Savers Value Village (NYSE:SVV) Director Sells $138,282.30 in 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 T. Allen sold 12,402 shares of Savers Value Village stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $11.15, for a total transaction of $138,282.30. Following the completion of the sale, the director owned 16,655 shares of the company's stock, valued at $185,703.25. This trade represents a 42.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Savers Value Village Stock Performance

Savers Value Village stock traded up $0.1250 during midday trading on Friday, hitting $11.3850. The company's stock had a trading volume of 609,378 shares, compared to its average volume of 1,098,135. Savers Value Village, Inc. has a 1-year low of $6.48 and a 1-year high of $11.97. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.69 and a quick ratio of 0.51. The company has a 50-day moving average price of $10.66 and a two-hundred day moving average price of $9.63. The company has a market cap of $1.77 billion, a price-to-earnings ratio of 54.22 and a beta of 1.00.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.02. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The business had revenue of $417.21 million during the quarter, compared to analysts' expectations of $405.75 million. During the same quarter in the previous year, the company earned $0.14 EPS. The business's revenue was up 7.9% on a year-over-year basis. 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 earnings per share for the current year.

Analysts Set New Price Targets

SVV has been the subject of several analyst reports. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. The Goldman Sachs Group raised their target price on shares of Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. raised their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Finally, Piper Sandler raised their target price 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. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

Institutional Investors Weigh In On Savers Value Village

Several hedge funds and other institutional investors have recently made changes to their positions in SVV. BNP Paribas Financial Markets bought a new stake in shares of Savers Value Village during the 4th quarter valued at approximately $36,000. GAMMA Investing LLC grew 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 valued at $41,000 after purchasing an additional 4,671 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of Savers Value Village during the 1st quarter valued at approximately $51,000. Sandia Investment Management LP bought a new stake in shares of Savers Value Village during the 2nd quarter valued at approximately $51,000. Finally, Lazard Asset Management LLC bought a new stake in shares of Savers Value Village during the 2nd quarter valued at approximately $57,000. 98.78% of the stock is owned by 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.