Richard A. Medway Sells 1,333 Shares of Savers Value Village (NYSE:SVV) Stock

Key Points

• Savers Value Village's General Counsel Richard Medway sold 1,333 shares of the company stock for $17,368.99 at an average price of $13.03.
• The company's recent quarterly earnings report showed earnings per share of $0.14, surpassing estimates, with a revenue of $417.21 million.
• Several institutional investors have recently increased their stakes in Savers Value Village, with 98.78% of the stock now owned by hedge funds and other institutional investors.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 1,333 shares of the firm's stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $13.03, for a total value of $17,368.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

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 stock was sold at an average price of $11.48, for a total value 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 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 value 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 stock was 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 Performance

NYSE SVV traded down $0.23 on Friday, hitting $12.67. 5,230,796 shares of the company traded hands, compared to its average volume of 1,291,638. The company has a market capitalization of $1.97 billion, a price-to-earnings ratio of 56.09 and a beta of 1.02. The company has a current ratio of 0.69, a quick ratio of 0.51 and a debt-to-equity ratio of 1.65. The business's 50 day moving average price is $11.43 and its 200-day moving average price is $10.01. Savers Value Village, Inc. has a 52-week low of $6.48 and a 52-week high of $13.11.

Savers Value Village (NYSE:SVV - Get Free Report) last released its earnings results 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. The company had revenue of $417.21 million for the quarter, compared to the consensus estimate of $405.75 million. Savers Value Village had a return on equity of 8.85% and a net margin of 2.14%.Savers Value Village's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Equities analysts expect that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Institutional Investors Weigh In On Savers Value Village

Several large investors have recently added to or reduced their stakes in SVV. Baillie Gifford & Co. increased its stake in Savers Value Village by 76.4% during the first 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 bought a new stake in Savers Value Village during the second quarter worth approximately $16,038,000. T. Rowe Price Investment Management Inc. increased its stake in Savers Value Village by 19.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company's stock worth $49,247,000 after acquiring an additional 1,167,253 shares during the last quarter. Ameriprise Financial Inc. bought a new stake in Savers Value Village during the fourth quarter worth approximately $11,324,000. Finally, Marshall Wace LLP increased its stake in Savers Value Village by 97.8% during the second 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 during the last quarter. 98.78% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on SVV. JPMorgan Chase & Co. lifted their target price on Savers Value Village from $9.00 to $11.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. Northland Capmk upgraded Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. Piper Sandler boosted their price objective 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 assumed coverage on Savers Value Village in a research report on Tuesday, June 10th. They issued an "outperform" rating and a $15.00 price objective on the stock. Finally, Wall Street Zen upgraded 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 assigned a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Savers Value Village currently has an average rating of "Moderate Buy" and a consensus target price of $12.20.

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.