Savers Value Village, Inc. (NYSE:SVV) Shares Sold by Barclays PLC

Barclays PLC cut its holdings in Savers Value Village, Inc. (NYSE:SVV) by 52.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 42,501 shares of the company’s stock after selling 46,706 shares during the quarter. Barclays PLC’s holdings in Savers Value Village were worth $447,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in SVV. Aigen Investment Management LP boosted its holdings in shares of Savers Value Village by 29.0% in the third quarter. Aigen Investment Management LP now owns 15,449 shares of the company’s stock worth $163,000 after buying an additional 3,477 shares during the period. Victory Capital Management Inc. purchased a new position in shares of Savers Value Village during the 2nd quarter valued at $255,000. GSA Capital Partners LLP acquired a new stake in Savers Value Village during the third quarter valued at $248,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Savers Value Village in the 3rd quarter valued at approximately $252,000. Finally, Hsbc Holdings PLC grew its position in Savers Value Village by 6.7% in the second quarter. Hsbc Holdings PLC now owns 27,879 shares of the company’s stock worth $335,000 after acquiring an additional 1,749 shares in the last quarter. 98.78% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Separately, Piper Sandler restated a “neutral” rating and set a $10.00 target price (down from $11.00) on shares of Savers Value Village in a report on Friday, November 8th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $12.00.

Insiders Place Their Bets

In related news, COO Jubran N. Tanious sold 7,889 shares of Savers Value Village stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $10.31, for a total value of $81,335.59. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.38% of the company’s stock.

Savers Value Village Stock Performance

Savers Value Village stock opened at $10.03 on Friday. Savers Value Village, Inc. has a 52-week low of $7.78 and a 52-week high of $21.33. The firm has a market capitalization of $1.60 billion, a P/E ratio of 21.80 and a beta of 1.41. The stock has a fifty day moving average price of $9.88 and a two-hundred day moving average price of $10.17. The company has a debt-to-equity ratio of 1.70, a current ratio of 1.04 and a quick ratio of 0.86.

Savers Value Village Profile

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.