Insider Selling: Savers Value Village, Inc. (NYSE:SVV) General Counsel Sells 1,600 Shares of Stock

Savers Value Village, Inc. (NYSE:SVV - Get Free Report) General Counsel Richard A. Medway sold 1,600 shares of the stock in a transaction 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 legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 shares were sold at an average price of $11.48, for a total value of $55,104.00.

Savers Value Village Price Performance

Shares of SVV traded down $0.15 during midday trading on Friday, reaching $11.13. The stock had a trading volume of 1,114,637 shares, compared to its average volume of 558,777. The company has a current ratio of 1.04, a quick ratio of 0.86 and a debt-to-equity ratio of 1.70. The company has a market capitalization of $1.78 billion, a price-to-earnings ratio of 24.20 and a beta of 1.04. The company's 50-day moving average is $10.25 and its 200 day moving average is $9.98. Savers Value Village, Inc. has a 12-month low of $7.78 and a 12-month high of $21.33.

Savers Value Village (NYSE:SVV - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.11 earnings per share (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 firm had revenue of $394.80 million during the quarter, compared to analysts' expectations of $401.94 million. During the same period in the prior year, the company earned ($0.05) EPS. On average, equities analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Trading of Savers Value Village

Several institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC lifted its stake 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 valued at $335,000 after acquiring an additional 1,749 shares during the last quarter. Aigen Investment Management LP lifted 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 purchasing an additional 3,477 shares during the last quarter. Sei Investments Co. boosted its stake in shares of Savers Value Village by 8.9% during the second quarter. Sei Investments Co. now owns 58,704 shares of the company's stock valued at $719,000 after purchasing an additional 4,808 shares during the period. GSA Capital Partners LLP purchased a new stake in shares of Savers Value Village during the third quarter valued at approximately $248,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Savers Value Village in the third quarter worth approximately $252,000. 98.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler raised their target price on shares of 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 assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $12.20.

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.