Savers Value Village, Inc. (NYSE:SVV) Shares Sold by Jane Street Group LLC

Jane Street Group LLC lowered its stake in Savers Value Village, Inc. (NYSE:SVV) by 91.4% in the third quarter, Holdings Channel.com reports. The institutional investor owned 21,348 shares of the company’s stock after selling 226,528 shares during the quarter. Jane Street Group LLC’s holdings in Savers Value Village were worth $225,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Thrivent Financial for Lutherans grew its stake in shares of Savers Value Village by 329.5% in the second quarter. Thrivent Financial for Lutherans now owns 2,068,621 shares of the company’s stock valued at $25,320,000 after buying an additional 1,586,964 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Savers Value Village in the third quarter valued at about $252,000. FMR LLC grew its stake in shares of Savers Value Village by 30.8% in the third quarter. FMR LLC now owns 3,437,895 shares of the company’s stock valued at $36,167,000 after buying an additional 808,867 shares in the last quarter. Makaira Partners LLC purchased a new position in Savers Value Village in the second quarter valued at about $27,418,000. Finally, AIA Group Ltd boosted its holdings in Savers Value Village by 120.6% in the third quarter. AIA Group Ltd now owns 106,641 shares of the company’s stock valued at $1,122,000 after purchasing an additional 58,297 shares during the last quarter. Institutional investors and hedge funds own 98.78% of the company’s stock.

Savers Value Village Trading Up 11.5 %

Shares of SVV opened at $10.45 on Friday. The company has a market capitalization of $1.67 billion, a P/E ratio of 22.72 and a beta of 1.04. Savers Value Village, Inc. has a one year low of $7.78 and a one year high of $21.33. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.86 and a current ratio of 1.04. The stock has a 50-day moving average price of $9.83 and a 200 day moving average price of $10.09.

Insiders Place Their Bets

In other Savers Value Village news, COO Jubran N. Tanious sold 7,889 shares of the stock in a transaction that occurred on Tuesday, November 12th. The stock was 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 SEC, which is available at this link. 2.38% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

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

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.