Savers Value Village (NYSE:SVV) General Counsel Richard A. Medway Sells 15,000 Shares

Key Points

• General Counsel Richard Medway sold 15,000 shares of Savers Value Village at an average price of $11.98, totaling $179,700.
• The company reported earnings of $0.14 per share for the last quarter, exceeding analysts' expectations of $0.12, with revenue up by 7.9% year-over-year.
• Savers Value Village has recently received several analyst upgrades, including a shift from "hold" to "buy" and target price increases, reflecting positive market sentiment.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 15,000 shares of the firm's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $11.98, for a total value of $179,700.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

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 Thursday, July 31st, Richard A. Medway sold 2,637 shares of Savers Value Village stock. The shares were sold at an average price of $10.48, for a total value of $27,635.76.
• 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 value 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 value of $6,306.00.
• On Friday, July 18th, Richard A. Medway sold 1,800 shares of Savers Value Village stock. The stock was sold at an average price of $10.53, for a total value 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 value of $187,642.35.

Savers Value Village Price Performance

SVV stock traded down $0.18 during midday trading on Friday, reaching $12.56. 1,678,023 shares of the stock were exchanged, compared to its average volume of 1,134,631. The stock has a market capitalization of $1.95 billion, a PE ratio of 59.80 and a beta of 1.02. Savers Value Village, Inc. has a 52 week low of $6.48 and a 52 week high of $13.03. 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 fifty day moving average price of $11.00 and a 200 day moving average price of $9.69.

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 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 return on equity of 8.85% and a net margin of 2.14%.Savers Value Village's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.14 EPS. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on the company. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. JPMorgan Chase & Co. boosted their price objective on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Piper Sandler boosted their price objective on Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research note 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. Finally, Northland Securities started coverage on Savers Value Village in a research note on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, Savers Value Village has a consensus rating of "Moderate Buy" and a consensus target price of $12.20.

Institutional Trading of Savers Value Village

A number of large investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets purchased a new stake in Savers Value Village in the fourth quarter worth about $36,000. Sandia Investment Management LP bought a new position in Savers Value Village in the second quarter worth about $51,000. Lazard Asset Management LLC purchased a new stake in shares of Savers Value Village during the second quarter valued at about $57,000. GAMMA Investing LLC lifted its position in shares of Savers Value Village by 386.7% during the first 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 last quarter. Finally, Versant Capital Management Inc purchased a new stake in shares of Savers Value Village during the first quarter valued at about $51,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

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.