Mark Walsh Sells 92,059 Shares of Savers Value Village (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVVGet Free Report) CEO Mark Walsh sold 92,059 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $11.93, for a total value of $1,098,263.87. Following the transaction, the chief executive officer owned 47,363 shares of the company’s stock, valued at $565,040.59. This trade represents a 66.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Savers Value Village Trading Up 1.2%

SVV opened at $10.84 on Friday. The company has a debt-to-equity ratio of 1.64, a quick ratio of 0.59 and a current ratio of 0.79. The stock’s 50 day moving average price is $10.05 and its 200-day moving average price is $9.25. Savers Value Village, Inc. has a one year low of $6.91 and a one year high of $13.89. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of 67.72 and a beta of 1.21.

Savers Value Village (NYSE:SVVGet Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.14 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.14. The firm had revenue of $448.22 million during the quarter, compared to analyst estimates of $449.00 million. Savers Value Village had a return on equity of 14.73% and a net margin of 1.42%.Savers Value Village’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period last year, the company earned $0.14 EPS. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities analysts forecast that Savers Value Village, Inc. will post 0.35 EPS for the current year.

Institutional Trading of Savers Value Village

Institutional investors and hedge funds have recently made changes to their positions in the company. Connor Clark & Lunn Investment Management Ltd. bought a new position in Savers Value Village during the 2nd quarter worth about $263,000. Landscape Capital Management L.L.C. bought a new stake in shares of Savers Value Village in the 2nd quarter valued at about $4,057,000. Ieq Capital LLC bought a new stake in shares of Savers Value Village in the 2nd quarter valued at about $990,000. Danica Pension Livsforsikringsaktieselskab purchased a new stake in shares of Savers Value Village in the 2nd quarter worth approximately $1,986,000. Finally, BlackRock Inc. purchased a new stake in shares of Savers Value Village in the 2nd quarter worth approximately $28,470,000. 98.78% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on SVV. JPMorgan Chase & Co. boosted their target price on shares of Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. BTIG Research decreased their price objective on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, May 7th. The Goldman Sachs Group reissued a “neutral” rating and issued a $11.00 price objective on shares of Savers Value Village in a research report on Friday, August 7th. Weiss Ratings restated a “sell (d)” rating on shares of Savers Value Village in a research note on Tuesday, August 4th. Finally, Piper Sandler raised their target price on shares of Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $14.00.

Read Our Latest Report on SVV

Savers Value Village Company Profile

(Get Free Report)

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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Insider Buying and Selling by Quarter for Savers Value Village (NYSE:SVV)

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