Richard A. Medway Sells 3,615 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• Richard Medway, General Counsel of Savers Value Village, sold 3,615 shares at an average price of $12.98, totaling approximately $46,922.70.
• Savers Value Village shares recently traded down 1.8% to $12.67, with a market capitalization of $1.97 billion and a price-to-earnings ratio of 60.34.
• In its last quarterly report, Savers Value Village beat earnings expectations with $0.14 earnings per share and is projecting FY 2025 earnings guidance of 0.410-0.480 EPS.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 3,615 shares of the company's stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $12.98, for a total value of $46,922.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Richard A. Medway also recently made the following trade(s):

• On Monday, August 4th, Richard A. Medway sold 15,000 shares of Savers Value Village stock. The shares were sold at an average price of $11.48, for a total transaction of $172,200.00.
• 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 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 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 value 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 value of $187,642.35.

Savers Value Village Stock Up 0.7%

Shares of SVV traded up $0.08 during midday trading on Monday, hitting $12.73. The stock had a trading volume of 2,243,571 shares, compared to its average volume of 1,522,710. The company has a debt-to-equity ratio of 1.65, a current ratio of 0.69 and a quick ratio of 0.51. The firm has a market cap of $1.98 billion, a price-to-earnings ratio of 60.64 and a beta of 1.02. The company has a 50 day simple moving average of $11.48 and a two-hundred day simple moving average of $10.09. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $13.11.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.12 by $0.02. The company had revenue of $417.21 million for the quarter, compared to analysts' expectations of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.The business's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.14 EPS. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. On average, analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Northland Capmk upgraded Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. JPMorgan Chase & Co. increased their target price on shares of Savers Value Village from $9.00 to $11.00 and gave the stock a "neutral" rating in a research note on Monday, July 28th. Piper Sandler lifted their target price on Savers Value Village from $11.00 to $12.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Northland Securities started coverage on Savers Value Village in a report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 price target on the stock. Finally, Wall Street Zen raised shares of Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Savers Value Village currently has an average rating of "Moderate Buy" and a consensus price target of $12.20.

Hedge Funds Weigh In On Savers Value Village

A number of large investors have recently modified their holdings of SVV. Baillie Gifford & Co. lifted its holdings in shares of Savers Value Village by 76.4% in the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company's stock worth $44,919,000 after acquiring an additional 2,820,500 shares during the last quarter. Divisadero Street Capital Management LP purchased a new stake in Savers Value Village in the 2nd quarter worth approximately $16,038,000. T. Rowe Price Investment Management Inc. boosted its holdings in Savers Value Village by 19.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company's stock valued at $49,247,000 after acquiring an additional 1,167,253 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of Savers Value Village by 89.2% during the second quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company's stock valued at $21,937,000 after buying an additional 1,013,875 shares during the period. Finally, Marshall Wace LLP raised its position in shares of Savers Value Village by 97.8% in the 2nd quarter. Marshall Wace LLP now owns 1,832,697 shares of the company's stock worth $18,694,000 after acquiring an additional 905,986 shares in the last quarter. 98.78% of the stock is owned by hedge funds and other institutional investors.

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.