Insider Selling: Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells $55,104.00 in Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 4,800 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of $11.48, for a total value of $55,104.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Savers Value Village Stock Performance

Shares of NYSE SVV opened at $11.20 on Friday. Savers Value Village, Inc. has a one year low of $7.78 and a one year high of $21.33. The firm has a market cap of $1.79 billion, a price-to-earnings ratio of 24.34 and a beta of 1.04. The stock’s fifty day moving average price is $10.02 and its two-hundred day moving average price is $10.02. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86.

Savers Value Village (NYSE:SVV) last issued its earnings results on Thursday, November 7th. The company reported $0.11 EPS for the quarter, missing the consensus estimate of $0.17 by ($0.06). Savers Value Village had a return on equity of 9.11% and a net margin of 4.93%. The business had revenue of $394.80 million for the quarter, compared to analyst estimates of $401.94 million. During the same period in the previous year, the firm posted ($0.05) EPS. On average, equities analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Analysts Set New Price Targets

Separately, Piper Sandler increased their target price on Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, January 17th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $12.20.

Institutional Investors Weigh In On Savers Value Village

A number of institutional investors have recently modified their holdings of the company. Hsbc Holdings PLC raised its position in shares of Savers Value Village by 6.7% in the 2nd quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock worth $335,000 after acquiring an additional 1,749 shares in the last quarter. Aigen Investment Management LP boosted its position in shares of Savers Value Village by 29.0% during the 3rd quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock valued at $163,000 after purchasing an additional 3,477 shares in the last quarter. Sei Investments Co. grew its stake in Savers Value Village by 8.9% during the second quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock worth $719,000 after purchasing an additional 4,808 shares during the period. Dark Forest Capital Management LP increased its holdings in Savers Value Village by 71.4% in the second quarter. Dark Forest Capital Management LP now owns 48,090 shares of the company’s stock worth $589,000 after purchasing an additional 20,027 shares in the last quarter. Finally, GSA Capital Partners LLP acquired a new position in Savers Value Village in the third quarter valued at approximately $248,000. 98.78% of the stock is 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.