Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway Sells 2,637 Shares

Key Points

• Richard A. Medway, General Counsel of Savers Value Village, Inc., sold a total of 2,637 shares at an average price of $10.48 on July 31, contributing to a series of sales over the past weeks.
• Savers Value Village's stock price increased by 1.7%, trading at $11.67, with a market cap of $1.81 billion and a P/E ratio of 55.57.
• In its latest earnings report, Savers Value Village posted an EPS of $0.14, exceeding analysts' expectations and showing a 7.9% revenue increase compared to the same quarter last year.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 2,637 shares of Savers Value Village stock in a transaction dated Thursday, July 31st. The stock was sold at an average price of $10.48, for a total value of $27,635.76. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

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

• On Monday, August 4th, Richard A. Medway sold 15,000 shares of Savers Value Village stock. The shares were sold at an average price of $11.48, for a total value of $172,200.00.
• On Wednesday, July 23rd, Richard A. Medway sold 4,228 shares of Savers Value Village stock. The shares were sold at an average price of $10.51, for a total transaction of $44,436.28.
• On Tuesday, July 22nd, Richard A. Medway sold 600 shares of Savers Value Village stock. The shares were sold at an average price of $10.51, for a total transaction of $6,306.00.
• On Friday, July 18th, Richard A. Medway sold 1,800 shares of Savers Value Village stock. The shares were sold at an average price of $10.53, for a total transaction of $18,954.00.
• On Thursday, July 3rd, Richard A. Medway sold 17,619 shares of Savers Value Village stock. The stock was sold at an average price of $10.65, for a total transaction of $187,642.35.
• 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.
• 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 value of $189,470.10.

Savers Value Village Trading Down 1.6%

Shares of NYSE:SVV traded down $0.18 during mid-day trading on Friday, reaching $11.13. The stock had a trading volume of 594,180 shares, compared to its average volume of 802,746. The firm has a market cap of $1.73 billion, a PE ratio of 52.79 and a beta of 1.00. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $11.97. The company has a current ratio of 0.69, a quick ratio of 0.57 and a debt-to-equity ratio of 1.65. The firm has a 50 day simple moving average of $10.47 and a two-hundred day simple moving average of $9.64.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $417.21 million during the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The company's quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.14 EPS. On average, research analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Trading of Savers Value Village

Several institutional investors have recently added to or reduced their stakes in the stock. Nuveen Asset Management LLC increased its holdings in Savers Value Village by 56.8% in the 4th quarter. Nuveen Asset Management LLC now owns 107,270 shares of the company's stock worth $1,100,000 after acquiring an additional 38,856 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Savers Value Village by 91.5% in the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 370,976 shares of the company's stock worth $2,560,000 after buying an additional 177,261 shares in the last quarter. GAMMA Investing LLC increased its stake in Savers Value Village by 386.7% in the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after acquiring an additional 4,671 shares during the last quarter. Dimensional Fund Advisors LP bought a new stake in Savers Value Village in the 4th quarter worth approximately $767,000. Finally, Vanguard Group Inc. grew its holdings in shares of Savers Value Village by 3.0% during the 4th quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock valued at $24,422,000 after purchasing an additional 68,316 shares during the last quarter. 98.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

SVV has been the subject of a number of research analyst reports. Piper Sandler increased their price target on shares of Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. JPMorgan Chase & Co. upped their price objective on shares of Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Northland Securities started coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price target on the stock. Finally, The Goldman Sachs Group increased their target price on shares of Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $12.71.

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.