Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway Sells 1,800 Shares

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 1,800 shares of Savers Value Village stock in a transaction that occurred on Friday, July 18th. The shares were sold at an average price of $10.53, for a total transaction of $18,954.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Richard A. Medway also recently made the following trade(s):

• On Thursday, July 3rd, Richard A. Medway sold 17,619 shares of Savers Value Village stock. The shares were sold at an average price of $10.65, for a total value of $187,642.35.
• On Monday, May 12th, Richard A. Medway sold 604 shares of Savers Value Village stock. The shares were sold at an average price of $11.53, for a total value of $6,964.12.
• On Thursday, May 8th, Richard A. Medway sold 16,490 shares of Savers Value Village stock. The shares were sold at an average price of $11.49, for a total value of $189,470.10.

Savers Value Village Stock Down 1.7%

SVV traded down $0.18 during trading on Thursday, hitting $10.26. The stock had a trading volume of 589,742 shares, compared to its average volume of 796,225. The company has a market capitalization of $1.59 billion, a PE ratio of 68.37 and a beta of 0.99. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $11.89. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.57 and a current ratio of 0.74. The stock has a 50 day simple moving average of $10.30 and a two-hundred day simple moving average of $9.61.

Wall Street Analysts Forecast Growth

SVV has been the subject of a number of research reports. William Blair began coverage on Savers Value Village in a report on Friday, April 4th. They issued an "outperform" rating for the company. Northland Capmk upgraded shares of Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Northland Securities began coverage on shares of Savers Value Village in a research note on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price objective on the stock. The Goldman Sachs Group increased their price objective on shares of Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Finally, Piper Sandler increased their price objective on shares of Savers Value Village from $10.00 to $11.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Three analysts have rated the stock with a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $12.29.

Institutional Investors Weigh In On Savers Value Village

Several institutional investors have recently bought and sold shares of SVV. Bank of New York Mellon Corp boosted its stake in Savers Value Village by 94.0% in the fourth quarter. Bank of New York Mellon Corp now owns 124,901 shares of the company's stock valued at $1,280,000 after acquiring an additional 60,507 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Savers Value Village by 8.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 225,267 shares of the company's stock valued at $2,309,000 after acquiring an additional 17,482 shares in the last quarter. American Century Companies Inc. boosted its stake in Savers Value Village by 15.6% in the fourth quarter. American Century Companies Inc. now owns 15,410 shares of the company's stock valued at $158,000 after acquiring an additional 2,085 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in Savers Value Village in the fourth quarter valued at approximately $57,000. Finally, Vanguard Group Inc. boosted its stake in Savers Value Village by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 2,382,647 shares of the company's stock valued at $24,422,000 after acquiring an additional 68,316 shares in the last quarter. 98.78% of the stock is currently owned by institutional investors and hedge funds.

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.