Militia Capital Management LLC bought a new position in shares of Savers Value Village, Inc. (NYSE:SVV – Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 384,157 shares of the company’s stock, valued at approximately $2,858,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Caitong International Asset Management Co. Ltd raised its stake in shares of Savers Value Village by 281.8% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after buying an additional 1,409 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Savers Value Village by 11.2% in the fourth quarter. Deutsche Bank AG now owns 14,648 shares of the company’s stock worth $137,000 after buying an additional 1,472 shares during the last quarter. Nuveen LLC grew its holdings in Savers Value Village by 1.8% during the fourth quarter. Nuveen LLC now owns 114,022 shares of the company’s stock worth $1,065,000 after acquiring an additional 2,042 shares during the period. Invesco Ltd. grew its holdings in Savers Value Village by 5.9% during the second quarter. Invesco Ltd. now owns 39,781 shares of the company’s stock worth $406,000 after acquiring an additional 2,224 shares during the period. Finally, SG Americas Securities LLC raised its position in Savers Value Village by 5.7% during the fourth quarter. SG Americas Securities LLC now owns 46,128 shares of the company’s stock valued at $431,000 after acquiring an additional 2,469 shares in the last quarter. 98.78% of the stock is currently owned by institutional investors and hedge funds.
Savers Value Village Trading Down 0.5%
Shares of NYSE:SVV opened at $9.53 on Thursday. Savers Value Village, Inc. has a 1 year low of $6.91 and a 1 year high of $13.89. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 68.07 and a beta of 1.23. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.79 and a quick ratio of 0.59. The business’s 50 day moving average price is $9.31 and its 200-day moving average price is $9.21.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the stock. BTIG Research decreased their target price on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Robert W. Baird dropped their price target on shares of Savers Value Village from $13.00 to $12.00 and set an “outperform” rating on the stock in a research report on Thursday, May 7th. Piper Sandler cut their price objective on shares of Savers Value Village from $12.00 to $11.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, Weiss Ratings downgraded shares of Savers Value Village from a “sell (d+)” rating to a “sell (d)” rating in a research report on Thursday, May 7th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.00.
Get Our Latest Research Report on SVV
Insider Buying and Selling at Savers Value Village
In related news, CEO Mark T. Walsh sold 41,600 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $10.08, for a total value of $419,328.00. Following the completion of the sale, the chief executive officer owned 47,363 shares of the company’s stock, valued at approximately $477,419.04. This trade represents a 46.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 45,000 shares of company stock worth $453,793. Insiders own 3.46% of the company’s stock.
Savers Value Village Profile
Savers Value Village, Inc (NYSE: SVV) is a publicly traded thrift retailer that operates a network of donation-based retail stores. Headquartered in Bellevue, Washington, the company specializes in selling second-hand apparel, footwear, household items, accessories and other pre-owned goods. Through its retail stores, SVV offers value-conscious shoppers the opportunity to purchase quality, gently used merchandise at affordable prices.
At the heart of the company’s model is a partnership network with more than 500 nonprofit organizations across North America.
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