Savers Value Village (NYSE:SVV) General Counsel Sells $218,925.00 in Stock

Key Points

• Richard Medway, General Counsel of Savers Value Village, sold 17,500 shares of the company at an average price of $12.51, totaling approximately $218,925.
• Savers Value Village shares are currently trading down 3.3%, with a recent trading price of $12.12 and a market capitalization of $1.89 billion.
• The company reported $0.14 earnings per share for the last quarter, exceeding analysts' expectations, and has set FY 2025 guidance between $0.410 and $0.480 EPS.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard Medway sold 17,500 shares of the stock in a transaction that occurred on Tuesday, September 2nd. The shares were sold at an average price of $12.51, for a total transaction of $218,925.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Savers Value Village Trading Down 3.3%

Shares of SVV stock traded down $0.42 during trading hours on Wednesday, hitting $12.12. 1,534,709 shares of the company were exchanged, compared to its average volume of 838,071. The firm has a market cap of $1.89 billion, a P/E ratio of 57.73 and a beta of 1.02. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $12.73. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69. The company has a 50 day simple moving average of $10.87 and a two-hundred day simple moving average of $9.68.

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 (EPS) for the quarter, topping 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 company had revenue of $417.21 million for the quarter, compared to analysts' expectations of $405.75 million. During the same period last year, the business earned $0.14 EPS. Savers Value Village's quarterly revenue was up 7.9% compared to the same quarter last year. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Equities analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS 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. Wells Fargo & Company MN boosted its position in shares of Savers Value Village by 51.7% during the 4th quarter. Wells Fargo & Company MN now owns 10,931 shares of the company's stock valued at $112,000 after acquiring an additional 3,725 shares during the last quarter. Barclays PLC lifted its position in Savers Value Village by 23.0% in the 4th quarter. Barclays PLC now owns 52,262 shares of the company's stock worth $536,000 after buying an additional 9,761 shares during the last quarter. First Trust Advisors LP bought a new stake in Savers Value Village in the fourth quarter valued at approximately $578,000. Dimensional Fund Advisors LP bought a new stake in Savers Value Village in the fourth quarter valued at approximately $767,000. Finally, Hsbc Holdings PLC lifted its position in Savers Value Village by 12.6% in the fourth quarter. Hsbc Holdings PLC now owns 39,883 shares of the company's stock valued at $410,000 after purchasing an additional 4,454 shares during the last quarter. Hedge funds and other institutional investors own 98.78% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Piper Sandler raised 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. JPMorgan Chase & Co. raised 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. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research report on Saturday, August 2nd. Northland Securities assumed coverage on Savers Value Village in a research report on Tuesday, June 10th. They set an "outperform" rating and a $15.00 target price for the company. Finally, Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research report on Tuesday, June 10th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock 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.

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