Five Below, Inc. (NASDAQ:FIVE) Shares Bought by Captrust Financial Advisors

Captrust Financial Advisors grew its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 11.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,316 shares of the specialty retailer’s stock after purchasing an additional 965 shares during the period. Captrust Financial Advisors’ holdings in Five Below were worth $978,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in FIVE. UMB Bank n.a. boosted its holdings in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares in the last quarter. Coppell Advisory Solutions LLC lifted its position in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock valued at $45,000 after acquiring an additional 253 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Five Below by 2,936.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after acquiring an additional 558 shares in the last quarter. R Squared Ltd acquired a new position in shares of Five Below in the 4th quarter worth $68,000. Finally, Sterling Capital Management LLC raised its position in shares of Five Below by 13.1% during the fourth quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 158 shares during the period.

Five Below Stock Performance

NASDAQ:FIVE opened at $105.61 on Friday. The company has a market capitalization of $5.81 billion, a P/E ratio of 21.78, a P/E/G ratio of 1.19 and a beta of 0.87. The stock’s 50 day moving average price is $74.72 and its 200 day moving average price is $87.96. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $145.00.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the business posted $3.65 EPS. Five Below’s quarterly revenue was up 4.0% on a year-over-year basis. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. This trade represents a 4.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FIVE shares. Loop Capital increased their price target on Five Below from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Monday, May 5th. Barclays decreased their target price on shares of Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday, March 20th. DA Davidson cut their price target on shares of Five Below from $50.00 to $25.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Truist Financial raised their price objective on shares of Five Below from $65.00 to $81.00 and gave the stock a “hold” rating in a research note on Monday, May 5th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a research report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $97.25.

Five Below 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.