Savant Capital LLC Takes $1.09 Million Position in Five Below, Inc. (NASDAQ:FIVE)

Savant Capital LLC purchased a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 10,422 shares of the specialty retailer's stock, valued at approximately $1,094,000.

Several other institutional investors and hedge funds also recently made changes to their positions in FIVE. Brooklyn Investment Group acquired a new position in shares of Five Below in the third quarter valued at approximately $30,000. UMB Bank n.a. boosted 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 purchasing an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Five Below during the third quarter worth $42,000. R Squared Ltd acquired a new position in Five Below during the fourth quarter worth $68,000. Finally, GAMMA Investing LLC boosted its holdings in Five Below by 149.1% during the fourth quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer's stock worth $143,000 after purchasing an additional 814 shares during the last quarter.

Insider Buying and Selling

In related news, CAO Eric M. Specter sold 5,494 shares of the firm's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Telsey Advisory Group restated a "market perform" rating and set a $115.00 target price on shares of Five Below in a report on Tuesday, January 14th. Bank of America cut shares of Five Below from a "neutral" rating to an "underperform" rating and reduced their target price for the stock from $98.00 to $75.00 in a report on Wednesday, November 6th. William Blair restated a "market perform" rating on shares of Five Below in a report on Monday, December 2nd. Evercore ISI increased their target price on shares of Five Below from $100.00 to $104.00 and gave the stock an "in-line" rating in a report on Tuesday, October 22nd. Finally, Gordon Haskett upgraded shares of Five Below from a "hold" rating to a "buy" rating and set a $120.00 price target for the company in a research note on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Five Below currently has a consensus rating of "Hold" and a consensus price target of $111.32.

Five Below Stock Up 5.6 %

Shares of FIVE traded up $5.01 during trading hours on Tuesday, hitting $93.73. The company had a trading volume of 624,468 shares, compared to its average volume of 1,663,924. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of 19.30, a PEG ratio of 1.26 and a beta of 1.12. The business has a fifty day moving average of $98.68 and a 200-day moving average of $91.42. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $212.01.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same period last year, the firm earned $0.26 earnings per share. Five Below's revenue for the quarter was up 14.6% compared to the same quarter last year. On average, equities analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

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.