Richard Medway Sells 2,300 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• Richard Medway, General Counsel of Savers Value Village, sold 2,300 shares of the company at an average price of $13.00, totaling approximately $29,900.
• Savers Value Village reported an earnings per share of $0.14, exceeding analysts' expectations, and noted a 7.9% year-over-year revenue increase, reaching $417.21 million.
• Institutional investors control 98.78% of Savers Value Village's stock, highlighting significant institutional interest in the company.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard Medway sold 2,300 shares of the firm's stock in a transaction on Friday, September 5th. The stock was sold at an average price of $13.00, for a total value of $29,900.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Savers Value Village Price Performance

NYSE SVV traded up $0.02 on Tuesday, hitting $12.53. 797,401 shares of the company's stock were exchanged, compared to its average volume of 1,090,866. The stock has a 50-day moving average of $11.08 and a 200-day moving average of $9.74. 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 52 week low of $6.48 and a 52 week high of $13.03. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 54.39 and a beta of 1.02.

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 the consensus estimate 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 firm had revenue of $417.21 million during the quarter, compared to analysts' expectations of $405.75 million. During the same period in the prior year, the company earned $0.14 earnings per share. The company's quarterly 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. Analysts expect that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Institutional Trading of Savers Value Village

Several large investors have recently modified their holdings of SVV. BNP Paribas Financial Markets acquired a new stake in shares of Savers Value Village during the 4th quarter worth approximately $36,000. GAMMA Investing LLC grew its position in shares of 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 period. Versant Capital Management Inc bought a new stake in Savers Value Village in the 1st quarter valued at about $51,000. Sandia Investment Management LP bought a new stake in Savers Value Village in the 2nd quarter valued at about $51,000. Finally, Lazard Asset Management LLC acquired a new position in Savers Value Village during the 2nd quarter worth approximately $57,000. Institutional investors and hedge funds own 98.78% of the company's stock.

Wall Street Analysts Forecast Growth

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

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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