Oberweis Asset Management Inc. Invests $8.92 Million in Five Below, Inc. (NASDAQ:FIVE)

Oberweis Asset Management Inc. purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 85,000 shares of the specialty retailer's stock, valued at approximately $8,922,000. Oberweis Asset Management Inc. owned approximately 0.15% of Five Below at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FIVE. UMB Bank n.a. raised 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 period. Coppell Advisory Solutions LLC raised its stake in Five Below by 143.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock valued at $45,000 after buying an additional 253 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below in the third quarter valued at approximately $42,000. 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 during the period. Finally, R Squared Ltd acquired a new position in shares of Five Below during the 4th quarter worth approximately $68,000.

Analyst Ratings Changes

Several equities research analysts have issued reports on FIVE shares. JPMorgan Chase & Co. raised Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 price target for the company in a report on Monday, April 7th. Barclays reduced 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. StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. Bank of America reduced their price objective on Five Below from $88.00 to $75.00 and set an "underperform" rating for the company in a report on Thursday, March 20th. Finally, DA Davidson lowered their target price on Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $94.30.

Five Below Trading Up 1.1 %

Shares of FIVE stock traded up $0.85 on Tuesday, hitting $76.17. 906,268 shares of the stock were exchanged, compared to its average volume of 1,979,335. The firm's 50 day moving average is $74.08 and its two-hundred day moving average is $88.22. Five Below, Inc. has a one year low of $52.38 and a one year high of $150.88. The firm has a market capitalization of $4.19 billion, a PE ratio of 15.65, a P/E/G ratio of 1.19 and a beta of 1.01.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.10. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the company earned $3.65 earnings per share. On average, sell-side analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In other news, EVP Ronald James Masciantonio sold 584 shares of Five Below 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 sale, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 1.90% of the company's stock.

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.