Melinda Geisser Sells 14,000 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• Melinda Geisser, an insider at Savers Value Village, sold 14,000 shares of the company at an average price of $12.98, totaling $181,720, in a transaction disclosed on September 5th.
• Savers Value Village reported $0.14 earnings per share for the last quarter, exceeding estimates and reflecting a 7.9% revenue increase compared to the same period last year.
• Institutional ownership is high, with 98.78% of shares held by hedge funds and institutional investors, indicating strong market confidence in the company's potential.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) insider Melinda Geisser sold 14,000 shares of the business's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $12.98, for a total value of $181,720.00. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Savers Value Village Stock Performance

Shares of NYSE SVV traded up $0.02 during mid-day trading on Tuesday, hitting $12.53. The stock had a trading volume of 797,401 shares, compared to its average volume of 1,090,866. The company has a 50 day moving average of $11.08 and a two-hundred day moving average of $9.74. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $13.03. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. The firm has a market cap of $1.95 billion, a PE ratio of 54.39 and a beta of 1.02.

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, topping the consensus estimate of $0.12 by $0.02. The firm had revenue of $417.21 million during the quarter, compared to analysts' expectations of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The company's revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period last year, the business posted $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Research analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Trading of Savers Value Village

Institutional investors and hedge funds have recently made changes to their positions in the business. Primecap Management Co. CA increased its stake in Savers Value Village by 0.4% during the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company's stock worth $3,267,000 after buying an additional 1,775 shares in the last quarter. Invesco Ltd. increased its stake in Savers Value Village by 5.9% during the 2nd quarter. Invesco Ltd. now owns 39,781 shares of the company's stock worth $406,000 after buying an additional 2,224 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in Savers Value Village during the 4th quarter worth approximately $36,000. Wells Fargo & Company MN increased its stake in Savers Value Village by 51.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock worth $112,000 after buying an additional 3,725 shares in the last quarter. Finally, GAMMA Investing LLC increased its stake 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 in the last quarter. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SVV has been the topic of a number of recent research reports. Piper Sandler upped their target price on Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Wall Street Zen upgraded Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. JPMorgan Chase & Co. upped their target price 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 report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective for the company. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. One 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's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $12.20.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.