Savers Value Village (NYSE:SVV) General Counsel Sells $273,800.00 in Stock

Key Points

• Richard Medway, General Counsel of Savers Value Village, sold 20,000 shares of the company’s stock for a total of $273,800 on September 26th.
• Savers Value Village reported a net margin of 2.14% and a 7.9% year-over-year revenue increase, with quarterly earnings per share beating expectations.
• The stock currently has a consensus rating of "Moderate Buy" with a price target of $12.20, as several analysts upgraded their ratings recently.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard Medway sold 20,000 shares of the firm's stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $13.69, for a total transaction of $273,800.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Savers Value Village Stock Performance

Shares of NYSE:SVV traded down $0.35 during trading hours on Tuesday, hitting $13.26. The stock had a trading volume of 1,959,622 shares, compared to its average volume of 982,459. The stock's fifty day simple moving average is $11.80 and its 200 day simple moving average is $10.31. Savers Value Village, Inc. has a 1-year low of $6.48 and a 1-year high of $13.89. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 63.15 and a beta of 1.02. The company has a debt-to-equity ratio of 1.65, a quick ratio of 0.51 and a current ratio of 0.69.

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 (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.02. The business had revenue of $417.21 million during the quarter, compared to analysts' expectations of $405.75 million. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The business's revenue was up 7.9% on a year-over-year basis. During the same period last year, the firm posted $0.14 earnings per share. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. Sell-side analysts anticipate that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

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

Institutional Trading of Savers Value Village

A number of large investors have recently added to or reduced their stakes in SVV. BNP Paribas Financial Markets purchased a new stake in shares of Savers Value Village in the 4th quarter valued at approximately $36,000. Sandia Investment Management LP purchased a new stake in shares of Savers Value Village in the 2nd quarter valued at approximately $51,000. Lazard Asset Management LLC purchased a new stake in shares of Savers Value Village in the 2nd quarter valued at approximately $57,000. GAMMA Investing LLC lifted its position in shares of Savers Value Village by 386.7% in the 1st quarter. GAMMA Investing LLC now owns 5,879 shares of the company's stock valued at $41,000 after acquiring an additional 4,671 shares in the last quarter. Finally, Versant Capital Management Inc purchased a new stake in shares of Savers Value Village in the 1st quarter valued at approximately $51,000. 98.78% of the stock is currently owned by 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.

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