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 sale was disclosed in a filing with the SEC, which is available at 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 stock was sold at an average price of $10.48, for a total value 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 value of $6,306.00.
• On Friday, July 18th, Richard A. Medway sold 1,800 shares of Savers Value Village stock. The shares were 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 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 transaction 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 transaction of $189,470.10.

Savers Value Village Stock Performance

NYSE SVV traded down $0.18 on Friday, hitting $11.13. 1,364,651 shares of the company traded hands, compared to its average volume of 800,398. The company has a current ratio of 0.69, a quick ratio of 0.57 and a debt-to-equity ratio of 1.65. The business's 50 day moving average price is $10.49 and its 200-day moving average price is $9.64. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of 53.00 and a beta of 1.00. Savers Value Village, Inc. has a 52-week low of $6.48 and a 52-week high of $11.97.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings results 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 analyst estimates of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%. The firm's revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.14 earnings per share. Equities analysts expect that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Hedge Funds Weigh In On Savers Value Village

A number of hedge funds and other institutional investors have recently modified their holdings of SVV. Baillie Gifford & Co. boosted its position in Savers Value Village by 76.4% during the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock valued at $44,919,000 after acquiring an additional 2,820,500 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in Savers Value Village by 49.3% in the fourth 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 in the last quarter. Ameriprise Financial Inc. purchased a new stake in shares of Savers Value Village during the fourth quarter valued at about $11,324,000. Marshall Wace LLP boosted its holdings in shares of Savers Value Village by 1,328.7% in the 4th quarter. Marshall Wace LLP now owns 541,103 shares of the company's stock valued at $5,546,000 after buying an additional 503,230 shares in the last quarter. Finally, Archon Capital Management LLC purchased a new position in shares of Savers Value Village in the 4th quarter worth approximately $3,945,000. 98.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on SVV. JPMorgan Chase & Co. lifted their price objective on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. Northland Securities initiated coverage on shares of Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price target on the stock. Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, The Goldman Sachs Group raised their target price on shares of Savers Value Village from $9.00 to $10.00 and gave the stock a "neutral" rating in a report on Friday, May 2nd. Three analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Savers Value Village has a consensus rating of "Moderate Buy" and an average price target of $12.71.

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.