Insider Selling: Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells 15,000 Shares of Stock

Key Points

• Richard A. Medway, General Counsel of Savers Value Village, sold **15,000 shares** of the company at an average price of **$11.48**, totaling **$172,200**.
• The company's recent quarterly earnings report revealed an **EPS of $0.14**, exceeding analysts' expectations, with revenues increasing by **7.9%** year over year.
• Analysts have raised their price targets on Savers Value Village, with the average price target now at **$12.71**, indicating a consensus of a **Moderate Buy** rating for the stock.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 15,000 shares of Savers Value Village stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $11.48, for a total transaction of $172,200.00. 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 31st, Richard A. Medway sold 2,637 shares of Savers Value Village stock. The shares were sold at an average price of $10.48, for a total transaction of $27,635.76.
• On Wednesday, July 23rd, Richard A. Medway sold 4,228 shares of Savers Value Village stock. The stock was sold at an average price of $10.51, for a total transaction of $44,436.28.
• On Tuesday, July 22nd, Richard A. Medway sold 600 shares of Savers Value Village stock. The stock was sold at an average price of $10.51, for a total transaction of $6,306.00.
• On Friday, July 18th, Richard A. Medway sold 1,800 shares of Savers Value Village stock. The stock was sold at an average price of $10.53, for a total transaction of $18,954.00.
• On Thursday, July 3rd, Richard A. Medway sold 17,619 shares of Savers Value Village stock. The stock was sold at an average price of $10.65, for a total transaction of $187,642.35.
• On Monday, May 12th, Richard A. Medway sold 604 shares of Savers Value Village stock. The stock was sold at an average price of $11.53, for a total transaction of $6,964.12.
• On Thursday, May 8th, Richard A. Medway sold 16,490 shares of Savers Value Village stock. The stock was sold at an average price of $11.49, for a total transaction of $189,470.10.

Savers Value Village Price Performance

Shares of SVV traded down $0.18 during mid-day trading on Friday, hitting $11.13. 1,364,651 shares of the company were exchanged, compared to its average volume of 800,398. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of 53.00 and a beta of 1.00. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.57 and a current ratio of 0.69. Savers Value Village, Inc. has a 1-year low of $6.48 and a 1-year high of $11.97. The company has a 50 day moving average of $10.49 and a 200-day moving average of $9.63.

Savers Value Village (NYSE:SVV - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $417.21 million during the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. Savers Value Village's quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.14 EPS. Analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

SVV has been the topic of several analyst reports. Northland Capmk raised shares of Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Piper Sandler upped their price target on shares of Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a report on Friday, August 1st. Northland Securities assumed coverage on shares of Savers Value Village in a research report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective for the company. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. upped their price target on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research report on Monday, July 28th. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $12.67.

Institutional Trading of Savers Value Village

Hedge funds have recently made changes to their positions in the company. Baillie Gifford & Co. boosted its position in shares of Savers Value Village by 76.4% during the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock worth $44,919,000 after purchasing an additional 2,820,500 shares during the period. T. Rowe Price Investment Management Inc. boosted its position in shares of Savers Value Village by 49.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 5,969,900 shares of the company's stock worth $61,192,000 after purchasing an additional 1,970,894 shares during the period. Ameriprise Financial Inc. purchased a new position in shares of Savers Value Village during the 4th quarter worth approximately $11,324,000. Marshall Wace LLP boosted its position in shares of Savers Value Village by 1,328.7% during the 4th quarter. Marshall Wace LLP now owns 541,103 shares of the company's stock worth $5,546,000 after purchasing an additional 503,230 shares during the period. Finally, Archon Capital Management LLC purchased a new position in shares of Savers Value Village during the 4th quarter worth approximately $3,945,000. Hedge funds and other institutional investors own 98.78% of the company's stock.

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.