Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Invesco Ltd.

Invesco Ltd. trimmed its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 31.4% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 83,332 shares of the specialty retailer's stock after selling 38,153 shares during the quarter. Invesco Ltd. owned approximately 0.15% of Five Below worth $8,747,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of FIVE. UMB Bank n.a. boosted its position in shares of Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock worth $35,000 after buying an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Five Below in the 3rd quarter valued at approximately $42,000. EverSource Wealth Advisors LLC increased its holdings in shares of Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after purchasing an additional 558 shares in the last quarter. R Squared Ltd acquired a new position in shares of Five Below in the fourth quarter worth $68,000. Finally, GAMMA Investing LLC raised its position in shares of Five Below by 149.1% in the fourth quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer's stock valued at $143,000 after buying an additional 814 shares during the last quarter.

Insider Activity

In related news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the sale, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 1.90% of the company's stock.

Five Below Price Performance

Five Below stock traded down $0.68 during mid-day trading on Friday, hitting $75.39. The company's stock had a trading volume of 1,503,681 shares, compared to its average volume of 1,984,511. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $150.88. The stock has a market cap of $4.15 billion, a price-to-earnings ratio of 15.54, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01. The business has a 50 day moving average price of $74.41 and a 200-day moving average price of $88.37.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings data 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. 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 in the previous year, the company earned $3.65 earnings per share. The firm's quarterly revenue was up 4.0% on a year-over-year basis. On average, equities research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Bank of America reduced their target price on Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a report on Thursday, March 20th. Truist Financial lowered 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. Telsey Advisory Group cut their price target on Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 18th. JPMorgan Chase & Co. raised shares of Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 price objective for the company in a report on Monday, April 7th. Finally, Mizuho decreased their price objective on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $94.30.

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.