Five Below, Inc. (NASDAQ:FIVE) Holdings Decreased by Sei Investments Co.

Sei Investments Co. cut its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 6.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 180,593 shares of the specialty retailer's stock after selling 11,729 shares during the period. Sei Investments Co. owned approximately 0.33% of Five Below worth $18,955,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Brooklyn Investment Group purchased a new position in Five Below in the third quarter valued at about $30,000. Proficio Capital Partners LLC bought a new stake in shares of Five Below in the fourth quarter worth $31,000. UMB Bank n.a. raised 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 valued at $35,000 after acquiring an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new position in Five Below during the 3rd quarter valued at $42,000. Finally, EverSource Wealth Advisors LLC grew 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 worth $61,000 after acquiring an additional 558 shares in the last quarter.

Five Below Price Performance

Shares of NASDAQ FIVE traded up $1.52 during midday trading on Tuesday, reaching $76.45. 204,761 shares of the company traded hands, compared to its average volume of 1,784,082. The stock has a 50-day moving average price of $85.73 and a 200 day moving average price of $92.45. The company has a market cap of $4.21 billion, a price-to-earnings ratio of 15.74, a PEG ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 52 week low of $64.87 and a 52 week high of $182.99.

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Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping analysts' consensus estimates of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period in the previous year, the firm earned $3.65 EPS. Five Below's revenue was up 4.0% on a year-over-year basis. As a group, analysts expect that Five Below, Inc. will post 4.93 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the topic of several research analyst reports. Barclays reduced their price target on shares of Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. Morgan Stanley reiterated an "equal weight" rating on shares of Five Below in a research report on Thursday, March 20th. Telsey Advisory Group dropped their price target on Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a research report on Tuesday, March 18th. 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. Finally, Wells Fargo & Company increased their target price on shares of Five Below from $115.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, December 5th. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $101.42.

Insider Activity

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 completion of the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Ronald James Masciantonio sold 584 shares of the business's 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 sale, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was 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.

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.