Centiva Capital LP Acquires New Shares in Five Below, Inc. (NASDAQ:FIVE)

Centiva Capital LP acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 2,543 shares of the specialty retailer's stock, valued at approximately $267,000.

A number of other institutional investors have also recently bought and sold shares of the business. Oak Thistle LLC boosted its holdings in shares of Five Below by 3.0% in the 4th quarter. Oak Thistle LLC now owns 15,910 shares of the specialty retailer's stock worth $1,670,000 after buying an additional 470 shares during the last quarter. Gateway Investment Advisers LLC raised its position in Five Below by 691.8% in the fourth quarter. Gateway Investment Advisers LLC now owns 25,297 shares of the specialty retailer's stock worth $2,655,000 after acquiring an additional 22,102 shares during the period. Chemistry Wealth Management LLC boosted its stake in Five Below by 43.3% in the fourth quarter. Chemistry Wealth Management LLC now owns 4,498 shares of the specialty retailer's stock valued at $472,000 after acquiring an additional 1,359 shares during the last quarter. HB Wealth Management LLC bought a new position in shares of Five Below during the 4th quarter valued at approximately $241,000. Finally, UMB Bank n.a. increased its stake in shares of Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock worth $35,000 after purchasing an additional 204 shares during the last quarter.

Five Below Price Performance

FIVE stock traded up $0.91 during midday trading on Friday, hitting $106.52. The stock had a trading volume of 2,239,507 shares, compared to its average volume of 2,069,694. The business has a 50-day moving average of $74.72 and a two-hundred day moving average of $87.96. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 21.96, a price-to-earnings-growth 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 $145.00.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $1.38 billion. During the same period in the prior year, the firm earned $3.65 EPS. The company's revenue was up 4.0% compared to the same quarter last year. Research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on FIVE shares. 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 research note on Thursday, March 20th. Evercore ISI decreased their price objective on Five Below from $93.00 to $90.00 and set an "in-line" rating for the company in a report on Tuesday, April 1st. Barclays lowered their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 20th. JPMorgan Chase & Co. lifted their target price on shares of Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. Finally, StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. One investment 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. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $97.25.

Insider Activity at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now directly 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is owned by corporate insiders.

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.