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

Dynamic Technology Lab Private Ltd reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 64.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm 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 hedge funds also recently added to or reduced their stakes in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Five Below by 1.2% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 141,026 shares of the specialty retailer's stock valued at $12,460,000 after acquiring an additional 1,738 shares in the last quarter. Quarry LP increased its stake in shares of Five Below by 1,187.3% during the 3rd quarter. Quarry LP now owns 1,828 shares of the specialty retailer's stock worth $162,000 after purchasing an additional 1,686 shares in the last quarter. Quantinno Capital Management LP acquired a new stake in Five Below during the 3rd quarter valued at $465,000. State Street Corp increased its position in Five Below by 1.9% during the third quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer's stock worth $146,865,000 after buying an additional 31,520 shares in the last quarter. Finally, Two Sigma Advisers LP acquired a new position in shares of Five Below in the third quarter worth $64,981,000.

Analyst Upgrades and Downgrades

A number of research firms recently commented on FIVE. Evercore ISI decreased their price objective 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. UBS Group reduced their price objective on shares of Five Below from $150.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. Bank of America lowered their target price on shares of Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a research note on Thursday, March 20th. Mizuho reduced their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Finally, Barclays lowered their price objective on 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. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, Five Below presently has a consensus rating of "Hold" and a consensus target price of $97.95.

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Five Below Stock Performance

Shares of NASDAQ:FIVE traded down $5.01 during mid-day trading on Friday, hitting $56.77. 1,388,429 shares of the company traded hands, compared to its average volume of 1,913,282. The firm has a market cap of $3.12 billion, a P/E ratio of 11.71, a PEG ratio of 1.19 and a beta of 1.01. The firm's 50 day simple moving average is $79.48 and its 200 day simple moving average is $90.14. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $163.32.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating analysts' consensus estimates of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same period in the prior year, the company posted $3.65 EPS. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. Equities research analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity

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 transaction of $45,575.36. Following the transaction, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Eric M. Specter sold 5,494 shares of the business's stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now directly owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

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.