Short Interest in Five Below, Inc. (NASDAQ:FIVE) Grows By 18.5%

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) was the recipient of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 5,320,000 shares, a growth of 18.5% from the January 15th total of 4,490,000 shares. Based on an average daily trading volume, of 1,930,000 shares, the short-interest ratio is presently 2.8 days. Currently, 9.9% of the shares of the stock are short sold.

Insider Transactions at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the 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 transaction, the chief accounting officer now owns 57,267 shares of the company's stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.90% of the company's stock.

Institutional Investors Weigh In On Five Below

Hedge funds have recently bought and sold shares of the business. Brooklyn Investment Group bought a new stake in Five Below during the third quarter worth about $30,000. Proficio Capital Partners LLC bought a new stake in Five Below during the fourth quarter worth about $31,000. UMB Bank n.a. boosted its stake in 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 acquiring an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Five Below during the third quarter worth about $42,000. Finally, Coppell Advisory Solutions LLC boosted its stake in Five Below by 143.8% during the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after acquiring an additional 253 shares in the last quarter.

Wall Street Analyst Weigh In

FIVE has been the topic of several recent research reports. Loop Capital increased their target price on shares of Five Below from $90.00 to $120.00 and gave the company a "hold" rating in a report on Thursday, December 5th. Evercore ISI increased their target price on shares of Five Below from $100.00 to $104.00 and gave the company an "in-line" rating in a report on Tuesday, October 22nd. Citigroup increased their target price 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. Morgan Stanley increased their target price on shares of Five Below from $100.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday, December 5th. Finally, Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the company a "buy" rating in a report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $111.32.

Five Below Stock Down 3.1 %

Shares of NASDAQ:FIVE traded down $2.89 on Wednesday, hitting $91.78. The company had a trading volume of 1,385,816 shares, compared to its average volume of 1,696,969. The firm's 50-day simple moving average is $98.03 and its two-hundred day simple moving average is $91.60. Five Below has a 1 year low of $64.87 and a 1 year high of $212.01. The firm has a market capitalization of $5.05 billion, a price-to-earnings ratio of 18.92, a P/E/G ratio of 1.19 and a beta of 1.12.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 EPS for the quarter, topping the consensus estimate of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the previous year, the firm posted $0.26 earnings per share. Five Below's quarterly revenue was up 14.6% on a year-over-year basis. Equities research analysts anticipate that Five Below will post 4.93 EPS for the current year.

About Five Below

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.