Five Below, Inc. (NASDAQ:FIVE) Stake Decreased by Aquatic Capital Management LLC

Aquatic Capital Management LLC lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 17.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 72,837 shares of the specialty retailer's stock after selling 15,763 shares during the quarter. Aquatic Capital Management LLC owned about 0.13% of Five Below worth $7,645,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of FIVE. Gradient Investments LLC lifted its stake in Five Below by 0.7% in the 4th quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer's stock valued at $1,666,000 after purchasing an additional 111 shares during the last quarter. Bank of Montreal Can grew its holdings in Five Below by 1.0% in the fourth quarter. Bank of Montreal Can now owns 12,172 shares of the specialty retailer's stock worth $1,278,000 after purchasing an additional 123 shares during the period. Treasurer of the State of North Carolina grew its holdings in Five Below by 0.6% in the fourth quarter. Treasurer of the State of North Carolina now owns 23,902 shares of the specialty retailer's stock worth $2,509,000 after purchasing an additional 150 shares during the period. Sterling Capital Management LLC grew its holdings in Five Below by 13.1% in the fourth quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock worth $143,000 after purchasing an additional 158 shares during the period. Finally, Cornerstone Investment Partners LLC grew its holdings in Five Below by 3.5% in the fourth quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer's stock worth $497,000 after purchasing an additional 162 shares during the period.

Insider Transactions at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the business's stock in a transaction that occurred on 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 sale, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 1.90% of the company's stock.

Five Below Trading Up 3.1 %

FIVE stock traded up $2.35 during trading on Tuesday, hitting $77.67. 2,423,637 shares of the company's stock were exchanged, compared to its average volume of 1,989,733. The stock has a market capitalization of $4.28 billion, a price-to-earnings ratio of 16.01, a PEG ratio of 1.19 and a beta of 1.01. The business has a 50-day moving average price of $73.85 and a two-hundred day moving average price of $88.14. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $147.69.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping analysts' consensus estimates of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the business earned $3.65 earnings per share. Five Below's quarterly revenue was up 4.0% compared to the same quarter last year. On average, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. Evercore ISI dropped their price target on shares of Five Below from $93.00 to $90.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 1st. Loop Capital cut their price target on Five Below from $120.00 to $75.00 and set a "hold" rating for the company in a report on Tuesday, March 18th. StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. Barclays dropped their price target on Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a research note on Thursday, March 20th. Finally, DA Davidson dropped their price target on Five Below from $50.00 to $25.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. One investment analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target 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.