Five Below (NASDAQ:FIVE) Director Ronald Sargent Sells 10,000 Shares

Five Below, Inc. (NASDAQ:FIVE) Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction on Monday, March 23rd. The shares were sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the sale, the director directly owned 83,674 shares in the company, valued at $19,352,122.72. This trade represents a 10.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Five Below Stock Performance

Shares of FIVE stock traded up $2.56 during mid-day trading on Wednesday, hitting $233.65. The company’s stock had a trading volume of 963,339 shares, compared to its average volume of 1,249,844. The company has a market cap of $12.91 billion, a PE ratio of 36.17, a P/E/G ratio of 1.73 and a beta of 1.10. The company’s fifty day simple moving average is $209.63 and its 200-day simple moving average is $180.25. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $237.50.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, beating the consensus estimate of $4.00 by $0.31. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same quarter in the prior year, the company earned $3.48 EPS. The firm’s revenue for the quarter was up 24.3% compared to the same quarter last year. On average, equities analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Key Stories Impacting Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: High-profile bullish endorsement from Jim Cramer that Five Below’s growth and consumer resilience give it “more room to run,” which can attract retail and momentum buyers. Cramer: Five Below has ‘more room to run’ despite tripling in 12 months
• Positive Sentiment: Zacks added FIVE to its top growth/momentum lists (Rank #1 / Strong Buy) and ran multiple pieces framing FIVE as a long?term momentum/growth pick — these analyst headlines support buying interest and help explain upward price pressure. Best Growth Stocks to Buy for March 25th
• Positive Sentiment: Wall Street momentum: after Five Below’s strong March earnings beat, several firms raised price targets (reports of $235, $260 and $285 targets and upgrades), underpinning optimism and providing near?term upside references for buyers. Five Below’s Earnings Blowout Has Wall Street Scrambling to Raise Targets
• Neutral Sentiment: Viral/product coverage (AOL, ConsumerAffairs, lifestyle sites) is boosting brand relevance and foot traffic potential, but these stories have limited immediate quantifiable impact on near?term financials. Five Below Offers $5 Paw Cleaner to Keep Your Floors Mud-Free
• Negative Sentiment: Insider selling: COO Kenneth Bull sold 10,000 shares (~$2.34M) in a disclosed transaction — a modest negative signal that some investors interpret as caution about near?term upside. Kenneth Bull Sells 10,000 Shares of Five Below (NASDAQ:FIVE) Stock
• Negative Sentiment: Confusing short?interest reports showing anomalous “0 shares/NaN” entries — likely a data/reporting error but could spur short?term uncertainty or trading noise for those monitoring days?to?cover and borrow availability.

Institutional Trading of Five Below

Several institutional investors and hedge funds have recently modified their holdings of the stock. Jennison Associates LLC lifted its stake in Five Below by 397.5% during the 3rd quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock valued at $126,777,000 after acquiring an additional 654,763 shares in the last quarter. Estate Counselors LLC bought a new stake in shares of Five Below in the 3rd quarter worth $3,755,000. Charles Schwab Investment Management Inc. raised its holdings in shares of Five Below by 1.3% in the second quarter. Charles Schwab Investment Management Inc. now owns 690,615 shares of the specialty retailer’s stock valued at $90,595,000 after purchasing an additional 8,743 shares during the last quarter. AGF Management Ltd. purchased a new stake in shares of Five Below in the third quarter valued at about $7,304,000. Finally, Caprock Group LLC bought a new position in shares of Five Below during the third quarter valued at about $2,346,000.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FIVE shares. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Five Below from $247.00 to $287.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. JPMorgan Chase & Co. raised their price target on shares of Five Below from $259.00 to $296.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. UBS Group lifted their price target on shares of Five Below from $255.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Sanford C. Bernstein reiterated a “market perform” rating and set a $206.00 price objective on shares of Five Below in a report on Monday, February 9th. Finally, Craig Hallum reissued a “buy” rating and set a $246.00 price objective on shares of Five Below in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Five Below currently has a consensus rating of “Moderate Buy” and a consensus price target of $229.86.

Five Below Company Profile

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.