Savers Value Village (NYSE:SVV) CEO Mark T. Walsh Sells 4,096 Shares

Key Points

• Mark Walsh, CEO of Savers Value Village, sold 4,096 shares of the company's stock at an average price of $13.02, totaling approximately $53,329.92.
• The company's stock recently reached $12.75 with a market cap of $1.98 billion and a P/E ratio of 60.69.
• Analysts have set an average price target of $12.20 for Savers Value Village, indicating a general positive outlook with multiple upgrades to "buy" ratings.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) CEO Mark T. Walsh sold 4,096 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $13.02, for a total transaction of $53,329.92. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Savers Value Village Stock Down 1.8%

NYSE SVV traded down $0.23 on Friday, hitting $12.67. 5,230,796 shares of the stock were exchanged, compared to its average volume of 1,291,638. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $13.11. The company has a market cap of $1.97 billion, a PE ratio of 56.09 and a beta of 1.02. The company has a 50-day moving average price of $11.43 and a 200-day moving average price of $10.01.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.14 EPS 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 company 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 business posted $0.14 EPS. The firm'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. Sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on SVV shares. 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 target price for the company. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. 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 report on Friday, August 1st. JPMorgan Chase & Co. increased their price target on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Finally, Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $12.20.

Hedge Funds Weigh In On Savers Value Village

Large investors have recently bought and sold shares of the company. Nuveen Asset Management LLC raised its position in Savers Value Village by 56.8% during the 4th quarter. Nuveen Asset Management LLC now owns 107,270 shares of the company's stock worth $1,100,000 after buying an additional 38,856 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its position in Savers Value Village by 91.5% during 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 during the last quarter. GAMMA Investing LLC raised its position in 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 buying an additional 4,671 shares during the last quarter. Federated Hermes Inc. raised its position in Savers Value Village by 671.3% during the 1st quarter. Federated Hermes Inc. now owns 185,107 shares of the company's stock worth $1,277,000 after buying an additional 161,107 shares during the last quarter. Finally, Maverick Capital Ltd. raised its position in Savers Value Village by 79.5% during the 1st quarter. Maverick Capital Ltd. now owns 49,092 shares of the company's stock worth $339,000 after buying an additional 21,743 shares during the last quarter. Hedge funds and other institutional investors own 98.78% of the company's stock.

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.