Five Below, Inc. (NASDAQ:FIVE) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 73.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,528 shares of the specialty retailer’s stock after selling 4,144 shares during the period. SG Americas Securities LLC’s holdings in Five Below were worth $160,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FIVE. Atreides Management LP acquired a new position in shares of Five Below during the 3rd quarter worth about $68,649,000. Two Sigma Advisers LP purchased a new stake in Five Below during the 3rd quarter worth approximately $64,981,000. Holocene Advisors LP acquired a new position in shares of Five Below during the third quarter valued at approximately $38,829,000. Wellington Management Group LLP lifted its position in shares of Five Below by 1,042.4% in the third quarter. Wellington Management Group LLP now owns 391,004 shares of the specialty retailer’s stock valued at $34,545,000 after acquiring an additional 356,776 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its stake in shares of Five Below by 1,094.5% in the third quarter. BNP Paribas Financial Markets now owns 366,146 shares of the specialty retailer’s stock worth $32,349,000 after acquiring an additional 335,493 shares during the last quarter.

Five Below Stock Performance

FIVE stock opened at $90.07 on Monday. The company’s 50 day moving average price is $100.96 and its 200 day moving average price is $90.68. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 18.57, a PEG ratio of 1.26 and a beta of 1.12. Five Below, Inc. has a fifty-two week low of $64.87 and a fifty-two week high of $212.01.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 EPS 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 company had revenue of $843.71 million during the quarter, compared to analysts’ expectations of $801.48 million. During the same quarter in the previous year, the business posted $0.26 EPS. The firm’s revenue was up 14.6% on a year-over-year basis. Equities analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on FIVE shares. Bank of America downgraded shares of Five Below from a “neutral” rating to an “underperform” rating and cut their price objective for the company from $98.00 to $75.00 in a report on Wednesday, November 6th. StockNews.com cut Five Below from a “hold” rating to a “sell” rating in a report on Friday, December 13th. Gordon Haskett raised Five Below from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research note on Thursday, November 7th. Craig Hallum raised their target price on Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Finally, Morgan Stanley boosted their price target on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $111.32.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the stock in a transaction dated Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the transaction, the chief accounting officer now owns 57,267 shares in the company, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.90% of the stock is currently owned by corporate insiders.

About Five Below

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.