Baillie Gifford & Co. reduced its stake in shares of Savers Value Village, Inc. (NYSE:SVV – Free Report) by 2.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,308,210 shares of the company’s stock after selling 264,643 shares during the quarter. Baillie Gifford & Co. owned approximately 0.06% of Savers Value Village worth $123,334,000 as of its most recent filing with the SEC.
Several other large investors have also recently added to or reduced their stakes in the stock. Divisadero Street Capital Management LP purchased a new position in shares of Savers Value Village during the 2nd quarter valued at $16,038,000. Dynamic Technology Lab Private Ltd purchased a new stake in shares of Savers Value Village during the second quarter worth $304,000. TD Asset Management Inc boosted its position in Savers Value Village by 61.7% during the second quarter. TD Asset Management Inc now owns 204,654 shares of the company’s stock valued at $2,087,000 after purchasing an additional 78,070 shares during the last quarter. CWM LLC grew its stake in Savers Value Village by 1,382.9% in the second quarter. CWM LLC now owns 15,333 shares of the company’s stock valued at $156,000 after purchasing an additional 14,299 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in Savers Value Village by 54.2% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 571,961 shares of the company’s stock worth $5,834,000 after purchasing an additional 200,985 shares during the last quarter. Institutional investors and hedge funds own 98.78% of the company’s stock.
Insiders Place Their Bets
In related news, COO Jubran N. Tanious sold 57,706 shares of the stock in a transaction that occurred on Thursday, December 18th. The stock was sold at an average price of $9.21, for a total transaction of $531,472.26. Following the completion of the sale, the chief operating officer owned 99,712 shares in the company, valued at $918,347.52. This represents a 36.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 3.09% of the stock is currently owned by insiders.
Savers Value Village Trading Down 0.7%
Savers Value Village (NYSE:SVV – Get Free Report) last released its earnings results on Thursday, October 30th. The company reported $0.14 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.14. The firm had revenue of $426.94 million during the quarter, compared to analyst estimates of $427.58 million. Savers Value Village had a negative net margin of 0.11% and a positive return on equity of 9.18%. The business’s revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.15 EPS. Savers Value Village has set its FY 2025 guidance at 0.440-0.460 EPS. Equities analysts predict that Savers Value Village, Inc. will post 0.28 EPS for the current year.
Analyst Upgrades and Downgrades
SVV has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Savers Value Village in a research note on Monday, December 29th. BTIG Research started coverage on shares of 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 lowered shares of Savers Value Village from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, UBS Group lifted their price objective on shares of Savers Value Village from $13.00 to $16.00 and gave the company a “buy” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $13.67.
Check Out Our Latest Research Report on Savers Value Village
About Savers Value Village
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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