Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd lessened its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 64.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 13,104 shares of the specialty retailer’s stock after selling 24,044 shares during the quarter. Dynamic Technology Lab Private Ltd’s holdings in Five Below were worth $1,375,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Proficio Capital Partners LLC acquired a new position in Five Below during the 4th quarter valued at about $31,000. UMB Bank n.a. grew its holdings in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after acquiring an additional 204 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Five Below during the 3rd quarter valued at about $42,000. EverSource Wealth Advisors LLC grew its stake in shares of Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after purchasing an additional 558 shares during the last quarter. Finally, R Squared Ltd acquired a new position in Five Below in the fourth quarter worth approximately $68,000.

Five Below Stock Down 3.5 %

NASDAQ FIVE opened at $56.77 on Friday. The stock has a market capitalization of $3.13 billion, a PE ratio of 11.71, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $164.05. The company has a 50 day moving average price of $83.68 and a two-hundred day moving average price of $91.64.

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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the prior year, the business posted $3.65 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis. As a group, equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Buying and Selling

In related news, EVP Ronald James Masciantonio sold 584 shares of the company’s stock in a transaction 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 completion of 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on FIVE shares. Morgan Stanley reissued an “equal weight” rating on shares of Five Below in a research note on Thursday, March 20th. Evercore ISI dropped their price target on Five Below from $93.00 to $90.00 and set an “in-line” rating on the stock in a research note on Tuesday, April 1st. Telsey Advisory Group reduced their price objective on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating for the company in a research note on Tuesday, March 18th. StockNews.com raised shares of Five Below from a “sell” rating to a “hold” rating in a research report on Monday, March 24th. Finally, Barclays reduced their price target on shares of Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a research report on Thursday, March 20th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $101.42.

Five Below Profile

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.