37,357 Shares in Savers Value Village, Inc. (NYSE:SVV) Bought by Jump Financial LLC

Jump Financial LLC purchased a new position in Savers Value Village, Inc. (NYSE:SVVFree Report) in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 37,357 shares of the company’s stock, valued at approximately $697,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SVV. Picton Mahoney Asset Management acquired a new stake in shares of Savers Value Village in the third quarter worth about $188,000. Renaissance Capital LLC acquired a new position in shares of Savers Value Village during the 3rd quarter worth about $213,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Savers Value Village during the 3rd quarter worth about $214,000. Barclays PLC acquired a new position in shares of Savers Value Village during the 2nd quarter worth about $237,000. Finally, Nuveen Asset Management LLC acquired a new position in shares of Savers Value Village during the 2nd quarter worth about $276,000. Institutional investors and hedge funds own 98.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. The Goldman Sachs Group cut their price objective on Savers Value Village from $29.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, November 10th. Piper Sandler cut their price objective on Savers Value Village from $30.00 to $24.00 and set an “overweight” rating for the company in a research report on Friday, November 10th. Nine research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $27.63.

Check Out Our Latest Analysis on Savers Value Village

Insider Activity

In other news, insider Jubran N. Tanious sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 1st. The stock was sold at an average price of $18.43, for a total value of $184,300.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. In the last ninety days, insiders have sold 20,381 shares of company stock worth $371,166.

Savers Value Village Trading Down 1.6 %

Savers Value Village stock opened at $19.10 on Thursday. The business has a 50 day moving average price of $17.09 and a two-hundred day moving average price of $18.41. The company has a quick ratio of 0.77, a current ratio of 0.93 and a debt-to-equity ratio of 2.50. Savers Value Village, Inc. has a 12 month low of $10.16 and a 12 month high of $26.88.

Savers Value Village (NYSE:SVVGet Free Report) last released its quarterly earnings data on Thursday, November 9th. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.18 by ($0.23). Savers Value Village had a net margin of 2.40% and a return on equity of 34.22%. The company had revenue of $392.70 million during the quarter, compared to the consensus estimate of $395.61 million. Equities research analysts predict that Savers Value Village, Inc. will post 0.28 earnings per share for the current year.

Savers Value Village Company Profile

(Free Report)

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, Village des Valeurs, Unique, and 2nd Avenue banners. The company purchases secondhand textiles, including clothing, bedding, and bath items; shoes; accessories; housewares; books; and other goods from non-profit partners, then processes, selects, prices, merchandises, and sells them in its stores.

Further Reading

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

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