Five Below Target of Unusually Large Options Trading (NASDAQ:FIVE)

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 16,766 call options on the company. This represents an increase of approximately 346% compared to the typical volume of 3,760 call options.

Five Below Stock Up 0.2 %

Shares of NASDAQ FIVE traded up $0.13 on Friday, reaching $76.24. 2,593,591 shares of the company's stock traded hands, compared to its average volume of 1,762,197. The business's 50 day simple moving average is $87.76 and its two-hundred day simple moving average is $92.63. Five Below has a 12 month low of $64.87 and a 12 month high of $185.48. The company has a market cap of $4.19 billion, a price-to-earnings 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 posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating 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 last year, the company earned $3.65 EPS. The firm's revenue for the quarter was up 4.0% on a year-over-year basis. Analysts forecast that Five Below will post 4.93 earnings per share for the current fiscal year.

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Analyst Ratings Changes

Several brokerages have issued reports on FIVE. Morgan Stanley reaffirmed an "equal weight" rating on shares of Five Below in a research note on Thursday. UBS Group dropped their target price on Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a research report on Thursday. Loop Capital reduced their price target on shares of Five Below from $120.00 to $75.00 and set a "hold" rating on the stock in a research report on Tuesday, March 18th. Craig Hallum boosted their price objective on shares of Five Below from $125.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, December 5th. Finally, William Blair reaffirmed a "market perform" rating on shares of Five Below in a research note on Monday, December 2nd. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $102.16.

Insiders Place Their Bets

In related news, CAO Eric M. Specter sold 5,494 shares of the company's 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 sale, the chief accounting officer now owns 57,267 shares of the company's stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.90% of the company's stock.

Institutional Trading of Five Below

Institutional investors and hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. increased its position in shares of Five Below by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer's stock valued at $529,792,000 after acquiring an additional 43,537 shares in the last quarter. Wasatch Advisors LP increased its holdings in shares of Five Below by 3.7% in the 4th quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock worth $254,012,000 after purchasing an additional 86,271 shares in the last quarter. Marshall Wace LLP increased its holdings in shares of Five Below by 86.0% in the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after purchasing an additional 1,072,642 shares in the last quarter. State Street Corp raised its stake in shares of Five Below by 1.9% in the third quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer's stock worth $146,865,000 after purchasing an additional 31,520 shares during the last quarter. Finally, Steadfast Capital Management LP bought a new position in shares of Five Below during the fourth quarter valued at $123,601,000.

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.