Savers Value Village, Inc. (NYSE:SVV) Insider Sells $89,819.52 in Stock

Key Points

• Melinda L. Geisser, an insider at Savers Value Village, sold **7,824 shares** for a total of **$89,819.52** on August 4th, with an average price of **$11.48** per share.
• Savers Value Village's stock recently increased to **$11.56** from a **52-week low of $6.48**, supported by solid quarterly earnings of **$0.14 earnings per share**, exceeding estimates.
• Wall Street analysts have issued a **"Moderate Buy"** consensus rating for Savers Value Village, with several upgrades raising target prices, the highest being **$15.00** by Northland Securities.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) insider Melinda L. Geisser sold 7,824 shares of the company's stock in a transaction on Monday, August 4th. The stock was sold at an average price of $11.48, for a total value of $89,819.52. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Melinda L. Geisser also recently made the following trade(s):

• On Thursday, July 3rd, Melinda L. Geisser sold 48,000 shares of Savers Value Village stock. The shares were sold at an average price of $10.80, for a total transaction of $518,400.00.

Savers Value Village Stock Performance

SVV traded up $0.21 during trading hours on Wednesday, hitting $11.56. The company's stock had a trading volume of 1,066,634 shares, compared to its average volume of 750,559. The company has a 50-day simple moving average of $10.42 and a 200 day simple moving average of $9.63. 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 firm has a market capitalization of $1.80 billion, a PE ratio of 55.06 and a beta of 1.00. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $11.97.

Savers Value Village (NYSE:SVV - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, beating 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 company 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 business earned $0.14 earnings per share. Savers Value Village's revenue for the quarter was up 7.9% compared to the same quarter last year. As a group, sell-side analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Wall Street Analysts Forecast Growth

SVV has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Savers Value Village from a "hold" rating to a "buy" rating in a report on Saturday. Piper Sandler increased their price target on Savers Value Village from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Friday, August 1st. Northland Securities assumed coverage on Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price on the stock. JPMorgan Chase & Co. raised their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Finally, Northland Capmk upgraded Savers Value Village to a "strong-buy" rating in a report on Tuesday, June 10th. Three equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $12.71.

Institutional Investors Weigh In On Savers Value Village

Large investors have recently modified their holdings of the company. BNP Paribas Financial Markets purchased a new position in Savers Value Village during the fourth quarter valued at $36,000. GAMMA Investing LLC lifted its holdings in Savers Value Village by 386.7% during the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after purchasing an additional 4,671 shares in the last quarter. Versant Capital Management Inc purchased a new stake in shares of Savers Value Village during the first quarter worth about $51,000. KLP Kapitalforvaltning AS purchased a new stake in Savers Value Village in the 4th quarter worth $57,000. Finally, Walleye Capital LLC purchased a new stake in Savers Value Village during the first quarter valued at $74,000. 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.

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