Grandeur Peak Global Advisors LLC Sells 83,684 Shares of Five Below, Inc. (NASDAQ:FIVE)

Grandeur Peak Global Advisors LLC trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 38.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 132,637 shares of the specialty retailer's stock after selling 83,684 shares during the period. Five Below accounts for about 1.2% of Grandeur Peak Global Advisors LLC's holdings, making the stock its 22nd biggest holding. Grandeur Peak Global Advisors LLC owned approximately 0.24% of Five Below worth $13,922,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Gradient Investments LLC lifted its stake in Five Below by 0.7% during the fourth quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer's stock worth $1,666,000 after purchasing an additional 111 shares during the last quarter. Bank of Montreal Can lifted its position in shares of Five Below by 1.0% in the 4th quarter. Bank of Montreal Can now owns 12,172 shares of the specialty retailer's stock worth $1,278,000 after buying an additional 123 shares during the last quarter. Treasurer of the State of North Carolina boosted its holdings in shares of Five Below by 0.6% in the 4th quarter. Treasurer of the State of North Carolina now owns 23,902 shares of the specialty retailer's stock valued at $2,509,000 after buying an additional 150 shares during the period. Sterling Capital Management LLC grew its position in shares of Five Below by 13.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock valued at $143,000 after buying an additional 158 shares during the last quarter. Finally, Cornerstone Investment Partners LLC raised its stake in Five Below by 3.5% during the fourth quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer's stock worth $497,000 after acquiring an additional 162 shares during the period.

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Five Below Price Performance

Shares of FIVE stock traded down $0.89 on Tuesday, reaching $62.67. 1,526,403 shares of the stock were exchanged, compared to its average volume of 1,931,713. Five Below, Inc. has a one year low of $52.38 and a one year high of $154.47. The stock has a market cap of $3.45 billion, a PE ratio of 12.92, a P/E/G ratio of 1.19 and a beta of 1.01. The stock has a 50 day moving average price of $77.53 and a 200 day moving average price of $89.50.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data 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 during the quarter, compared to analysts' expectations of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company's quarterly revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the business posted $3.65 EPS. On average, research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Guggenheim cut their target price on Five Below from $140.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. JPMorgan Chase & Co. upgraded shares of Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 target price for the company in a research report on Monday, April 7th. Morgan Stanley reaffirmed an "equal weight" rating on shares of Five Below in a report on Thursday, March 20th. StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. Finally, Evercore ISI cut their target price on Five Below from $93.00 to $90.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. One analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, Five Below has a consensus rating of "Hold" and an average target price of $94.30.

Insider Buying and Selling at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below 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 owns 57,267 shares of the company's stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction 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 sale, the executive vice president now 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 disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

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.