Jane Street Group LLC Sells 226,528 Shares of Savers Value Village, Inc. (NYSE:SVV)

Jane Street Group LLC decreased its holdings in shares of Savers Value Village, Inc. (NYSE:SVV - Free Report) by 91.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,348 shares of the company's stock after selling 226,528 shares during the quarter. Jane Street Group LLC's holdings in Savers Value Village were worth $225,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in SVV. FMR LLC raised its stake in shares of Savers Value Village by 30.8% during the 3rd quarter. FMR LLC now owns 3,437,895 shares of the company's stock worth $36,167,000 after purchasing an additional 808,867 shares in the last quarter. Makaira Partners LLC bought a new stake in Savers Value Village during the second quarter worth $27,418,000. Thrivent Financial for Lutherans raised its position in Savers Value Village by 329.5% during the second quarter. Thrivent Financial for Lutherans now owns 2,068,621 shares of the company's stock worth $25,320,000 after acquiring an additional 1,586,964 shares in the last quarter. The Manufacturers Life Insurance Company lifted its stake in Savers Value Village by 34.3% in the second quarter. The Manufacturers Life Insurance Company now owns 1,883,269 shares of the company's stock valued at $23,051,000 after acquiring an additional 481,423 shares during the last quarter. Finally, Baillie Gifford & Co. grew its position in shares of Savers Value Village by 34.8% in the 3rd quarter. Baillie Gifford & Co. now owns 550,634 shares of the company's stock valued at $5,793,000 after acquiring an additional 142,101 shares during the period. Institutional investors own 98.78% of the company's stock.

Insider Transactions at Savers Value Village

In other news, COO Jubran N. Tanious sold 7,889 shares of the business's stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $10.31, for a total value of $81,335.59. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.38% of the stock is currently owned by corporate insiders.

Savers Value Village Stock Performance

SVV stock traded up $1.08 during midday trading on Friday, reaching $10.45. 956,747 shares of the company were exchanged, compared to its average volume of 619,124. 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 capitalization of $1.67 billion, a price-to-earnings ratio of 22.72 and a beta of 1.04. The business has a 50-day moving average price of $9.83 and a two-hundred day moving average price of $10.09. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86.

Analyst Ratings Changes

Separately, Piper Sandler reaffirmed a "neutral" rating and issued a $10.00 target price (down from $11.00) on shares of Savers Value Village in a report on Friday, November 8th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average price target of $12.00.

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.