Savers Value Village (NYSE:SVV) Shares Up 6.6%

Savers Value Village, Inc. (NYSE:SVV) shares shot up 6.6% during mid-day trading on Tuesday . The company traded as high as $18.66 and last traded at $18.64. 319,268 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 661,862 shares. The stock had previously closed at $17.49.

Savers Value Village Stock Up 1.9 %

The firm’s fifty day moving average price is $19.06 and its 200-day moving average price is $17.17. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.07 and a quick ratio of 0.93.

Insiders Place Their Bets

In other Savers Value Village news, CEO Mark T. Walsh sold 17,000 shares of Savers Value Village stock in a transaction that occurred on Tuesday, March 26th. The stock was sold at an average price of $18.45, for a total value of $313,650.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. In other Savers Value Village news, CEO Mark T. Walsh sold 17,000 shares of Savers Value Village stock in a transaction dated Tuesday, March 26th. The shares were sold at an average price of $18.45, for a total transaction of $313,650.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction on Thursday, February 1st. The stock was sold at an average price of $18.43, for a total value of $184,300.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 54,686 shares of company stock valued at $1,016,559.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Parallel Advisors LLC purchased a new position in Savers Value Village in the fourth quarter valued at approximately $36,000. Tower Research Capital LLC TRC boosted its position in Savers Value Village by 5,798.0% during the 3rd quarter. Tower Research Capital LLC TRC now owns 3,008 shares of the company’s stock worth $56,000 after purchasing an additional 2,957 shares during the period. Amalgamated Bank purchased a new position in Savers Value Village in the third quarter valued at about $60,000. Citigroup Inc. acquired a new position in shares of Savers Value Village during the third quarter worth about $92,000. Finally, California State Teachers Retirement System purchased a new stake in shares of Savers Value Village in the third quarter worth about $107,000. 98.78% of the stock is owned by hedge funds and other institutional investors.

Savers Value Village Company 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.