Atria Investments Inc Sells 484 Shares of Five Below, Inc. (NASDAQ:FIVE)

Atria Investments Inc trimmed its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 13.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,003 shares of the specialty retailer’s stock after selling 484 shares during the quarter. Atria Investments Inc’s holdings in Five Below were worth $315,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. KBC Group NV grew its stake in shares of Five Below by 23.7% in the third quarter. KBC Group NV now owns 1,630 shares of the specialty retailer’s stock worth $144,000 after purchasing an additional 312 shares during the last quarter. Baron Wealth Management LLC grew its position in shares of Five Below by 6.1% in the 3rd quarter. Baron Wealth Management LLC now owns 9,986 shares of the specialty retailer’s stock valued at $882,000 after buying an additional 575 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new stake in shares of Five Below in the 3rd quarter valued at about $1,765,000. JW Asset Management LLC acquired a new stake in shares of Five Below in the third quarter valued at about $442,000. Finally, Charles Schwab Investment Management Inc. raised its position in shares of Five Below by 41.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 614,288 shares of the specialty retailer’s stock worth $54,272,000 after acquiring an additional 180,902 shares during the last quarter.

Insider Transactions at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares in the company, 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 the SEC website. 1.90% of the stock is currently owned by insiders.

Five Below Trading Up 1.9 %

FIVE opened at $74.37 on Tuesday. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $209.79. The company has a market cap of $4.09 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 1.19 and a beta of 1.11. The company’s fifty day moving average price is $89.81 and its two-hundred day moving average price is $92.76.

Analyst Ratings Changes

FIVE has been the subject of a number of recent analyst reports. Citigroup increased their target price on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research report on Monday, December 2nd. Barclays increased their price objective on shares of Five Below from $90.00 to $100.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group boosted their target price on shares of Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a report on Friday, December 6th. Guggenheim increased their price target on Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Finally, Loop Capital boosted their price objective on Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $111.32.

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.