Divisadero Street Capital Management LP raised its position in Savers Value Village, Inc. (NYSE:SVV – Free Report) by 56.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,464,291 shares of the company’s stock after purchasing an additional 891,946 shares during the quarter. Savers Value Village accounts for about 1.4% of Divisadero Street Capital Management LP’s holdings, making the stock its 19th biggest holding. Divisadero Street Capital Management LP owned about 1.58% of Savers Value Village worth $32,652,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently made changes to their positions in the company. Capital Research Global Investors acquired a new position in shares of Savers Value Village in the third quarter valued at approximately $25,527,000. Ameriprise Financial Inc. boosted its position in Savers Value Village by 89.2% during the 2nd quarter. Ameriprise Financial Inc. now owns 2,150,724 shares of the company’s stock worth $21,937,000 after buying an additional 1,013,875 shares during the period. Marshall Wace LLP raised its stake in shares of Savers Value Village by 97.8% during the second quarter. Marshall Wace LLP now owns 1,832,697 shares of the company’s stock valued at $18,694,000 after acquiring an additional 905,986 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Savers Value Village by 101.3% during the third quarter. Dimensional Fund Advisors LP now owns 939,845 shares of the company’s stock valued at $12,456,000 after acquiring an additional 473,054 shares during the last quarter. Finally, Cannell Capital LLC acquired a new position in shares of Savers Value Village during the second quarter worth $4,033,000. 98.78% of the stock is owned by institutional investors and hedge funds.
Insider Activity
In related news, COO Jubran N. Tanious sold 57,706 shares of the company’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $9.21, for a total transaction of $531,472.26. Following the sale, the chief operating officer owned 99,712 shares in the company, valued at $918,347.52. This represents a 36.66% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.09% of the stock is owned by corporate insiders.
Savers Value Village Price Performance
Savers Value Village (NYSE:SVV – Get Free Report) last released its earnings results on Thursday, February 19th. The company reported $0.15 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.15. Savers Value Village had a net margin of 1.35% and a return on equity of 11.92%. The business had revenue of $464.67 million for the quarter, compared to analyst estimates of $458.63 million. During the same quarter in the previous year, the business earned $0.15 earnings per share. Savers Value Village’s revenue for the quarter was up 15.6% on a year-over-year basis. Savers Value Village has set its FY 2026 guidance at 0.410-0.480 EPS. On average, sell-side analysts forecast that Savers Value Village, Inc. will post 0.28 EPS for the current year.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on SVV. Craig Hallum started coverage on Savers Value Village in a report on Monday, January 26th. They issued a “buy” rating and a $19.00 price objective for the company. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Savers Value Village in a report on Monday, December 29th. Finally, UBS Group reiterated a “buy” rating on shares of Savers Value Village in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.43.
Check Out Our Latest Stock Analysis on Savers Value Village
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.
Featured Stories
- Five stocks we like better than Savers Value Village
- The $8,000 Gold Call Every Retirement Saver Needs to Read Right Now
- A personal warning from Martin Weiss (Please read)
- Elon Musk: This Could Turn $100 into $100,000
- ~$1.5T SpaceX IPO: Pre-IPO Opportunity
- America’s gold reserves are priced at $42. The real price is $6,000+.
Receive News & Ratings for Savers Value Village Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Savers Value Village and related companies with MarketBeat.com's FREE daily email newsletter.
