Savers Value Village, Inc. (NYSE:SVV) Shares Bought by ExodusPoint Capital Management LP

ExodusPoint Capital Management LP raised its stake in Savers Value Village, Inc. (NYSE:SVV - Free Report) by 110.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,053 shares of the company's stock after acquiring an additional 42,083 shares during the period. ExodusPoint Capital Management LP owned 0.05% of Savers Value Village worth $821,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in SVV. Geode Capital Management LLC raised its holdings in shares of Savers Value Village by 10.2% in the third quarter. Geode Capital Management LLC now owns 542,999 shares of the company's stock valued at $5,714,000 after buying an additional 50,051 shares during the last quarter. Baillie Gifford & Co. raised its stake in shares of Savers Value Village by 570.0% during the 4th quarter. Baillie Gifford & Co. now owns 3,689,478 shares of the company's stock worth $37,817,000 after buying an additional 3,138,844 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Savers Value Village in the 3rd quarter valued at approximately $252,000. Primecap Management Co. CA boosted its stake in shares of Savers Value Village by 662.1% in the fourth quarter. Primecap Management Co. CA now owns 471,750 shares of the company's stock valued at $4,835,000 after buying an additional 409,850 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Savers Value Village by 94.0% during the fourth quarter. Bank of New York Mellon Corp now owns 124,901 shares of the company's stock worth $1,280,000 after acquiring an additional 60,507 shares during the period. Hedge funds and other institutional investors own 98.78% of the company's stock.

Savers Value Village Trading Down 0.9 %

NYSE SVV traded down $0.08 during trading hours on Wednesday, hitting $8.77. 81,122 shares of the company's stock were exchanged, compared to its average volume of 758,036. The firm has a market capitalization of $1.39 billion, a P/E ratio of 48.72 and a beta of 1.24. Savers Value Village, Inc. has a 12-month low of $6.48 and a 12-month high of $17.91. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 1.04. The business's 50 day moving average is $8.21 and its 200-day moving average is $9.49.

Savers Value Village (NYSE:SVV - Get Free Report) last announced its quarterly earnings results on Thursday, February 20th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.04). Savers Value Village had a return on equity of 8.74% and a net margin of 1.89%. The firm had revenue of $401.99 million for the quarter, compared to analyst estimates of $402.00 million. As a group, analysts anticipate that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SVV has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their price target on shares of Savers Value Village from $10.00 to $9.00 and set a "neutral" rating on the stock in a research note on Friday, February 21st. Piper Sandler decreased their target price on Savers Value Village from $11.00 to $10.00 and set a "neutral" rating on the stock in a research report on Monday, February 24th. William Blair began coverage on shares of Savers Value Village in a report on Friday, April 4th. They set an "outperform" rating for the company. Finally, UBS Group lowered their price target on shares of Savers Value Village from $14.00 to $13.00 and set a "buy" rating on the stock in a research report on Friday, February 21st. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, Savers Value Village presently has an average rating of "Moderate Buy" and an average target price of $11.67.

Insider Activity

In other Savers Value Village news, insider T. Charles Hunsinger purchased 6,000 shares of the business's stock in a transaction that occurred on Friday, March 7th. The shares were acquired at an average price of $7.25 per share, for a total transaction of $43,500.00. Following the completion of the purchase, the insider now owns 14,100 shares in the company, valued at $102,225. The trade was a 74.07 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Richard A. Medway sold 4,800 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of $11.48, for a total transaction of $55,104.00. The disclosure for this sale can be found here. Insiders own 2.38% of the company's stock.

Savers Value Village 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.