PDT Partners LLC Invests $315,000 in Five Below, Inc. (NASDAQ:FIVE)

PDT Partners LLC bought a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,000 shares of the specialty retailer's stock, valued at approximately $315,000.

Other hedge funds have also made changes to their positions in the company. Proficio Capital Partners LLC purchased a new stake in Five Below in the 4th quarter valued at about $31,000. UMB Bank n.a. boosted its holdings in shares of Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after purchasing an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Five Below during the 3rd quarter valued at $42,000. Coppell Advisory Solutions LLC increased its holdings 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 worth $45,000 after buying an additional 253 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its stake in Five Below by 2,936.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock worth $61,000 after acquiring an additional 558 shares during the last quarter.

Five Below Price Performance

Five Below stock traded down $1.45 during trading hours on Tuesday, hitting $81.34. The company had a trading volume of 1,896,966 shares, compared to its average volume of 2,017,911. The firm's fifty day moving average is $73.17 and its 200-day moving average is $87.70. The firm has a market capitalization of $4.48 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.19 and a beta of 0.87. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $146.97.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter last year, the firm earned $3.65 earnings per share. The business's revenue for the quarter was up 4.0% on a year-over-year basis. Analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Ronald James Masciantonio sold 584 shares of the business's stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the transaction, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. The trade was a 4.41 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.90% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on FIVE. JPMorgan Chase & Co. boosted their price objective on Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research note on Friday. Telsey Advisory Group lifted their price objective on shares of Five Below from $85.00 to $90.00 and gave the company a "market perform" rating in a research note on Friday. Guggenheim decreased their target price on shares of Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. The Goldman Sachs Group dropped their price target on shares of Five Below from $117.00 to $102.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Five Below in a research report on Thursday, March 20th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company 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.