Intech Investment Management LLC Grows Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Intech Investment Management LLC grew its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 255.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 27,481 shares of the specialty retailer's stock after buying an additional 19,742 shares during the quarter. Intech Investment Management LLC's holdings in Five Below were worth $2,884,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Counterpoint Mutual Funds LLC grew its position in Five Below by 49.6% in the 4th quarter. Counterpoint Mutual Funds LLC now owns 4,863 shares of the specialty retailer's stock valued at $510,000 after acquiring an additional 1,613 shares during the last quarter. Corient Private Wealth LLC purchased a new stake in shares of Five Below during the fourth quarter valued at $256,000. Monimus Capital Management LP bought a new position in shares of Five Below in the fourth quarter worth about $4,174,000. Swiss National Bank increased its stake in Five Below by 0.6% in the 4th quarter. Swiss National Bank now owns 108,159 shares of the specialty retailer's stock worth $11,352,000 after buying an additional 600 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in Five Below by 2,936.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after buying an additional 558 shares in the last quarter.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the business's 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 completion of the sale, the chief accounting officer now owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 1.90% of the company's stock.

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Five Below Price Performance

NASDAQ:FIVE traded up $2.99 during mid-day trading on Monday, hitting $79.23. The company's stock had a trading volume of 1,837,395 shares, compared to its average volume of 1,762,498. The business's fifty day moving average is $87.76 and its two-hundred day moving average is $92.76. The stock has a market cap of $4.36 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $185.48.

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

Analyst Ratings Changes

Several research analysts have commented on FIVE shares. William Blair restated a "market perform" rating on shares of Five Below in a report on Monday, December 2nd. The Goldman Sachs Group cut their price objective on shares of Five Below from $117.00 to $102.00 and set a "buy" rating on the stock in a report on Friday. Mizuho lowered their target price on Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday. Bank of America reduced their price target on Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their price objective on Five Below from $107.00 to $102.00 and set an "underweight" rating on the stock in a research report on Thursday, January 16th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $102.16.

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.