Meros Investment Management LP Takes $5.32 Billion Position in Savers Value Village, Inc. $SVV

Meros Investment Management LP acquired a new stake in shares of Savers Value Village, Inc. (NYSE:SVVFree Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 527,422 shares of the company’s stock, valued at approximately $5,321,688,000. Savers Value Village comprises approximately 1.7% of Meros Investment Management LP’s portfolio, making the stock its 26th biggest holding.

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

Analysts Set New Price Targets

Several analysts have recently issued reports on SVV shares. BTIG Research lowered their price objective on shares of Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, May 7th. Weiss Ratings reiterated a “sell (d)” rating on shares of Savers Value Village in a report on Tuesday, August 4th. 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. Piper Sandler upped their price target on Savers Value Village from $10.00 to $11.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. raised their price objective on Savers Value Village from $11.00 to $14.00 and gave the stock a “neutral” rating in a 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 company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $14.00.

Get Our Latest Stock Analysis on Savers Value Village

Insider Buying and Selling

In other Savers Value Village news, CFO Michael W. Maher sold 49,742 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $12.33, for a total value of $613,318.86. Following the completion of the transaction, the chief financial officer owned 20,163 shares in the company, valued at $248,609.79. This represents a 71.16% decrease in their position. The transaction 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, General Counsel Richard A. Medway sold 45,000 shares of the company’s stock in a transaction that occurred on Friday, August 7th. The stock was sold at an average price of $11.98, for a total value of $539,100.00. Following the completion of the transaction, the general counsel owned 14,440 shares of the company’s stock, valued at approximately $172,991.20. This represents 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. Over the last quarter, insiders sold 539,742 shares of company stock valued at $6,242,986. Insiders own 3.46% of the company’s stock.

Savers Value Village Trading Down 1.8%

NYSE:SVV opened at $10.72 on Wednesday. The business’s 50-day moving average is $10.23 and its two-hundred day moving average is $9.26. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.84 and a quick ratio of 0.66. Savers Value Village, Inc. has a 12 month low of $6.91 and a 12 month high of $13.89. The firm has a market capitalization of $1.65 billion, a PE ratio of 67.00 and a beta of 1.21.

Savers Value Village (NYSE:SVVGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.14 EPS for the quarter, hitting analysts’ consensus estimates of $0.14. Savers Value Village had a return on equity of 14.58% and a net margin of 1.42%.The company had revenue of $448.22 million for the quarter, compared to analysts’ expectations of $449.00 million. During the same quarter in the previous year, the firm posted $0.14 earnings per share. The firm’s quarterly revenue was up 7.4% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. Research analysts predict that Savers Value Village, Inc. will post 0.39 earnings per share for the current fiscal year.

Savers Value Village Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Savers Value Village (NYSE:SVV)

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