Five Below, Inc. (NASDAQ:FIVE) EVP Sells $45,575.36 in Stock

Five Below, Inc. (NASDAQ:FIVE) EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now directly owns 12,658 shares of the company’s stock, valued at approximately $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Five Below Price Performance

Shares of Five Below stock opened at $77.01 on Wednesday. The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 15.88, a P/E/G ratio of 1.19 and a beta of 1.11. The stock has a 50-day simple moving average of $87.00 and a 200-day simple moving average of $92.77. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $185.48.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping the consensus estimate of $3.38 by $0.10. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.65 earnings per share. As a group, equities research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

Hedge Funds Weigh In On Five Below

Several institutional investors have recently bought and sold shares of FIVE. Raymond James Financial Inc. acquired a new position in shares of Five Below during the 4th quarter valued at about $8,489,000. Charles Schwab Investment Management Inc. grew its holdings in Five Below by 41.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock valued at $54,272,000 after purchasing an additional 180,902 shares during the last quarter. National Bank of Canada FI raised its position in shares of Five Below by 155.2% in the third quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer’s stock valued at $6,964,000 after purchasing an additional 47,940 shares during the period. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Five Below in the third quarter worth $3,282,000. Finally, Algert Global LLC boosted its holdings in shares of Five Below by 364.2% during the 3rd quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer’s stock worth $2,282,000 after buying an additional 20,266 shares during the period.

Analyst Ratings Changes

FIVE has been the topic of several research reports. Craig Hallum upped their price target on Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, December 5th. William Blair reaffirmed a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Citigroup increased their price target on Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd. StockNews.com upgraded Five Below from a “sell” rating to a “hold” rating in a report on Monday. Finally, Bank of America decreased their target price on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a report on Thursday, March 20th. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $102.16.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.