Integrated Advisors Network LLC Purchases Shares of 3,622 Five Below, Inc. (NASDAQ:FIVE)

Integrated Advisors Network LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the first quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,622 shares of the specialty retailer's stock, valued at approximately $271,000.

A number of other large investors also recently modified their holdings of FIVE. Handelsbanken Fonder AB grew its position in shares of Five Below by 26.3% in the 1st quarter. Handelsbanken Fonder AB now owns 19,209 shares of the specialty retailer's stock worth $1,439,000 after acquiring an additional 4,000 shares in the last quarter. SG Americas Securities LLC grew its position in shares of Five Below by 913.6% in the 1st quarter. SG Americas Securities LLC now owns 15,488 shares of the specialty retailer's stock worth $1,160,000 after acquiring an additional 13,960 shares in the last quarter. Pallas Capital Advisors LLC acquired a new position in shares of Five Below in the 1st quarter worth approximately $306,000. UMB Bank n.a. grew its position in shares of Five Below by 61.7% in the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after acquiring an additional 206 shares in the last quarter. Finally, Chemistry Wealth Management LLC grew its position in shares of Five Below by 26.1% in the 1st quarter. Chemistry Wealth Management LLC now owns 5,672 shares of the specialty retailer's stock worth $425,000 after acquiring an additional 1,174 shares in the last quarter.

Insider Transactions at Five Below

In related news, insider George Hill sold 4,500 shares of the stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $132.93, for a total transaction of $598,185.00. Following the completion of the sale, the insider now owns 44,130 shares in the company, valued at $5,866,200.90. This represents a 9.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, 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 value of $45,575.36. Following the sale, 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 disclosure for this sale can be found here. 1.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on FIVE. Loop Capital boosted their price objective on Five Below from $90.00 to $130.00 and gave the company a "hold" rating in a research report on Friday, June 6th. Guggenheim cut their target price on Five Below from $140.00 to $125.00 and set a "buy" rating on the stock in a research note on Friday, March 21st. The Goldman Sachs Group lifted their target price on Five Below from $107.00 to $122.00 and gave the company a "buy" rating in a research note on Wednesday, June 4th. Wall Street Zen raised Five Below from a "sell" rating to a "hold" rating in a research note on Monday, March 24th. Finally, Citigroup boosted their price objective on Five Below from $121.00 to $135.00 and gave the stock a "neutral" rating in a research note on Wednesday, June 4th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $112.40.

Five Below Stock Performance

NASDAQ:FIVE traded down $4.16 during trading hours on Friday, hitting $121.82. 1,341,994 shares of the company's stock traded hands, compared to its average volume of 2,075,108. The stock's fifty day moving average price is $93.51 and its two-hundred day moving average price is $92.13. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $137.30. The firm has a market cap of $6.71 billion, a P/E ratio of 25.12, a P/E/G ratio of 1.19 and a beta of 1.02.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, beating analysts' consensus estimates of $0.83 by $0.03. The firm had revenue of $970.53 million for the quarter, compared to the consensus estimate of $966.29 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business's quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.60 earnings per share. On average, equities research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

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.