Insider Selling: Five Below, Inc. (NASDAQ:FIVE) EVP Sells 584 Shares of Stock

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the transaction, the executive vice president now directly 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 filing with the SEC, which is available at the SEC website.

Five Below Trading Down 4.9 %

NASDAQ FIVE traded down $3.86 during trading hours on Friday, reaching $75.51. 384,989 shares of the company traded hands, compared to its average volume of 1,856,224. The stock has a market capitalization of $4.16 billion, a PE ratio of 15.58, a PEG ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $182.99. The company has a 50 day moving average of $86.40 and a two-hundred day moving average of $92.57.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly 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 business had revenue of $1.39 billion for 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 company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the company posted $3.65 earnings per share. On average, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

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Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FIVE shares. UBS Group reduced their price target on shares of Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, March 20th. Citigroup upped their price target on shares of Five Below from $85.00 to $96.00 and gave the company a "neutral" rating in a report on Monday, December 2nd. Mizuho dropped their price objective on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a research note on Thursday, March 20th. Guggenheim dropped their price target on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research report on Friday, March 21st. Finally, Craig Hallum increased their price objective on Five Below from $125.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. Two 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.com, the stock currently has an average rating of "Hold" and an average target price of $102.16.

Hedge Funds Weigh In On Five Below

Several large investors have recently added to or reduced their stakes in the company. UMB Bank n.a. raised its holdings in shares of 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 period. Brooklyn Investment Group bought a new position in Five Below in the third quarter worth about $30,000. Coppell Advisory Solutions LLC boosted its stake in Five Below by 143.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock valued at $45,000 after acquiring an additional 253 shares during the period. Wilmington Savings Fund Society FSB bought a new position in shares of Five Below during the third quarter valued at approximately $42,000. Finally, EverSource Wealth Advisors LLC raised its position in shares of Five Below by 2,936.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock worth $61,000 after purchasing an additional 558 shares during the period.

Five Below Company 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.