00 to $9.00 and set a "neutral" rating for the company in a report on Friday, February 21st. Finally, Piper Sandler lifted their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $11.83.

About Savers Value Village

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.