Mark Walsh Sells 5,650 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• CEO Mark Walsh sold 5,650 shares of Savers Value Village stock at an average price of $13.00, totaling $73,450, which was disclosed in a SEC filing.
• Savers Value Village reported a 7.9% year-over-year revenue increase for the last quarter, with earnings per share beating analysts' estimates at $0.14.
• Several institutional investors have acquired stakes in Savers Value Village recently, with 98.78% of the stock owned by institutional investors and hedge funds.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) CEO Mark Walsh sold 5,650 shares of the business's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $13.00, for a total transaction of $73,450.00. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Savers Value Village Stock Performance

Savers Value Village stock traded up $0.02 on Tuesday, reaching $12.53. 797,401 shares of the stock were exchanged, compared to its average volume of 1,090,866. The stock has a market cap of $1.95 billion, a PE ratio of 54.39 and a beta of 1.02. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $13.03. The firm has a fifty day moving average price of $11.08 and a two-hundred day moving average price of $9.74.

Savers Value Village (NYSE:SVV - Get Free Report) last released its earnings results 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 firm had revenue of $417.21 million during 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 business's revenue was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.14 EPS. 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 year.

Analyst Upgrades and Downgrades

SVV has been the subject of a number of research analyst reports. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Northland Securities started coverage on Savers Value Village in a research report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price for the company. JPMorgan Chase & Co. raised their target price on Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Finally, Piper Sandler raised their target price on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research report on Friday, August 1st. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $12.20.

Institutional Investors Weigh In On Savers Value Village

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. State of Wyoming acquired a new stake in Savers Value Village during the 2nd quarter valued at $318,000. Cannell Capital LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter valued at $4,033,000. Shay Capital LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter valued at $765,000. Lazard Asset Management LLC acquired a new stake in shares of Savers Value Village in the 2nd quarter valued at $57,000. Finally, Engineers Gate Manager LP increased its stake in shares of Savers Value Village by 100.1% in the 2nd quarter. Engineers Gate Manager LP now owns 68,563 shares of the company's stock valued at $699,000 after buying an additional 34,291 shares during the period. 98.78% of the stock is owned by institutional investors and hedge funds.

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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