Jump Financial LLC Trims Position in Five Below, Inc. (NASDAQ:FIVE)

Jump Financial LLC cut its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 42.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 112,847 shares of the specialty retailer's stock after selling 83,154 shares during the quarter. Jump Financial LLC owned about 0.21% of Five Below worth $11,844,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Giverny Capital Inc. raised its stake in Five Below by 0.9% in the fourth quarter. Giverny Capital Inc. now owns 732,110 shares of the specialty retailer's stock worth $76,842,000 after buying an additional 6,861 shares in the last quarter. Optimize Financial Inc bought a new position in shares of Five Below in the 4th quarter worth approximately $673,000. Sterling Capital Management LLC lifted its stake in shares of Five Below by 13.1% in the 4th quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock valued at $143,000 after purchasing an additional 158 shares during the period. Treasurer of the State of North Carolina lifted its position in Five Below by 0.6% during the fourth 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. Finally, Raymond James Financial Inc. purchased a new position in shares of Five Below during the fourth quarter valued at approximately $8,489,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Evercore ISI cut their price target on shares of Five Below from $93.00 to $90.00 and set an "in-line" rating on the stock in a report on Tuesday, April 1st. Morgan Stanley reiterated an "equal weight" rating on shares of Five Below in a research note on Thursday, March 20th. Barclays cut their price target on Five Below from $100.00 to $93.00 and set an "equal weight" rating for the company in a report on Thursday, March 20th. The Goldman Sachs Group reduced their price objective on shares of Five Below from $117.00 to $102.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Finally, StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company's stock. According to data from MarketBeat, Five Below currently has a consensus rating of "Hold" and an average price target of $94.30.

Five Below Price Performance

NASDAQ FIVE traded up $4.69 during trading on Friday, reaching $67.41. 2,600,462 shares of the company's stock traded hands, compared to its average volume of 1,948,629. The company's 50 day simple moving average is $76.10 and its two-hundred day simple moving average is $89.02. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $151.95. The firm has a market cap of $3.71 billion, a price-to-earnings ratio of 13.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share 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 analyst estimates of $1.38 billion. During the same quarter in the prior year, the business earned $3.65 earnings per share. Five Below's revenue was up 4.0% on a year-over-year basis. Research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Activity at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the sale, 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 transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.90% of the stock is owned by corporate insiders.

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.