Savers Value Village, Inc. (NYSE:SVV – Get Free Report)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $11.80, but opened at $10.99. Savers Value Village shares last traded at $10.9520, with a volume of 2,246,453 shares traded.
Analyst Upgrades and Downgrades
A number of equities analysts recently weighed in on SVV shares. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $11.00 target price on shares of Savers Value Village in a research note on Friday. Robert W. Baird dropped their price target on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating on the stock in a research note on Thursday, May 7th. Piper Sandler boosted their price target on Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, August 7th. BTIG Research reduced their price objective on Savers Value Village from $18.00 to $15.00 and set a “buy” rating for the company in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. increased 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 investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.00.
View Our Latest Stock Report on SVV
Savers Value Village Trading Down 9.7%
Savers Value Village (NYSE:SVV – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. The firm had revenue of $448.22 million during the quarter, compared to analysts’ expectations of $449.00 million. Savers Value Village had a return on equity of 14.73% and a net margin of 1.42%.The company’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.14 EPS. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. On average, equities research analysts predict that Savers Value Village, Inc. will post 0.35 earnings per share for the current fiscal year.
Insider Activity
In other Savers Value Village news, General Counsel Richard A. Medway sold 45,000 shares of the company’s 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 completion of the sale, the general counsel directly owned 14,440 shares in the company, valued at $172,991.20. This represents a 75.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michael W. Maher sold 49,742 shares of the firm’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $12.33, for a total value of $613,318.86. Following the completion of the sale, the chief financial officer directly owned 20,163 shares in the company, valued at approximately $248,609.79. This represents a 71.16% 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. Insiders have sold a total of 347,683 shares of company stock valued at $3,924,722 over the last quarter. 3.46% of the stock is owned by corporate insiders.
Institutional Trading of Savers Value Village
Several large investors have recently bought and sold shares of SVV. Western Standard LLC acquired a new position in Savers Value Village during the fourth quarter worth about $1,868,000. Militia Capital Management LLC acquired a new stake in shares of Savers Value Village in the 1st quarter valued at approximately $2,858,000. Dimensional Fund Advisors LP boosted its stake in shares of Savers Value Village by 30.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,864,548 shares of the company’s stock valued at $13,869,000 after purchasing an additional 433,296 shares in the last quarter. Capital Research Global Investors grew its holdings in shares of Savers Value Village by 72.9% during the 4th quarter. Capital Research Global Investors now owns 3,330,459 shares of the company’s stock valued at $31,106,000 after purchasing an additional 1,403,909 shares during the last quarter. Finally, Renaissance Technologies LLC grew its holdings in shares of Savers Value Village by 33.4% during the 1st quarter. Renaissance Technologies LLC now owns 1,044,264 shares of the company’s stock valued at $7,769,000 after purchasing an additional 261,563 shares during the last quarter. 98.78% of the stock is owned by institutional investors and hedge funds.
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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