Richard A. Medway Sells 1,600 Shares of Savers Value Village, Inc. (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV) General Counsel Richard A. Medway sold 1,600 shares of Savers Value Village stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $11.48, for a total value of $18,368.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Richard A. Medway also recently made the following trade(s):

• On Tuesday, January 21st, Richard A. Medway sold 4,800 shares of Savers Value Village stock. The stock was sold at an average price of $11.48, for a total transaction of $55,104.00.

Savers Value Village Stock Performance

SVV opened at $11.29 on Friday. The stock has a market cap of $1.80 billion, a PE ratio of 24.54 and a beta of 1.04. Savers Value Village, Inc. has a 1 year low of $7.78 and a 1 year high of $21.33. The stock’s 50 day simple moving average is $10.21 and its 200-day simple moving average is $10.01. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70.

Savers Value Village (NYSE:SVV) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.06). Savers Value Village had a net margin of 4.93% and a return on equity of 9.11%. The business had revenue of $394.80 million during the quarter, compared to analyst estimates of $401.94 million. During the same quarter in the prior year, the company posted ($0.05) EPS. Sell-side 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 price target on shares of Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a report 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. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.20.

Hedge Funds Weigh In On Savers Value Village

A number of hedge funds have recently modified their holdings of the stock. Aigen Investment Management LP grew its position in Savers Value Village by 29.0% in the third quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock valued at $163,000 after acquiring an additional 3,477 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at $248,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Savers Value Village in the 3rd quarter worth about $252,000. Hsbc Holdings PLC increased its position in shares of Savers Value Village by 6.7% during the 2nd quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock worth $335,000 after purchasing an additional 1,749 shares in the last quarter. Finally, Primecap Management Co. CA bought a new position in Savers Value Village during the 3rd quarter valued at about $651,000. 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.