Danica Pension Livsforsikringsaktieselskab acquired a new stake in Savers Value Village, Inc. (NYSE:SVV – Free Report) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 196,798 shares of the company’s stock, valued at approximately $1,986,000.
Several other large investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd increased its position in 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 worth $25,000 after purchasing an additional 1,409 shares during the period. Sandia Investment Management LP acquired a new stake in shares of Savers Value Village during the 2nd quarter worth approximately $51,000. Lazard Asset Management LLC acquired a new position in Savers Value Village in the second quarter valued at approximately $57,000. Royal Bank of Canada boosted its stake in Savers Value Village by 801.5% in the first quarter. Royal Bank of Canada now owns 11,233 shares of the company’s stock valued at $83,000 after acquiring an additional 9,987 shares during the last quarter. Finally, Caxton Associates LLP bought a new stake in shares of Savers Value Village during the 1st quarter valued at $90,000. Institutional investors and hedge funds own 98.78% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a report on Friday, August 7th. BTIG Research decreased their price target 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. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a research note on Tuesday, August 4th. Piper Sandler boosted their target price on Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $11.00 price target on shares of Savers Value Village in a research report on Friday, August 7th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $14.00.
Savers Value Village Stock Down 0.7%
NYSE:SVV opened at $10.48 on Wednesday. The stock has a 50-day simple moving average of $10.13 and a 200 day simple moving average of $9.26. Savers Value Village, Inc. has a 52-week low of $6.91 and a 52-week high of $13.89. The company has a market cap of $1.62 billion, a PE ratio of 65.54 and a beta of 1.21. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.66 and a current ratio of 0.84.
Savers Value Village (NYSE:SVV – Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $448.22 million for the quarter, compared to analysts’ expectations of $449.00 million. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The business’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.14 EPS. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, sell-side analysts expect that Savers Value Village, Inc. will post 0.35 EPS for the current fiscal year.
Insider Buying and Selling at Savers Value Village
In other news, insider Melinda L. Geisser sold 50,000 shares of the business’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $12.03, for a total value of $601,500.00. Following the sale, the insider owned 10,576 shares of the company’s stock, valued at $127,229.28. The trade was a 82.54% 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. Also, General Counsel Richard A. Medway sold 45,000 shares of the stock in a transaction on Friday, August 7th. The stock was sold at an average price of $11.98, for a total transaction of $539,100.00. Following the transaction, the general counsel owned 14,440 shares of the company’s stock, valued at $172,991.20. The trade was a 75.71% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 539,742 shares of company stock worth $6,242,986. Company insiders own 3.46% of the company’s stock.
Savers Value Village 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.
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