Mark Walsh, CEO of Savers Value Village Inc (SVV, Financial), sold 17,000 shares of the company on March 26, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $18.45 per share, resulting in a total value of $313,650.
Savers Value Village Inc operates as a thrift retailer offering gently used clothing, accessories, and household goods. The company's unique business model focuses on purchasing, reselling, and recycling second-hand products, providing an affordable shopping alternative for consumers and promoting sustainability.
Over the past year, the insider has sold a total of 24,305 shares of Savers Value Village Inc and has not made any purchases of the stock. The recent sale by the insider is part of a series of transactions that have taken place over the last twelve months.
The insider transaction history for Savers Value Village Inc shows a trend of more insider sales than purchases. In the past year, there has been only 1 insider buy compared to 9 insider sells.
On the day of the insider's recent sale, shares of Savers Value Village Inc were trading at $18.45, giving the company a market cap of approximately $3.111 billion. The price-earnings ratio of the company stands at 54.16, which is above the industry median of 18.395 but below the company's historical median price-earnings ratio.
Investors and stakeholders often monitor insider transactions as they can provide insights into the insider's perspective on the value of the company's stock. While insider selling does not always indicate a lack of confidence in the company, a high volume of insider sales may prompt further analysis by market participants.
For more detailed information on insider transactions and the financial health of Savers Value Village Inc (SVV, Financial), interested parties are encouraged to review the company's filings with the SEC.
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