Ieq Capital LLC Buys New Shares in Savers Value Village, Inc. $SVV

Ieq Capital LLC bought a new position in shares of Savers Value Village, Inc. (NYSE:SVV) during the second quarter, HoldingsChannel reports. The firm bought 98,075 shares of the company’s stock, valued at approximately $990,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd raised its holdings in Savers Value Village by 281.8% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,909 shares of the company’s stock valued at $25,000 after acquiring an additional 1,409 shares in the last quarter. 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 stake in shares of Savers Value Village during the 2nd quarter worth approximately $57,000. Royal Bank of Canada increased its position in shares of Savers Value Village by 801.5% during the first quarter. Royal Bank of Canada now owns 11,233 shares of the company’s stock valued at $83,000 after purchasing an additional 9,987 shares during the period. Finally, Caxton Associates LLP bought a new stake in shares of Savers Value Village during the first quarter valued at approximately $90,000. 98.78% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CEO Mark T. Walsh sold 100,000 shares of the firm’s stock in a transaction on Thursday, August 6th. The stock was sold at an average price of $10.93, for a total transaction of $1,093,000.00. Following the completion of the sale, the chief executive officer directly owned 147,363 shares of the company’s stock, valued at $1,610,677.59. This trade represents a 40.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Melinda L. Geisser sold 50,000 shares of Savers Value Village 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 completion of the transaction, the insider owned 10,576 shares of the company’s stock, valued at approximately $127,229.28. The trade was a 82.54% 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 sold 539,742 shares of company stock valued at $6,242,986 over the last quarter. 3.46% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Robert W. Baird cut their target price on Savers Value Village from $13.00 to $12.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. The Goldman Sachs Group reiterated a “neutral” rating and set a $11.00 price target on shares of Savers Value Village in a research note on Friday, August 7th. Piper Sandler boosted their price target on shares of Savers Value Village from $10.00 to $11.00 and gave the company a “neutral” rating in a report on Friday, August 7th. JPMorgan Chase & Co. increased their price objective on shares of Savers Value Village from $11.00 to $14.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a report on Tuesday, August 4th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Savers Value Village currently has a consensus rating of “Hold” and an average price target of $14.00.

Savers Value Village Trading Down 2.9%

Shares of Savers Value Village stock opened at $10.53 on Friday. Savers Value Village, Inc. has a 12-month low of $6.91 and a 12-month high of $13.89. The stock has a market capitalization of $1.62 billion, a P/E ratio of 65.79 and a beta of 1.21. The company has a 50-day simple moving average of $10.26 and a 200 day simple moving average of $9.25. The company has a quick ratio of 0.66, a current ratio of 0.84 and a debt-to-equity ratio of 1.59.

Savers Value Village (NYSE:SVV) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.14 EPS for the quarter, meeting analysts’ consensus estimates of $0.14. The firm had revenue of $448.22 million for the quarter, compared to analyst estimates of $449.00 million. Savers Value Village had a net margin of 1.42% and a return on equity of 14.58%. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.14 earnings per share. Savers Value Village has set its FY 2026 guidance at 0.470-0.530 EPS. Research analysts expect that Savers Value Village, Inc. will post 0.39 earnings per share for the current fiscal year.

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.