Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Choreo LLC

Choreo LLC lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 28.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,970 shares of the specialty retailer’s stock after selling 785 shares during the period. Choreo LLC’s holdings in Five Below were worth $205,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brooklyn Investment Group purchased a new position in shares of Five Below during the third quarter worth about $30,000. UMB Bank n.a. raised its position in shares of Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below during the 3rd quarter worth approximately $42,000. R Squared Ltd acquired a new position in Five Below in the 4th quarter valued at $68,000. Finally, GAMMA Investing LLC raised its holdings in Five Below by 149.1% in the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer’s stock valued at $143,000 after acquiring an additional 814 shares during the last quarter.

Five Below Stock Performance

Five Below stock opened at $88.72 on Friday. The firm has a market cap of $4.88 billion, a price-to-earnings ratio of 18.29, a price-to-earnings-growth ratio of 1.26 and a beta of 1.12. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $212.01. The firm’s 50 day moving average price is $99.15 and its two-hundred day moving average price is $91.16.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.26. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $843.71 million for the quarter, compared to analysts’ expectations of $801.48 million. During the same period in the previous year, the company posted $0.26 EPS. The company’s quarterly revenue was up 14.6% compared to the same quarter last year. As a group, equities analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

FIVE has been the topic of several research reports. Gordon Haskett raised Five Below from a “hold” rating to a “buy” rating and set a $120.00 target price on the stock in a research report on Thursday, November 7th. Craig Hallum raised their target price on Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, December 5th. JPMorgan Chase & Co. reduced their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Truist Financial increased their price target on shares of Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $115.00 target price on shares of Five Below in a report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $111.32.

Five Below Company Profile

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.