Wolf Group Capital Advisors Acquires New Stake in Five Below, Inc. (NASDAQ:FIVE)

Wolf Group Capital Advisors bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm bought 15,641 shares of the specialty retailer's stock, valued at approximately $1,172,000.

A number of other hedge funds have also made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in Five Below during the 1st quarter valued at $29,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Five Below by 100.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer's stock worth $1,083,000 after purchasing an additional 7,258 shares during the last quarter. Integrated Advisors Network LLC acquired a new stake in shares of Five Below in the first quarter valued at $271,000. Handelsbanken Fonder AB raised its holdings in shares of Five Below by 26.3% in the first quarter. Handelsbanken Fonder AB now owns 19,209 shares of the specialty retailer's stock valued at $1,439,000 after buying an additional 4,000 shares during the last quarter. Finally, SG Americas Securities LLC raised its holdings in shares of Five Below by 913.6% in the first quarter. SG Americas Securities LLC now owns 15,488 shares of the specialty retailer's stock valued at $1,160,000 after buying an additional 13,960 shares during the last quarter.

Five Below Stock Down 0.5%

NASDAQ FIVE traded down $0.66 on Wednesday, reaching $123.18. The company had a trading volume of 1,077,431 shares, compared to its average volume of 2,068,301. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $137.30. The stock's 50 day moving average is $96.15 and its 200-day moving average is $92.58. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 25.82 and a beta of 1.02.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly 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 company had revenue of $970.53 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the prior year, the business posted $0.60 EPS. As a group, analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Buying and Selling at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total transaction of $45,575.36. Following the transaction, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. The trade was a 4.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider George Hill sold 4,500 shares of the stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $132.93, for a total value of $598,185.00. Following the completion of the sale, the insider now owns 44,130 shares of the company's stock, valued at $5,866,200.90. This trade represents a 9.25% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FIVE. Evercore ISI increased their price objective on shares of Five Below from $98.00 to $115.00 and gave the stock an "in-line" rating in a report on Thursday, June 5th. Telsey Advisory Group upped their target price on shares of Five Below from $90.00 to $128.00 and gave the stock a "market perform" rating in a research report on Wednesday, June 4th. Bank of America increased their price target on shares of Five Below from $78.00 to $93.00 and gave the company an "underperform" rating in a research note on Thursday, June 5th. JPMorgan Chase & Co. boosted their price objective on shares of Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research report on Friday, May 2nd. Finally, Wall Street Zen raised Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $112.40.

About Five Below

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.