Aquatic Capital Management LLC Sells 15,763 Shares of Five Below, Inc. (NASDAQ:FIVE)

Aquatic Capital Management LLC cut its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 17.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,837 shares of the specialty retailer's stock after selling 15,763 shares during the quarter. Aquatic Capital Management LLC owned approximately 0.13% of Five Below worth $7,645,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its stake in Five Below by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer's stock worth $529,792,000 after purchasing an additional 43,537 shares during the period. Wasatch Advisors LP increased its stake in Five Below by 3.7% during the fourth quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock worth $254,012,000 after acquiring an additional 86,271 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of Five Below by 86.0% during the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after purchasing an additional 1,072,642 shares during the period. Giverny Capital Inc. increased its position in Five Below by 0.9% during the 4th quarter. Giverny Capital Inc. now owns 732,110 shares of the specialty retailer's stock worth $76,842,000 after purchasing an additional 6,861 shares in the last quarter. Finally, Pacifica Capital Investments LLC raised its holdings in Five Below by 13.3% in the fourth quarter. Pacifica Capital Investments LLC now owns 658,553 shares of the specialty retailer's stock valued at $69,122,000 after buying an additional 77,483 shares during the period.

Five Below Stock Performance

Shares of NASDAQ:FIVE traded down $0.53 during trading on Thursday, reaching $75.36. The company had a trading volume of 2,076,069 shares, compared to its average volume of 1,994,235. The firm has a market capitalization of $4.15 billion, a PE ratio of 15.54, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01. The firm's fifty day moving average is $73.65 and its 200 day moving average is $88.06. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $147.64.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data 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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $1.39 billion for the quarter, compared to analysts' expectations of $1.38 billion. During the same period in the previous year, the company posted $3.65 EPS. The company's quarterly revenue was up 4.0% compared to the same quarter last year. Equities analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Mizuho reduced their price objective on Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research note on Thursday, March 20th. Telsey Advisory Group cut their price target on Five Below from $115.00 to $85.00 and set a "market perform" rating on the stock in a research note on Tuesday, March 18th. Bank of America dropped their price objective on Five Below from $88.00 to $75.00 and set an "underperform" 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 research note on Monday, March 24th. Finally, UBS Group reduced their price objective on shares of Five Below from $150.00 to $110.00 and set a "buy" rating on the stock in a research note on Thursday, March 20th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $94.30.

Insiders Place Their Bets

In other news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction on Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. This represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.90% of the company's stock.

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.