Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC trimmed its holdings in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 83.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,380 shares of the specialty retailer's stock after selling 32,725 shares during the quarter. Lisanti Capital Growth LLC's holdings in Five Below were worth $670,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of FIVE. Charles Schwab Investment Management Inc. boosted its position in Five Below by 41.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer's stock valued at $54,272,000 after acquiring an additional 180,902 shares in the last quarter. National Bank of Canada FI boosted its position in Five Below by 155.2% during the 3rd quarter. National Bank of Canada FI now owns 78,827 shares of the specialty retailer's stock valued at $6,964,000 after acquiring an additional 47,940 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Five Below during the 3rd quarter valued at $3,282,000. Algert Global LLC boosted its position in Five Below by 364.2% during the 3rd quarter. Algert Global LLC now owns 25,830 shares of the specialty retailer's stock valued at $2,282,000 after acquiring an additional 20,266 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its position in Five Below by 72.8% during the 3rd quarter. Janney Montgomery Scott LLC now owns 21,815 shares of the specialty retailer's stock valued at $1,927,000 after acquiring an additional 9,188 shares in the last quarter.

Remove Ads

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on FIVE shares. Morgan Stanley raised their price objective on Five Below from $100.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 5th. The Goldman Sachs Group raised their price objective on Five Below from $106.00 to $122.00 and gave the stock a "buy" rating in a research report on Friday, December 6th. Telsey Advisory Group reissued a "market perform" rating and issued a $115.00 price objective on shares of Five Below in a research report on Tuesday, January 14th. Barclays raised their price objective on Five Below from $90.00 to $100.00 and gave the stock an "equal weight" rating in a research report on Thursday, December 5th. Finally, JPMorgan Chase & Co. lowered their price objective on Five Below from $107.00 to $102.00 and set an "underweight" rating for the company in a research report on Thursday, January 16th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $111.32.

Five Below Stock Down 4.3 %

NASDAQ FIVE traded down $3.72 on Friday, reaching $82.04. The stock had a trading volume of 2,566,317 shares, compared to its average volume of 1,640,982. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $209.79. The stock has a fifty day moving average price of $93.11 and a two-hundred day moving average price of $92.95. The firm has a market capitalization of $4.51 billion, a price-to-earnings ratio of 16.92, a P/E/G ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping analysts' consensus estimates of $0.16 by $0.26. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. During the same quarter in the prior year, the company earned $0.26 earnings per share. The company's revenue was up 14.6% on a year-over-year basis. Sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value 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 represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Corporate 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.