Jubran Tanious Sells 57,706 Shares of Savers Value Village (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV) COO Jubran Tanious sold 57,706 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $9.21, for a total value of $531,472.26. Following the completion of the transaction, the chief operating officer owned 99,712 shares of the company’s stock, valued at $918,347.52. This trade represents a 36.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Savers Value Village Trading Down 0.8%

NYSE SVV opened at $9.17 on Wednesday. The business’s fifty day moving average is $9.81 and its 200-day moving average is $10.88. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.81 and a quick ratio of 0.61. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of -915.58 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.

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 business 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%. Equities research analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current year.

Institutional Trading of Savers Value Village

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Research Global Investors bought a new stake in shares of Savers Value Village during the third quarter valued at about $25,527,000. Divisadero Street Capital Management LP purchased a new position in Savers Value Village during the second quarter valued at approximately $16,038,000. Ameriprise Financial Inc. increased its holdings in Savers Value Village by 89.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company’s stock worth $21,937,000 after acquiring an additional 1,013,875 shares during the period. Marshall Wace LLP lifted its stake in Savers Value Village by 97.8% in the 2nd quarter. Marshall Wace LLP now owns 1,832,697 shares of the company’s stock worth $18,694,000 after purchasing an additional 905,986 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in Savers Value Village by 101.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 939,845 shares of the company’s stock valued at $12,456,000 after purchasing an additional 473,054 shares during the period. 98.78% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

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

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.