Savers Value Village (NYSE:SVV) Insider Melinda L. Geisser Sells 12,000 Shares

Key Points

• Melinda Geisser, an insider at Savers Value Village, sold 12,000 shares of the company's stock for a total of $143,760 on August 29, at an average price of $11.98 per share.
• Savers Value Village's stock has decreased by 3.3%, closing at $12.12, while experiencing a significant trading volume of 1,534,709 shares.
• The company reported $0.14 earnings per share in its last quarterly results, surpassing analyst expectations, and achieved revenue of $417.21 million, marking a 7.9% year-over-year growth.

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) insider Melinda L. Geisser sold 12,000 shares of the business's stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $11.98, for a total value of $143,760.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Melinda L. Geisser also recently made the following trade(s):

• On Monday, August 4th, Melinda L. Geisser sold 7,824 shares of Savers Value Village stock. The stock was sold at an average price of $11.48, for a total value of $89,819.52.
• On Thursday, July 3rd, Melinda L. Geisser sold 48,000 shares of Savers Value Village stock. The stock was sold at an average price of $10.80, for a total value of $518,400.00.

Savers Value Village Stock Down 1.4%

Shares of NYSE:SVV traded down $0.18 on Friday, reaching $12.56. The company had a trading volume of 1,678,023 shares, compared to its average volume of 1,134,631. Savers Value Village, Inc. has a twelve month low of $6.48 and a twelve month high of $13.03. The stock has a 50-day moving average price of $11.00 and a 200 day moving average price of $9.69. The stock has a market capitalization of $1.95 billion, a P/E ratio of 59.80 and a beta of 1.02. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65.

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 for the quarter, topping 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 return on equity of 8.85% and a net margin of 2.14%.The firm's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.14 EPS. Savers Value Village has set its FY 2025 guidance at 0.410-0.480 EPS. On average, equities analysts expect that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. 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 note on Friday, August 1st. 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 note on Monday, July 28th. Wall Street Zen raised Savers Value Village from a "hold" rating to a "buy" rating in a research note on Saturday, August 2nd. Northland Capmk raised Savers Value Village to a "strong-buy" rating in a research note on Tuesday, June 10th. Finally, Northland Securities assumed coverage on Savers Value Village in a research note on Tuesday, June 10th. They issued 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 MarketBeat.com, Savers Value Village currently has an average rating of "Moderate Buy" and an average target price of $12.20.

Institutional Investors Weigh In On Savers Value Village

Institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets bought a new position in Savers Value Village during the fourth quarter worth about $36,000. GAMMA Investing LLC lifted its holdings in 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 in the last quarter. Versant Capital Management Inc bought a new position in Savers Value Village during the first quarter worth about $51,000. Sandia Investment Management LP bought a new stake in shares of Savers Value Village in the second quarter valued at about $51,000. Finally, Lazard Asset Management LLC bought a new stake in shares of Savers Value Village in the second quarter valued at about $57,000. 98.78% of the stock is owned by institutional investors and hedge funds.

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.