426,135 Shares in Five Below, Inc. (NASDAQ:FIVE) Purchased by Fuller & Thaler Asset Management Inc.

Fuller & Thaler Asset Management Inc. purchased a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 426,135 shares of the specialty retailer's stock, valued at approximately $44,727,000. Fuller & Thaler Asset Management Inc. owned 0.77% of Five Below as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC purchased a new stake in shares of Five Below during the fourth quarter valued at $31,000. UMB Bank n.a. grew its stake in Five Below by 156.9% in the 4th 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 purchased a new position in shares of Five Below during the third quarter worth approximately $42,000. EverSource Wealth Advisors LLC raised its stake in shares of Five Below by 2,936.8% during 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 in the last quarter. Finally, R Squared Ltd purchased a new stake in shares of Five Below in the fourth quarter valued at approximately $68,000.

Insider Activity

In related 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. This trade represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.90% of the company's stock.

Analysts Set New Price Targets

Several research analysts have commented on the company. DA Davidson reduced their price objective on Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Mizuho cut their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Loop Capital lowered their price objective on shares of Five Below from $120.00 to $75.00 and set a "hold" rating for the company in a research note on Tuesday, March 18th. Telsey Advisory Group dropped their target price 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. Finally, Truist Financial reduced their price target on shares of Five Below from $86.00 to $65.00 and set a "hold" rating for the company in a report on Tuesday, April 8th. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Five Below has an average rating of "Hold" and an average price target of $94.30.

Five Below Trading Down 0.1 %

Shares of NASDAQ:FIVE traded down $0.07 on Monday, hitting $75.32. 1,668,669 shares of the company were exchanged, compared to its average volume of 1,983,247. The stock's 50 day moving average price is $74.41 and its 200 day moving average price is $88.34. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $150.88. The firm has a market capitalization of $4.15 billion, a P/E ratio of 15.53, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01.

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