Dynamic Technology Lab Private Ltd Takes $3.28 Million Position in Five Below, Inc. (NASDAQ:FIVE)

Dynamic Technology Lab Private Ltd bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 37,148 shares of the specialty retailer's stock, valued at approximately $3,282,000. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Five Below as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Paladin Wealth LLC purchased a new stake in Five Below during the 3rd quarter valued at approximately $26,000. Partnership Wealth Management LLC lifted its position in shares of Five Below by 2,000.0% in the second quarter. Partnership Wealth Management LLC now owns 315 shares of the specialty retailer's stock worth $34,000 after buying an additional 300 shares in the last quarter. LRI Investments LLC purchased a new position in Five Below during the 1st quarter valued at approximately $38,000. Hobbs Group Advisors LLC purchased a new stake in shares of Five Below during the 2nd quarter worth approximately $44,000. Finally, Ashton Thomas Private Wealth LLC bought a new stake in Five Below in the second quarter worth $50,000.

Analyst Upgrades and Downgrades

FIVE has been the topic of several recent research reports. Mizuho restated a "neutral" rating and set a $85.00 target price on shares of Five Below in a research report on Thursday, October 3rd. Melius Research began coverage on shares of Five Below in a report on Monday, September 23rd. They set a "hold" rating and a $100.00 price target on the stock. Gordon Haskett raised Five Below from a "hold" rating to a "buy" rating and set a $120.00 target price on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. cut shares of Five Below from a "neutral" rating to an "underweight" rating and upped their price target for the stock from $89.00 to $95.00 in a report on Thursday, September 19th. Finally, KeyCorp cut Five Below from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 7th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $106.05.

Five Below Trading Up 7.3 %

FIVE traded up $6.37 during trading on Monday, hitting $93.29. The company's stock had a trading volume of 1,339,726 shares, compared to its average volume of 1,467,034. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $216.18. The business's fifty day simple moving average is $91.15 and its 200 day simple moving average is $96.82. The firm has a market capitalization of $5.13 billion, a price-to-earnings ratio of 18.55, a P/E/G ratio of 0.96 and a beta of 1.20.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 EPS for the quarter, meeting the consensus estimate of $0.54. The company had revenue of $830.07 million for the quarter, compared to analyst estimates of $821.95 million. Five Below had a return on equity of 18.16% and a net margin of 7.57%. As a group, equities research analysts forecast that Five Below, Inc. will post 4.57 earnings per share 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.