Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP decreased its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 28.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,985 shares of the specialty retailer's stock after selling 4,787 shares during the quarter. Quantbot Technologies LP's holdings in Five Below were worth $1,258,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group purchased a new stake in Five Below in the third quarter worth about $30,000. Proficio Capital Partners LLC bought a new position in shares of Five Below during the fourth quarter valued at approximately $31,000. UMB Bank n.a. increased its holdings in Five Below by 156.9% during the fourth 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 position in Five Below in the third quarter worth approximately $42,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in Five Below by 2,936.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock worth $61,000 after buying an additional 558 shares during the period.

Insider Buying and Selling at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction that occurred 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 completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was 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 Five Below stock in a transaction 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 completion of the transaction, the chief accounting officer now owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by corporate insiders.

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Analyst Ratings Changes

Several research firms have recently commented on FIVE. UBS Group reduced their price target on Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday, March 20th. StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. Truist Financial cut their price objective on shares of Five Below from $93.00 to $86.00 and set a "hold" rating on the stock in a research report on Thursday, March 20th. William Blair reissued a "market perform" rating on shares of Five Below in a research report on Monday, December 2nd. Finally, Telsey Advisory Group cut their price target on shares of Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a report on Tuesday, March 18th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $102.16.

Five Below Trading Down 7.8 %

FIVE traded down $6.16 during midday trading on Friday, hitting $73.20. 1,929,066 shares of the company traded hands, compared to its average volume of 1,788,747. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $182.99. The company has a market capitalization of $4.03 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 1.19 and a beta of 1.11. The business has a 50 day simple moving average of $86.05 and a two-hundred day simple moving average of $92.56.

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

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.