Fox Run Management L.L.C. Purchases 5,240 Shares of Five Below, Inc. (NASDAQ:FIVE)

Fox Run Management L.L.C. increased its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 180.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,142 shares of the specialty retailer's stock after acquiring an additional 5,240 shares during the quarter. Fox Run Management L.L.C.'s holdings in Five Below were worth $855,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in FIVE. KLP Kapitalforvaltning AS acquired a new position in Five Below during the 4th quarter valued at about $1,218,000. American Century Companies Inc. lifted its holdings in Five Below by 869.2% in the fourth quarter. American Century Companies Inc. now owns 197,664 shares of the specialty retailer's stock valued at $20,747,000 after buying an additional 177,269 shares during the period. Blueshift Asset Management LLC boosted its stake in Five Below by 730.6% in the fourth quarter. Blueshift Asset Management LLC now owns 46,820 shares of the specialty retailer's stock valued at $4,914,000 after acquiring an additional 41,183 shares during the last quarter. Magnetar Financial LLC acquired a new stake in Five Below during the 4th quarter worth $358,000. Finally, Harvest Fund Management Co. Ltd bought a new stake in shares of Five Below during the 4th quarter valued at $440,000.

Five Below Trading Down 7.8 %

Shares of Five Below stock traded down $6.16 during trading hours on Friday, reaching $73.20. 1,929,066 shares of the company's stock were exchanged, compared to its average volume of 1,788,747. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $182.99. The stock has a market cap of $4.03 billion, a P/E ratio of 15.09, a P/E/G ratio of 1.19 and a beta of 1.11. The company has a 50 day moving average of $86.05 and a two-hundred day moving average of $92.50.

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Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.10. The firm 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 business's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $3.65 EPS. As a group, analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently commented on FIVE. Guggenheim decreased their price objective on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Citigroup raised their price objective on Five Below from $85.00 to $96.00 and gave the stock a "neutral" rating in a research note on Monday, December 2nd. William Blair reissued a "market perform" rating on shares of Five Below in a research note on Monday, December 2nd. Mizuho dropped their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. Finally, UBS Group decreased their price objective 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. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Five Below presently has a consensus rating of "Hold" and an average price target of $102.16.

Insider Transactions at Five Below

In other news, EVP Ronald James Masciantonio sold 584 shares of Five Below 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 completion of the transaction, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Eric M. Specter sold 5,494 shares of the business's stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at $5,197,552.92. The trade was 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 company insiders.

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.