85,000 Shares in Five Below, Inc. (NASDAQ:FIVE) Bought by Oberweis Asset Management Inc.

Oberweis Asset Management Inc. purchased a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 85,000 shares of the specialty retailer's stock, valued at approximately $8,922,000. Oberweis Asset Management Inc. owned approximately 0.15% of Five Below as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in FIVE. UMB Bank n.a. boosted its stake in shares of Five Below by 156.9% in 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 last quarter. Coppell Advisory Solutions LLC lifted its holdings in Five Below by 143.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock valued at $45,000 after purchasing an additional 253 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Five Below during the 3rd quarter worth $42,000. EverSource Wealth Advisors LLC grew its holdings in shares of Five Below by 2,936.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock worth $61,000 after buying an additional 558 shares in the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Five Below in the fourth quarter valued at about $68,000.

Five Below Stock Down 0.1 %

Shares of NASDAQ FIVE traded down $0.07 during mid-day trading on Monday, hitting $75.32. 1,668,671 shares of the company were exchanged, compared to its average volume of 1,983,248. The stock has a 50 day simple moving average of $74.41 and a 200-day simple moving average of $88.34. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $150.88. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 15.53, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last released 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 analysts' expectations of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business's revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned $3.65 EPS. Analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on FIVE. Mizuho dropped their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a research report on Thursday, March 20th. StockNews.com upgraded Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. Telsey Advisory Group reduced their price target on Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a report on Tuesday, March 18th. Guggenheim dropped their price objective on shares of Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a report on Friday, March 21st. Finally, Bank of America reduced their target price on shares of Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Five Below currently has an average rating of "Hold" and an average target price of $94.30.

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.