Eric M. Specter Sells 15,000 Shares of Five Below Inc (FIVE) Stock
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.
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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