Five Below Inc (NASDAQ:FIVE) CAO Eric M. Specter sold 15,000 shares of the company’s stock in a transaction dated Friday, April 12th. The stock was sold at an average price of $133.60, for a total value of $2,004,000.00. Following the transaction, the chief accounting officer now directly owns 35,108 shares of the company’s stock, valued at $4,690,428.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

NASDAQ FIVE traded up $0.67 during trading hours on Monday, hitting $135.64. 1,172,624 shares of the company traded hands, compared to its average volume of 1,043,711. Five Below Inc has a twelve month low of $69.37 and a twelve month high of $136.36. The stock has a market capitalization of $7.53 billion, a PE ratio of 52.78, a price-to-earnings-growth ratio of 1.50 and a beta of 0.60.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 27th. The specialty retailer reported $1.58 EPS for the quarter, beating the consensus estimate of $1.57 by $0.01. Five Below had a return on equity of 27.10% and a net margin of 9.60%. The firm had revenue of $602.68 million during the quarter, compared to analysts’ expectations of $601.53 million. During the same period in the prior year, the firm posted $1.21 earnings per share. The business’s quarterly revenue was up 19.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Five Below Inc will post 3.06 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Louisiana State Employees Retirement System boosted its position in Five Below by 0.7% during the first quarter. Louisiana State Employees Retirement System now owns 14,900 shares of the specialty retailer’s stock valued at $1,851,000 after purchasing an additional 100 shares during the last quarter. Landsberg Bennett & Dubbaneh LLC acquired a new position in Five Below during the first quarter valued at approximately $769,000. Chartwell Investment Partners LLC boosted its position in Five Below by 1.4% during the first quarter. Chartwell Investment Partners LLC now owns 25,808 shares of the specialty retailer’s stock valued at $3,207,000 after purchasing an additional 350 shares during the last quarter. We Are One Seven LLC boosted its position in Five Below by 80.1% during the first quarter. We Are One Seven LLC now owns 9,282 shares of the specialty retailer’s stock valued at $1,153,000 after purchasing an additional 4,127 shares during the last quarter. Finally, Somerset Trust Co boosted its position in Five Below by 151.6% during the first quarter. Somerset Trust Co now owns 707 shares of the specialty retailer’s stock valued at $88,000 after purchasing an additional 426 shares during the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

Several research firms have recently weighed in on FIVE. Bank of America began coverage on Five Below in a research report on Monday. They set a “buy” rating and a $150.00 price objective for the company. JPMorgan Chase & Co. cut Five Below from an “overweight” rating to a “neutral” rating and set a $128.30 price objective for the company. in a research report on Friday, February 22nd. BidaskClub cut Five Below from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 15th. ValuEngine raised Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, January 24th. Finally, Loop Capital cut Five Below from a “buy” rating to a “hold” rating in a research report on Wednesday, January 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $127.90.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

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Insider Buying and Selling by Quarter for Five Below (NASDAQ:FIVE)

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