Jubran N. Tanious Sells 7,889 Shares of Savers Value Village, Inc. (NYSE:SVV) Stock

Savers Value Village, Inc. (NYSE:SVV) COO Jubran N. Tanious sold 7,889 shares of the business’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $10.31, for a total transaction of $81,335.59. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Savers Value Village Stock Performance

SVV traded down $0.30 during trading on Thursday, hitting $9.48. The stock had a trading volume of 684,593 shares, compared to its average volume of 741,420. Savers Value Village, Inc. has a twelve month low of $7.78 and a twelve month high of $21.33. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.87 and a current ratio of 1.04. The company’s 50-day moving average price is $10.09 and its 200 day moving average price is $11.25. The firm has a market capitalization of $1.52 billion, a P/E ratio of 21.26 and a beta of 1.59.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC increased its stake in Savers Value Village by 6.7% during the second quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock valued at $335,000 after purchasing an additional 1,749 shares during the last quarter. Aigen Investment Management LP grew its position in Savers Value Village by 29.0% in the 3rd quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock valued at $163,000 after buying an additional 3,477 shares in the last quarter. Sei Investments Co. increased its stake in Savers Value Village by 8.9% during the 2nd quarter. Sei Investments Co. now owns 58,704 shares of the company’s stock valued at $719,000 after buying an additional 4,808 shares during the period. nVerses Capital LLC bought a new stake in Savers Value Village during the second quarter worth approximately $62,000. Finally, Mount Yale Investment Advisors LLC acquired a new stake in shares of Savers Value Village in the first quarter valued at $193,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on SVV shares. Loop Capital dropped their price target on shares of Savers Value Village from $23.00 to $15.00 and set a “buy” rating on the stock in a research report on Monday, August 12th. Robert W. Baird decreased their price objective on Savers Value Village from $21.00 to $13.00 and set an “outperform” rating for the company in a report on Friday, August 9th. Piper Sandler reissued a “neutral” rating and set a $10.00 target price (down previously from $11.00) on shares of Savers Value Village in a research note on Friday, November 8th. JPMorgan Chase & Co. lowered Savers Value Village from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $21.00 to $12.00 in a research report on Monday, July 22nd. Finally, The Goldman Sachs Group lowered Savers Value Village from a “buy” rating to a “neutral” rating and cut their price target for the company from $14.00 to $10.00 in a research note on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Savers Value Village has a consensus rating of “Hold” and an average target price of $12.00.

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.