Shay Capital LLC Invests $325,000 in Five Below, Inc. (NASDAQ:FIVE)

Shay Capital LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,100 shares of the specialty retailer's stock, valued at approximately $325,000.

A number of other institutional investors have also made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Five Below during the fourth quarter worth $8,489,000. Schonfeld Strategic Advisors LLC increased its holdings in Five Below by 7,542.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock worth $30,160,000 after buying an additional 283,591 shares during the last quarter. Gateway Investment Advisers LLC increased its holdings in Five Below by 691.8% during the fourth quarter. Gateway Investment Advisers LLC now owns 25,297 shares of the specialty retailer's stock worth $2,655,000 after buying an additional 22,102 shares during the last quarter. Prudential Financial Inc. increased its holdings in shares of Five Below by 236.1% in the fourth quarter. Prudential Financial Inc. now owns 11,438 shares of the specialty retailer's stock valued at $1,201,000 after purchasing an additional 8,035 shares during the last quarter. Finally, KBC Group NV increased its holdings in shares of Five Below by 30.4% in the fourth quarter. KBC Group NV now owns 2,126 shares of the specialty retailer's stock valued at $223,000 after purchasing an additional 496 shares during the last quarter.

Analyst Upgrades and Downgrades

FIVE has been the topic of several research reports. Mizuho decreased their price objective on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a report on Thursday, March 20th. StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. DA Davidson decreased their price target on shares of Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Telsey Advisory Group upped their price target 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, May 2nd. Finally, Morgan Stanley restated an "equal weight" rating on shares of Five Below in a research note on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $97.50.

Five Below Price Performance

NASDAQ FIVE traded up $2.99 during trading hours on Tuesday, reaching $111.93. The company's stock had a trading volume of 1,338,810 shares, compared to its average volume of 2,079,682. The firm has a fifty day simple moving average of $76.04 and a 200-day simple moving average of $88.07. The stock has a market cap of $6.16 billion, a P/E ratio of 23.08, a P/E/G ratio of 1.19 and a beta of 0.87. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $141.70.

Five Below (NASDAQ:FIVE - Get Free Report) last issued 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. The business had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm's quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the business earned $3.65 EPS. On average, research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Activity 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 shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the completion of the sale, the executive vice president now owns 12,658 shares of the company's stock, valued at approximately $987,830.32. This represents a 4.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is owned by company 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.