Marshall Wace LLP Acquires 1,072,642 Shares of Five Below, Inc. (NASDAQ:FIVE)

Marshall Wace LLP grew its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 86.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,320,212 shares of the specialty retailer's stock after buying an additional 1,072,642 shares during the quarter. Marshall Wace LLP owned 4.22% of Five Below worth $243,529,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FIVE. Proficio Capital Partners LLC purchased a new position in Five Below in the 4th quarter valued at $31,000. UMB Bank n.a. boosted its position 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 buying an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Five Below during the third quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its position in Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after buying an additional 558 shares during the period. Finally, R Squared Ltd purchased a new position in shares of Five Below in the 4th quarter valued at about $68,000.

Insider Buying and Selling

In other news, EVP Ronald James Masciantonio sold 584 shares of the company's stock in a transaction 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 transaction, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 1.90% of the stock is currently owned by insiders.

Five Below Stock Down 2.5 %

Five Below stock traded down $1.72 during trading hours on Monday, reaching $65.79. 813,610 shares of the company's stock were exchanged, compared to its average volume of 1,944,468. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $151.95. The firm's 50 day simple moving average is $76.10 and its 200 day simple moving average is $89.01. The firm has a market capitalization of $3.62 billion, a PE ratio of 13.56, a PEG ratio of 1.19 and a beta of 1.01.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on FIVE shares. JPMorgan Chase & Co. upgraded Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 price target for the company in a research note on Monday, April 7th. Mizuho cut their price objective on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. Bank of America cut 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. DA Davidson lowered their price target on shares of Five Below from $50.00 to $25.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Finally, Guggenheim lowered their price objective on shares of Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research report on Friday, March 21st. One research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $94.30.

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.