Savers Value Village, Inc. $SVV Shares Purchased by Cwm LLC

Cwm LLC increased its holdings in shares of Savers Value Village, Inc. (NYSE:SVV) by 1,382.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,333 shares of the company’s stock after acquiring an additional 14,299 shares during the quarter. Cwm LLC’s holdings in Savers Value Village were worth $156,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. T. Rowe Price Investment Management Inc. grew its holdings in shares of Savers Value Village by 19.6% during the first quarter. T. Rowe Price Investment Management Inc. now owns 7,137,153 shares of the company’s stock valued at $49,247,000 after purchasing an additional 1,167,253 shares during the last quarter. Baillie Gifford & Co. grew its stake in Savers Value Village by 76.4% during the 1st quarter. Baillie Gifford & Co. now owns 6,509,978 shares of the company’s stock worth $44,919,000 after buying an additional 2,820,500 shares during the last quarter. Primecap Management Co. CA grew its stake in Savers Value Village by 0.4% during the 1st quarter. Primecap Management Co. CA now owns 473,525 shares of the company’s stock worth $3,267,000 after buying an additional 1,775 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Savers Value Village by 91.5% during the 1st quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 370,976 shares of the company’s stock worth $2,560,000 after buying an additional 177,261 shares during the last quarter. Finally, Landscape Capital Management L.L.C. bought a new position in Savers Value Village during the 1st quarter worth $1,495,000. 98.78% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, insider Melinda L. Geisser sold 20,000 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $13.69, for a total transaction of $273,800.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, General Counsel Richard A. Medway sold 20,000 shares of the firm’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $13.69, for a total value of $273,800.00. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 215,226 shares of company stock worth $2,727,401. Corporate insiders own 3.09% of the company’s stock.

Savers Value Village Trading Down 0.6%

Shares of SVV stock opened at $13.20 on Friday. The stock has a 50-day simple moving average of $12.74 and a 200 day simple moving average of $11.19. Savers Value Village, Inc. has a fifty-two week low of $6.48 and a fifty-two week high of $13.89. The stock has a market capitalization of $2.05 billion, a P/E ratio of 62.86 and a beta of 1.07. The company has a quick ratio of 0.51, a current ratio of 0.69 and a debt-to-equity ratio of 1.65.

Savers Value Village (NYSE:SVV) last posted its quarterly earnings data on Wednesday, January 15th. The company reported $0.18 earnings per share for the quarter. Savers Value Village had a net margin of 2.14% and a return on equity of 8.85%. The company had revenue of $394.80 million during the quarter. On average, sell-side analysts expect that Savers Value Village, Inc. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. BTIG Research assumed coverage on shares of Savers Value Village in a research report on Tuesday, October 14th. They set a “buy” rating and a $18.00 price target for the company. Wall Street Zen upgraded shares of Savers Value Village from a “hold” rating to a “buy” rating in a research report on Saturday, August 2nd. Piper Sandler upped their target price on shares of Savers Value Village from $11.00 to $12.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Weiss Ratings raised Savers Value Village from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, October 24th. Finally, JPMorgan Chase & Co. increased their price objective on Savers Value Village from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Monday, July 28th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Savers Value Village has an average rating of “Moderate Buy” and an average target price of $13.17.

About Savers Value Village

Savers Value Village, Inc sells second-hand merchandise in retail stores in the United States, Canada, and Australia. It operates stores under the Savers, Value Village, Value Village Boutique, Village des Valeurs, Unique, and 2nd Avenue brands. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners and then processes, selects, prices, merchandises, and sells them in its stores.