Five Below Inc (NASDAQ:FIVE) insider Eric M. Specter sold 15,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $67.08, for a total value of $1,006,200.00. Following the completion of the transaction, the insider now directly owns 13,883 shares of the company’s stock, valued at approximately $931,271.64. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Shares of Five Below Inc (FIVE) traded down $1.49 during trading on Friday, reaching $65.55. The company had a trading volume of 1,063,600 shares, compared to its average volume of 1,103,364. The stock has a market capitalization of $3,702.96, a price-to-earnings ratio of 43.82, a price-to-earnings-growth ratio of 1.42 and a beta of 0.85. Five Below Inc has a 52 week low of $36.90 and a 52 week high of $67.57.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.05. The company had revenue of $257.18 million during the quarter, compared to analyst estimates of $246.04 million. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The firm’s revenue for the quarter was up 28.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 earnings per share. equities research analysts expect that Five Below Inc will post 1.78 EPS for the current year.

FIVE has been the subject of a number of analyst reports. Loop Capital set a $60.00 price target on Five Below and gave the stock a “buy” rating in a report on Monday, August 28th. Zacks Investment Research cut Five Below from a “buy” rating to a “hold” rating in a report on Wednesday, September 6th. Deutsche Bank reaffirmed a “hold” rating and issued a $54.00 price target (up previously from $53.00) on shares of Five Below in a report on Thursday, August 31st. MKM Partners increased their target price on Five Below from $59.00 to $64.00 and gave the company a “buy” rating in a report on Tuesday, November 28th. Finally, Jefferies Group reissued a “buy” rating and set a $62.00 target price on shares of Five Below in a report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, nine have given a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $60.91.

Several institutional investors and hedge funds have recently added to or reduced their stakes in FIVE. Jennison Associates LLC boosted its position in shares of Five Below by 24.1% during the third quarter. Jennison Associates LLC now owns 2,124,055 shares of the specialty retailer’s stock worth $116,568,000 after buying an additional 412,641 shares during the period. Macquarie Group Ltd. raised its stake in shares of Five Below by 42.2% in the second quarter. Macquarie Group Ltd. now owns 776,034 shares of the specialty retailer’s stock valued at $38,313,000 after acquiring an additional 230,191 shares in the last quarter. OxFORD Asset Management LLP raised its stake in shares of Five Below by 1,392.6% in the second quarter. OxFORD Asset Management LLP now owns 171,371 shares of the specialty retailer’s stock valued at $8,461,000 after acquiring an additional 159,890 shares in the last quarter. Engineers Gate Manager LP acquired a new stake in shares of Five Below in the second quarter valued at $5,540,000. Finally, Neuberger Berman Group LLC raised its stake in shares of Five Below by 28.6% in the second quarter. Neuberger Berman Group LLC now owns 494,276 shares of the specialty retailer’s stock valued at $24,402,000 after acquiring an additional 110,050 shares in the last quarter.

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About Five Below

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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