Savers Value Village, Inc. (NYSE:SVV) Insider Melinda L. Geisser Sells 7,824 Shares

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 dated Monday, August 4th. The shares were sold at an average price of $11.48, for a total value of $89,819.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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 value of $518,400.00.

Savers Value Village Trading Down 1.6%

Savers Value Village stock traded down $0.18 during midday trading on Friday, reaching $11.13. The stock had a trading volume of 1,364,651 shares, compared to its average volume of 800,398. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $11.97. The stock has a market capitalization of $1.73 billion, a PE 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. The stock's 50-day simple moving average is $10.49 and its 200 day simple moving average is $9.63.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.14 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $405.75 million. During the same quarter last year, the firm earned $0.14 earnings per share. The firm's revenue for the quarter was up 7.9% compared to the same quarter last year. Analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of SVV. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village during the fourth quarter worth about $36,000. GAMMA Investing LLC increased its position in shares of Savers Value Village by 386.7% during the first quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock worth $41,000 after acquiring an additional 4,671 shares during 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 shares of Savers Value Village during the fourth quarter worth about $57,000. Finally, Walleye Capital LLC purchased a new stake in shares of Savers Value Village during the first quarter worth about $74,000. Institutional investors and hedge funds own 98.78% of the company's stock.

Analysts Set New Price Targets

SVV has been the subject of several analyst reports. The Goldman Sachs Group upped their price objective on Savers Value Village from $9.00 to $10.00 and gave the company a "neutral" rating in a research note on Friday, May 2nd. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Northland Securities initiated coverage on Savers Value Village in a research note on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price for the company. JPMorgan Chase & Co. increased their target price on Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Three equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $12.67.

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.