Insider Selling: Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells 17,619 Shares of Stock

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 17,619 shares of the business's stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $10.65, for a total transaction of $187,642.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

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 value of $6,964.12.
• On Thursday, May 8th, Richard A. Medway sold 16,490 shares of Savers Value Village stock. The shares were sold at an average price of $11.49, for a total transaction of $189,470.10.

Savers Value Village Stock Down 2.5%

NYSE SVV traded down $0.26 during trading on Wednesday, reaching $10.24. 393,971 shares of the company's stock traded hands, compared to its average volume of 758,788. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.74 and a quick ratio of 0.57. The firm has a market cap of $1.59 billion, a price-to-earnings ratio of 68.27 and a beta of 0.99. The company's 50 day simple moving average is $10.40 and its two-hundred day simple moving average is $9.62. Savers Value Village, Inc. has a 12-month low of $6.48 and a 12-month high of $12.57.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets bought a new stake in shares of Savers Value Village in the 4th quarter valued at about $36,000. GAMMA Investing LLC increased its holdings in Savers Value Village by 386.7% in the 1st quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after acquiring an additional 4,671 shares in the last quarter. Versant Capital Management Inc purchased a new stake in Savers Value Village in the 1st quarter worth $51,000. KLP Kapitalforvaltning AS purchased a new stake in shares of Savers Value Village during the fourth quarter worth $57,000. Finally, Walleye Capital LLC purchased a new stake in shares of Savers Value Village during the first quarter worth $74,000. Hedge funds and other institutional investors own 98.78% of the company's stock.

Analyst Ratings Changes

SVV has been the topic of several recent analyst reports. Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Northland Securities started coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price for the company. William Blair started coverage on shares of Savers Value Village in a report on Friday, April 4th. They issued an "outperform" rating for the company. Piper Sandler upped their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Finally, The Goldman Sachs Group increased their price objective on shares of Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, Savers Value Village has an average rating of "Moderate Buy" and a consensus target price of $12.29.

Savers Value Village Company 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.