Five Below (NASDAQ:FIVE) Trading Down 7.9% - Should You Sell?

Shares of Five Below, Inc. (NASDAQ:FIVE - Get Free Report) were down 7.9% during trading on Friday . The company traded as low as $73.05 and last traded at $73.12. Approximately 880,880 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 1,780,609 shares. The stock had previously closed at $79.36.

Analyst Ratings Changes

A number of brokerages have recently commented on FIVE. Morgan Stanley reissued an "equal weight" rating on shares of Five Below in a report on Thursday, March 20th. JPMorgan Chase & Co. dropped their price target on Five Below from $107.00 to $102.00 and set an "underweight" rating for the company in a research note on Thursday, January 16th. Barclays reduced their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. William Blair restated a "market perform" rating on shares of Five Below in a research report on Monday, December 2nd. Finally, Mizuho reduced their price target on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $102.16.

Five Below Stock Up 2.4 %

The firm's fifty day moving average is $85.73 and its two-hundred day moving average is $92.45. The firm has a market cap of $4.12 billion, a P/E ratio of 15.45, a PEG ratio of 1.19 and a beta of 1.11.

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Five Below (NASDAQ:FIVE - Get Free Report) last posted 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 firm had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same period last year, the company posted $3.65 EPS. The company's quarterly revenue was up 4.0% compared to the same quarter last year. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Insiders Place Their Bets

In related news, EVP Ronald James Masciantonio sold 584 shares of the business's stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now owns 12,658 shares of the company's stock, valued at $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, 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 transaction of $498,635.44. Following the transaction, the chief accounting officer now directly 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 disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

Institutional Trading of Five Below

A number of hedge funds have recently made changes to their positions in the stock. UMB Bank n.a. raised 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 valued at $35,000 after buying an additional 204 shares during the last quarter. Coppell Advisory Solutions LLC raised its position in shares of Five Below by 143.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 253 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Five Below in the 3rd quarter worth about $42,000. EverSource Wealth Advisors LLC boosted its stake 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 worth $61,000 after purchasing an additional 558 shares in the last quarter. Finally, R Squared Ltd purchased a new stake in Five Below during the 4th quarter valued at about $68,000.

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.