George Hill Sells 1,500 Shares of Five Below, Inc. (NASDAQ:FIVE) Stock

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) insider George Hill sold 1,500 shares of Five Below stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider directly owned 42,672 shares in the company, valued at $5,974,080. This trade represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

George Hill also recently made the following trade(s):

• On Thursday, June 5th, George Hill sold 4,500 shares of Five Below stock. The stock was sold at an average price of $132.93, for a total transaction of $598,185.00.

Five Below Stock Performance

Five Below stock traded down $0.27 during trading hours on Wednesday, reaching $139.43. 458,473 shares of the stock were exchanged, compared to its average volume of 1,968,440. The stock has a market cap of $7.68 billion, a P/E ratio of 29.23 and a beta of 1.04. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $142.13. The firm's 50 day moving average is $123.99 and its 200 day moving average is $96.87.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. The company had revenue of $970.53 million during the quarter, compared to the consensus estimate of $966.29 million. Five Below had a net margin of 6.52% and a return on equity of 17.00%. Five Below's quarterly revenue was up 19.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.60 EPS. Equities research analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Hedge Funds Weigh In On Five Below

Large investors have recently made changes to their positions in the stock. Raymond James Financial Inc. purchased a new position in shares of Five Below in the 4th quarter valued at about $8,489,000. Summit Trail Advisors LLC purchased a new position in Five Below during the 1st quarter valued at about $247,000. Schonfeld Strategic Advisors LLC increased its holdings in Five Below by 7,542.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock valued at $30,160,000 after acquiring an additional 283,591 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Five Below by 17.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,544 shares of the specialty retailer's stock valued at $266,000 after acquiring an additional 521 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Five Below by 100.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer's stock valued at $1,083,000 after acquiring an additional 7,258 shares in the last quarter.

Analysts Set New Price Targets

A number of brokerages have commented on FIVE. The Goldman Sachs Group lifted their target price on shares of Five Below from $122.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Telsey Advisory Group boosted their price target on shares of Five Below from $90.00 to $128.00 and gave the company a "market perform" rating in a research note on Wednesday, June 4th. Wells Fargo & Company boosted their price target on shares of Five Below from $115.00 to $140.00 and gave the company an "overweight" rating in a research note on Thursday, June 5th. DA Davidson reduced their price target on shares of Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Finally, JPMorgan Chase & Co. boosted their price target on shares of Five Below from $105.00 to $154.00 and gave the company a "neutral" rating in a research note on Monday. One analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $119.00.

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.