Savers Value Village (NYSE:SVV) Shares Gap Down Following Insider Selling

Savers Value Village, Inc. (NYSE:SVV)’s stock price gapped down prior to trading on Wednesday following insider selling activity. The stock had previously closed at $11.80, but opened at $10.99. Savers Value Village shares last traded at $10.9520, with a volume of 2,246,453 shares.

Specifically, CEO Mark T. Walsh sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $12.20, for a total transaction of $1,220,000.00. Following the completion of the transaction, the chief executive officer directly owned 47,363 shares of the company’s stock, valued at $577,828.60. This trade represents a 67.86% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mark T. Walsh sold 92,059 shares of Savers Value Village stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $11.93, for a total transaction of $1,098,263.87. Following the completion of the sale, the chief executive officer owned 47,363 shares in the company, valued at $565,040.59. This trade represents a 66.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In other news, CEO Mark T. Walsh sold 7,941 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $11.02, for a total value of $87,509.82. Following the sale, the chief executive officer owned 47,363 shares of the company’s stock, valued at $521,940.26. The trade was a 14.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

SVV has been the subject of a number of analyst reports. BTIG Research decreased their target price on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. The Goldman Sachs Group reissued a “neutral” rating and set a $11.00 price target on shares of Savers Value Village in a research report on Friday, August 7th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a research report on Tuesday, August 4th. Robert W. Baird cut their price objective on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Piper Sandler upped their price target 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 investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $14.00.

Savers Value Village Stock Up 1.2%

The firm has a 50-day moving average price of $10.05 and a 200 day moving average price of $9.25. The company has a debt-to-equity ratio of 1.64, a current ratio of 0.79 and a quick ratio of 0.59. The company 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:SVV) last announced its earnings results on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. The company had revenue of $448.22 million for 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%.The firm’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.14 earnings per share. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. Sell-side analysts predict that Savers Value Village, Inc. will post 0.35 EPS for the current year.

Institutional Investors Weigh In On Savers Value Village

Hedge funds and other institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd grew its stake in shares of Savers Value Village by 281.8% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after acquiring an additional 1,409 shares in the last quarter. Deutsche Bank AG boosted its holdings in Savers Value Village by 11.2% in the 4th quarter. Deutsche Bank AG now owns 14,648 shares of the company’s stock valued at $137,000 after purchasing an additional 1,472 shares during the period. Nuveen LLC grew its position in shares of Savers Value Village by 1.8% during the 4th quarter. Nuveen LLC now owns 114,022 shares of the company’s stock worth $1,065,000 after purchasing an additional 2,042 shares in the last quarter. Invesco Ltd. grew its position in shares of Savers Value Village by 5.9% during the 2nd quarter. Invesco Ltd. now owns 39,781 shares of the company’s stock worth $406,000 after purchasing an additional 2,224 shares in the last quarter. Finally, Dark Forest Capital Management LP increased its holdings in shares of Savers Value Village by 2.4% during the third quarter. Dark Forest Capital Management LP now owns 137,424 shares of the company’s stock worth $1,821,000 after purchasing an additional 3,248 shares during the period. Institutional investors and hedge funds own 98.78% of the company’s stock.

Savers Value Village Company Profile

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.