Insider Selling: Savers Value Village (NYSE:SVV) Director Sells 12,402 Shares of Stock

Key Points

• William Allen, a director at Savers Value Village, sold 12,402 shares of stock on August 15th, leading to a 42.68% decrease in his position.
• The company reported a quarterly revenue increase of 7.9%, with earnings per share (EPS) of $0.14, surpassing analysts' expectations.
• Analyst ratings indicate a consensus of "Moderate Buy" for Savers Value Village with an average target price of $12.20.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) Director William Allen sold 12,402 shares of the business's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $11.15, for a total value of $138,282.30. Following the completion of the transaction, the director directly owned 16,655 shares in the company, valued at approximately $185,703.25. This represents a 42.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Savers Value Village Stock Performance

Savers Value Village stock traded up $0.0990 during mid-day trading on Tuesday, reaching $11.6090. 1,444,200 shares of the stock traded hands, compared to its average volume of 1,051,796. The business's 50-day moving average is $10.61 and its 200-day moving average is $9.64. Savers Value Village, Inc. has a 12-month low of $6.48 and a 12-month high of $11.97. The stock has a market capitalization of $1.81 billion, a PE ratio of 50.04 and a beta of 1.00. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.69 and a quick ratio of 0.51.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.14 EPS for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The business had revenue of $417.21 million for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company posted $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, sell-side analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on SVV. The Goldman Sachs Group upped their price target on Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Piper Sandler upped their target price on shares of Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Northland Securities started coverage on shares of Savers Value Village in a research report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price target for the company. Finally, JPMorgan Chase & Co. lifted 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. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $12.20.

Institutional Investors Weigh In On Savers Value Village

Several hedge funds have recently added to or reduced their stakes in SVV. BNP Paribas Financial Markets purchased a new position in Savers Value Village during the fourth quarter worth 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 valued at $41,000 after buying an additional 4,671 shares during the period. Versant Capital Management Inc acquired a new stake in Savers Value Village in the first quarter worth about $51,000. Sandia Investment Management LP acquired a new stake in shares of Savers Value Village during the second quarter worth about $51,000. Finally, Lazard Asset Management LLC acquired a new position in Savers Value Village during the second quarter valued at approximately $57,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

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.

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