Emerald Mutual Fund Advisers Trust Takes Position in Five Below, Inc. (NASDAQ:FIVE)

Emerald Mutual Fund Advisers Trust bought a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 10,594 shares of the specialty retailer's stock, valued at approximately $794,000.

Several other institutional investors have also recently made changes to their positions in FIVE. Xponance Inc. increased its position in Five Below by 2.1% during the 1st quarter. Xponance Inc. now owns 10,408 shares of the specialty retailer's stock valued at $780,000 after buying an additional 210 shares in the last quarter. Cerity Partners LLC increased its position in Five Below by 45.8% during the 1st quarter. Cerity Partners LLC now owns 31,119 shares of the specialty retailer's stock valued at $2,332,000 after buying an additional 9,770 shares in the last quarter. Linden Thomas Advisory Services LLC increased its position in Five Below by 6.2% during the 1st quarter. Linden Thomas Advisory Services LLC now owns 18,847 shares of the specialty retailer's stock valued at $1,412,000 after buying an additional 1,100 shares in the last quarter. DekaBank Deutsche Girozentrale increased its position in Five Below by 8.5% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 20,251 shares of the specialty retailer's stock valued at $1,467,000 after buying an additional 1,586 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in Five Below during the 1st quarter valued at approximately $602,000.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on FIVE shares. Wall Street Zen raised Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. Wells Fargo & Company lifted their target price on Five Below from $115.00 to $140.00 and gave the stock an "overweight" rating in a report on Thursday, June 5th. DA Davidson reduced their target price on Five Below from $50.00 to $25.00 and set a "neutral" rating for the company in a report on Monday, April 14th. The Goldman Sachs Group lifted their target price on Five Below from $122.00 to $135.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Finally, Citigroup lifted their target price on Five Below from $121.00 to $135.00 and gave the stock a "neutral" rating in a report on Wednesday, June 4th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, Five Below currently has a consensus rating of "Hold" and a consensus target price of $113.30.

Five Below Price Performance

Shares of FIVE traded down $0.72 during trading hours on Friday, hitting $129.46. The stock had a trading volume of 972,082 shares, compared to its average volume of 2,072,218. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $137.30. The firm has a market capitalization of $7.13 billion, a PE ratio of 27.14 and a beta of 1.04. The stock has a fifty day moving average price of $117.20 and a 200 day moving average price of $95.27.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, topping the consensus estimate of $0.83 by $0.03. The company had revenue of $970.53 million during the quarter, compared to analyst estimates of $966.29 million. Five Below had a return on equity of 17.00% and a net margin of 6.52%. Five Below's 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. As a group, analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity at Five Below

In related news, insider George Hill sold 4,500 shares of Five Below stock in a transaction 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 transaction, the insider directly owned 44,130 shares in the company, valued at approximately $5,866,200.90. The trade was a 9.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Amit Jhunjhunwala sold 1,700 shares of Five Below stock in a transaction on Monday, June 16th. The shares were sold at an average price of $125.17, for a total value of $212,789.00. Following the transaction, the insider owned 25,890 shares in the company, valued at $3,240,651.30. This trade represents a 6.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 11,700 shares of company stock worth $1,530,209. Corporate 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.