Archon Capital Management LLC Has $7.43 Million Stake in Savers Value Village, Inc. $SVV

Archon Capital Management LLC trimmed its holdings in Savers Value Village, Inc. (NYSE:SVV) by 7.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 728,067 shares of the company’s stock after selling 59,545 shares during the period. Savers Value Village makes up 6.1% of Archon Capital Management LLC’s investment portfolio, making the stock its biggest holding. Archon Capital Management LLC’s holdings in Savers Value Village were worth $7,426,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Federated Hermes Inc. grew its position in shares of Savers Value Village by 671.3% in the first quarter. Federated Hermes Inc. now owns 185,107 shares of the company’s stock valued at $1,277,000 after purchasing an additional 161,107 shares in the last quarter. Primecap Management Co. CA boosted its stake in Savers Value Village by 0.4% in the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company’s stock worth $3,267,000 after purchasing an additional 1,775 shares during the period. Invesco Ltd. grew its holdings in Savers Value Village by 16.3% during the 1st quarter. Invesco Ltd. now owns 37,557 shares of the company’s stock valued at $259,000 after buying an additional 5,253 shares in the last quarter. Nuveen LLC purchased a new position in Savers Value Village during the 1st quarter valued at about $742,000. Finally, AIA Group Ltd increased its position in shares of Savers Value Village by 47.3% during the first quarter. AIA Group Ltd now owns 145,807 shares of the company’s stock valued at $1,006,000 after buying an additional 46,814 shares during the period. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Insider Transactions at Savers Value Village

In other Savers Value Village news, CEO Mark T. Walsh sold 34,184 shares of the company’s stock in a transaction that occurred on Wednesday, September 24th. The stock was sold at an average price of $13.08, for a total value of $447,126.72. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, General Counsel Richard A. Medway sold 20,000 shares of the stock in a transaction that occurred on Friday, September 26th. The shares were sold at an average price of $13.69, for a total transaction of $273,800.00. The SEC filing for this sale provides additional information. In the last three months, insiders sold 99,550 shares of company stock worth $1,324,924. 3.09% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Wall Street Zen cut shares of Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. BTIG Research began coverage on shares of Savers Value Village in a report on Tuesday, October 14th. They issued a “buy” rating and a $18.00 price target for the company. UBS Group boosted their price target on shares of Savers Value Village from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Savers Value Village in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $13.67.

Savers Value Village Price Performance

SVV stock opened at $8.91 on Friday. The firm has a 50 day simple moving average of $10.77 and a two-hundred day simple moving average of $10.94. The stock has a market cap of $1.39 billion, a PE ratio of -889.61 and a beta of 1.01. Savers Value Village, Inc. has a one year low of $6.48 and a one year high of $13.89. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.81 and a quick ratio of 0.61.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data on Wednesday, January 15th. The company reported $0.18 earnings per share (EPS) for the quarter. The company had revenue of $394.80 million during the quarter. Savers Value Village had a negative net margin of 0.11% and a positive return on equity of 9.18%. On average, analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current fiscal year.

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.