Giverny Capital Inc. Has $76.84 Million Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Giverny Capital Inc. lifted its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 0.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 732,110 shares of the specialty retailer's stock after buying an additional 6,861 shares during the period. Five Below comprises approximately 2.8% of Giverny Capital Inc.'s holdings, making the stock its 14th largest holding. Giverny Capital Inc. owned approximately 1.33% of Five Below worth $76,842,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FIVE. Proficio Capital Partners LLC acquired a new position in shares of Five Below during the fourth quarter worth approximately $31,000. UMB Bank n.a. increased its stake in shares of Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after buying an additional 204 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in shares of Five Below during the third quarter worth $42,000. EverSource Wealth Advisors LLC boosted its holdings in Five Below by 2,936.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after acquiring an additional 558 shares during the last quarter. Finally, R Squared Ltd bought a new position in shares of Five Below in the 4th quarter valued at about $68,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Telsey Advisory Group decreased their price objective on Five Below from $115.00 to $85.00 and set a "market perform" rating for the company in a research note on Tuesday, March 18th. UBS Group lowered their price target on Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research note on Thursday, March 20th. JPMorgan Chase & Co. upgraded shares of Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 price objective for the company in a report on Monday, April 7th. 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 report on Thursday, March 20th. Finally, Mizuho decreased their price target on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $94.30.

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Five Below Stock Performance

FIVE traded down $0.89 during trading hours on Tuesday, reaching $62.67. The company's stock had a trading volume of 1,526,403 shares, compared to its average volume of 1,931,722. The company's 50-day moving average is $77.53 and its 200-day moving average is $89.50. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $154.47. The firm has a market cap of $3.45 billion, a PE ratio of 12.92, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its 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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the firm posted $3.65 EPS. Five Below's revenue was up 4.0% compared to the same quarter last year. Equities analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the firm's stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the sale, the chief accounting officer now directly owns 57,267 shares in the company, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ronald James Masciantonio sold 584 shares of the company's stock in a transaction that occurred on Monday, March 24th. The stock was 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 represents a 4.41 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.

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.