Proficio Capital Partners LLC Buys New Stake in Five Below, Inc. (NASDAQ:FIVE)

Proficio Capital Partners LLC acquired a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 30,858 shares of the specialty retailer's stock, valued at approximately $31,000. Proficio Capital Partners LLC owned about 0.06% of Five Below as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of FIVE. Brooklyn Investment Group bought a new position in shares of Five Below during the 3rd quarter worth approximately $30,000. UMB Bank n.a. grew its holdings in Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock worth $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in Five Below in the third quarter valued at $42,000. R Squared Ltd acquired a new position in shares of Five Below during the fourth quarter valued at about $68,000. Finally, GAMMA Investing LLC boosted its position in shares of Five Below by 149.1% during the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer's stock worth $143,000 after purchasing an additional 814 shares in the last quarter.

Analyst Upgrades and Downgrades

FIVE has been the topic of a number of research reports. Bank of America cut their price target on Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a report on Thursday, March 20th. JPMorgan Chase & Co. decreased their price target on shares of Five Below from $107.00 to $102.00 and set an "underweight" rating for the company in a research note on Thursday, January 16th. StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. Morgan Stanley reaffirmed an "equal weight" rating on shares of Five Below in a research report on Thursday, March 20th. Finally, Wells Fargo & Company raised their price objective on Five Below from $115.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, December 5th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $101.42.

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Insider Activity

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the 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 completion of the sale, the chief accounting officer now directly 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ronald James Masciantonio sold 584 shares of the business's 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 transaction, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

Five Below Price Performance

Five Below stock traded up $1.40 during mid-day trading on Tuesday, reaching $76.33. 711,437 shares of the stock traded hands, compared to its average volume of 1,785,913. The business's 50-day moving average is $85.73 and its 200-day moving average is $92.45. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $182.99. The stock has a market capitalization of $4.20 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.38 by $0.10. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.65 EPS. Equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

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.