KD Logo

Savers Value Village Inc (SVV) may enjoy gains as insiders got busy in the recent days

Savers Value Village Inc’s recent filing unveils that its General Counsel Medway Richard A. unloaded Company’s shares for reported $0.2 million on Nov 14 ’24. In the deal valued at $10.00 per share,19,500 shares were sold. As a result of this transaction, Medway Richard A. now holds 0 shares worth roughly $0.0.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Tanious Jubran N. sold 7,889 shares, generating $81,301 in total proceeds. Upon selling the shares at $10.31, the President & COO now owns 0 shares.

Before that, Medway Richard A. bought 19,500 shares. Savers Value Village Inc shares valued at $195,000 were divested by the Officer at a price of $10.00 per share.

Piper Sandler downgraded its Savers Value Village Inc [SVV] rating to a Neutral from a an Overweight in a research note published on November 08, 2024; the price target was decreased to $10 from $11. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early August from “a Buy” to “a Neutral”. JP Morgan also remained covering SVV and has decreased its forecast on July 22, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Loop Capital started covering the stock on August 15, 2023. It rated SVV as “a Buy”.

Price Performance Review of SVV

On Tuesday, Savers Value Village Inc [NYSE:SVV] saw its stock fall -3.97% to $8.71. Over the last five days, the stock has lost -10.21%. Savers Value Village Inc shares have fallen nearly -49.88% since the year began. Nevertheless, the stocks have fallen -30.15% over the past one year. While a 52-week high of $21.33 was reached on 03/07/24, a 52-week low of $7.78 was recorded on 08/09/24. SMA at 50 days reached $10.10, while 200 days put it at $13.34.

Levels Of Support And Resistance For SVV Stock

The 24-hour chart illustrates a support level at 8.56, which if violated will result in even more drops to 8.40. On the upside, there is a resistance level at 8.96. A further resistance level may holdings at 9.20. The Relative Strength Index (RSI) on the 14-day chart is 34.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.56%. Stochastics %K at 1.38% indicates the stock is a buying.

How much short interest is there in Savers Value Village Inc?

A steep rise in short interest was recorded in Savers Value Village Inc stocks on 2024-10-31, dropping by -0.23 million shares to a total of 5.96 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 6.19 million shares. There was a decline of -3.78%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on July 25, 2023 when CIBC began covering the stock and recommended ‘”a Sector outperform”‘ rating along with a $27 price target.

Most Popular