Amica Mutual Insurance Co. Makes New Investment in Savers Value Village, Inc. (NYSE:SVV)

Amica Mutual Insurance Co. bought a new stake in Savers Value Village, Inc. (NYSE:SVV) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 50,821 shares of the company’s stock, valued at approximately $883,000.

Several other large investors also recently modified their holdings of the stock. Amalgamated Bank purchased a new stake in shares of Savers Value Village during the third quarter worth $60,000. Citigroup Inc. purchased a new position in Savers Value Village during the 3rd quarter valued at about $92,000. Quantbot Technologies LP bought a new stake in shares of Savers Value Village during the third quarter valued at about $188,000. Picton Mahoney Asset Management bought a new stake in shares of Savers Value Village during the third quarter valued at about $188,000. Finally, New York State Common Retirement Fund purchased a new stake in shares of Savers Value Village in the third quarter worth about $202,000. Hedge funds and other institutional investors own 98.78% of the company’s stock.

Savers Value Village Price Performance

NYSE:SVV traded up $0.20 during mid-day trading on Monday, hitting $17.33. 242,079 shares of the stock traded hands, compared to its average volume of 637,145. The business’s 50-day moving average price is $18.62 and its 200 day moving average price is $17.05. The company has a debt-to-equity ratio of 2.09, a current ratio of 1.07 and a quick ratio of 0.93. Savers Value Village, Inc. has a 12-month low of $10.16 and a 12-month high of $26.88.

Savers Value Village (NYSE:SVV) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.12 by ($0.06). The firm had revenue of $382.77 million during the quarter, compared to the consensus estimate of $383.07 million. Savers Value Village had a net margin of 3.54% and a return on equity of 14.98%. Research analysts predict that Savers Value Village, Inc. will post 0.55 EPS for the current fiscal year.

Insider Buying and Selling

In other Savers Value Village news, insider Jubran N. Tanious sold 10,000 shares of the firm’s stock in a transaction dated Monday, February 12th. The stock was sold at an average price of $20.00, for a total value of $200,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Savers Value Village news, insider Jubran N. Tanious sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The shares were sold at an average price of $20.00, for a total value of $200,000.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Mark T. Walsh sold 2,793 shares of the stock in a transaction on Thursday, March 21st. The stock was sold at an average price of $18.01, for a total transaction of $50,301.93. The disclosure for this sale can be found here. Insiders sold a total of 75,855 shares of company stock worth $1,422,950 over the last ninety days.

About Savers Value Village

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.