Mark Walsh Sells 4,096 Shares of Savers Value Village (NYSE:SVV) Stock

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 Walsh sold 4,096 shares of the business's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $13.02, for a total transaction of $53,329.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Savers Value Village Stock Performance

Shares of NYSE:SVV traded up $0.31 during midday trading on Monday, reaching $12.75. The company had a trading volume of 2,053,482 shares, compared to its average volume of 871,824. The company's 50 day moving average price is $11.19 and its 200 day moving average price is $9.85. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The stock has a market cap of $1.98 billion, a P/E ratio of 60.69 and a beta of 1.02. Savers Value Village, Inc. has a 52-week low of $6.48 and a 52-week high of $13.11.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The business had revenue of $417.21 million for the quarter, compared to analysts' expectations of $405.75 million. During the same period in the previous year, the business posted $0.14 EPS. The firm's quarterly revenue was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. As a group, sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. JPMorgan Chase & Co. raised their price objective on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Northland Securities initiated coverage on Savers Value Village in a research report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price objective for the company. Piper Sandler lifted their price objective on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a report on Friday, August 1st. Finally, Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. One investment 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. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $12.20.

Institutional Investors Weigh In On Savers Value Village

Several hedge funds have recently made changes to their positions in the company. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village during the 4th quarter worth $36,000. GAMMA Investing LLC increased its holdings in shares of 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 purchasing an additional 4,671 shares during the period. Versant Capital Management Inc acquired a new stake in Savers Value Village during the first quarter worth about $51,000. Sandia Investment Management LP acquired a new stake in Savers Value Village during the second quarter worth about $51,000. Finally, Lazard Asset Management LLC acquired a new stake in Savers Value Village during the second quarter worth about $57,000. 98.78% of the stock is currently 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.

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