Signaturefd LLC Has $206,000 Stock Holdings in Five Below, Inc. $FIVE

Key Points

• Signaturefd LLC trimmed its stake by 91.3% in Five Below during Q4, selling 11,503 shares and leaving it with 1,096 shares valued at about $206,000.
• Company insiders have been selling: the COO sold 10,000 shares at $234.14 and the CAO sold 8,500 at $201.15, with insiders disposing of 35,525 shares valued at $7.79 million over the last 90 days (insiders own 1.90%).
• Operational and analyst momentum: Five Below reported an earnings beat (EPS $4.31 vs. $4.00) and 24.3% revenue growth, prompting multiple price-target raises and a consensus "Moderate Buy" with a target of $229.86.

Signaturefd LLC trimmed its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 91.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,096 shares of the specialty retailer's stock after selling 11,503 shares during the quarter. Signaturefd LLC's holdings in Five Below were worth $206,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of FIVE. Jennison Associates LLC grew its holdings in Five Below by 397.5% in the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer's stock worth $126,777,000 after purchasing an additional 654,763 shares during the period. Wellington Management Group LLP lifted its stake in shares of Five Below by 149.0% in the third quarter. Wellington Management Group LLP now owns 848,105 shares of the specialty retailer's stock valued at $131,202,000 after buying an additional 507,487 shares in the last quarter. Hudson Bay Capital Management LP lifted its stake in shares of Five Below by 1,770.7% in the second quarter. Hudson Bay Capital Management LP now owns 471,506 shares of the specialty retailer's stock valued at $61,852,000 after buying an additional 446,301 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Five Below by 21.6% in the third quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer's stock valued at $289,771,000 after buying an additional 332,615 shares in the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Five Below by 336.2% in the third quarter. Invesco Ltd. now owns 426,042 shares of the specialty retailer's stock valued at $65,909,000 after buying an additional 328,365 shares in the last quarter.

Insider Activity at Five Below

In related news, COO Kenneth R. Bull sold 10,000 shares of the firm's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $234.14, for a total transaction of $2,341,400.00. Following the transaction, the chief operating officer directly owned 92,531 shares of the company's stock, valued at $21,665,208.34. This trade represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Eric M. Specter sold 8,500 shares of the firm's stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total transaction of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares in the company, valued at $9,197,382.60. The trade was a 15.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 35,525 shares of company stock valued at $7,789,754 over the last ninety days. Corporate insiders own 1.90% of the company's stock.

Five Below Price Performance

FIVE opened at $217.37 on Friday. The company's 50-day moving average is $218.27 and its 200 day moving average is $186.65. Five Below, Inc. has a fifty-two week low of $55.36 and a fifty-two week high of $238.40. The firm has a market capitalization of $12.01 billion, a P/E ratio of 33.65, a PEG ratio of 1.69 and a beta of 1.07.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share for the quarter, beating analysts' consensus estimates of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The company had revenue of $1.73 billion for the quarter, compared to analyst estimates of $1.71 billion. During the same period last year, the firm earned $3.48 earnings per share. The firm's revenue was up 24.3% on a year-over-year basis. On average, equities research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on FIVE shares. Truist Financial raised their price objective on shares of Five Below from $236.00 to $261.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Citigroup raised their price objective on shares of Five Below from $200.00 to $235.00 and gave the company a "neutral" rating in a research note on Thursday, March 19th. Barclays raised their price objective on shares of Five Below from $193.00 to $211.00 and gave the company an "equal weight" rating in a research note on Tuesday, March 10th. Bank of America raised their price objective on shares of Five Below from $260.00 to $305.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and issued a $206.00 price objective on shares of Five Below in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $229.86.

Five Below Profile

Five Below, Inc NASDAQ: FIVE is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

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