Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway Sells 17,619 Shares

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 17,619 shares of the stock in a transaction that occurred on Thursday, July 3rd. The shares were sold at an average price of $10.65, for a total transaction of $187,642.35. 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 stock was sold at an average price of $11.53, for a total transaction 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 1.8%

Shares of SVV traded down $0.19 during trading hours on Friday, reaching $10.28. The stock had a trading volume of 214,805 shares, compared to its average volume of 754,728. The firm has a 50-day simple moving average of $10.40 and a 200 day simple moving average of $9.62. Savers Value Village, Inc. has a 12 month low of $6.48 and a 12 month high of $12.57. The company has a current ratio of 0.74, a quick ratio of 0.57 and a debt-to-equity ratio of 1.69. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 68.54 and a beta of 0.99.

Hedge Funds Weigh In On Savers Value Village

Hedge funds have recently bought and sold shares of the company. BNP Paribas Financial Markets bought a new position in Savers Value Village during the fourth quarter worth about $36,000. GAMMA Investing LLC lifted its holdings in shares of Savers Value Village by 386.7% during 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 during the last quarter. Versant Capital Management Inc purchased a new position in Savers Value Village in the first quarter worth $51,000. KLP Kapitalforvaltning AS bought a new position in Savers Value Village in the fourth quarter valued at $57,000. Finally, Walleye Capital LLC purchased a new stake in Savers Value Village during the first quarter valued at about $74,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. William Blair started coverage on Savers Value Village in a research report on Friday, April 4th. They issued an "outperform" rating for the company. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. 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 research report on Friday, May 2nd. The Goldman Sachs Group lifted 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 note on Friday, May 2nd. Finally, Northland Securities initiated coverage on shares of Savers Value Village in a research report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price on the stock. Three equities 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.