Five Below, Inc. (NASDAQ:FIVE) Shares Acquired by Bridgefront Capital LLC

Bridgefront Capital LLC boosted its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 142.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,129 shares of the specialty retailer's stock after purchasing an additional 5,366 shares during the period. Bridgefront Capital LLC's holdings in Five Below were worth $958,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Marshall Wace LLP increased its stake in shares of Five Below by 86.0% during the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock worth $243,529,000 after purchasing an additional 1,072,642 shares during the last quarter. Norges Bank bought a new position in shares of Five Below during the 4th quarter worth about $66,933,000. Alliancebernstein L.P. boosted its holdings in Five Below by 487.0% during the fourth quarter. Alliancebernstein L.P. now owns 566,695 shares of the specialty retailer's stock valued at $59,480,000 after purchasing an additional 470,150 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Five Below in the fourth quarter valued at $44,727,000. Finally, Candlestick Capital Management LP acquired a new stake in shares of Five Below during the 4th quarter worth about $33,163,000.

Insider Buying and Selling at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the firm's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the sale, the executive vice president now owns 12,658 shares in the company, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 1.90% of the company's stock.

Analyst Ratings Changes

Several analysts have recently commented on FIVE shares. Evercore ISI decreased their price target on shares of Five Below from $93.00 to $90.00 and set an "in-line" rating on the stock in a research note on Tuesday, April 1st. Mizuho decreased their price objective on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. JPMorgan Chase & Co. lifted their price objective on Five Below from $57.00 to $80.00 and gave the company a "neutral" rating in a report on Friday, May 2nd. Guggenheim lowered their target price on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a report on Friday, March 21st. Finally, Bank of America lowered their price objective on shares of Five Below from $88.00 to $75.00 and set an "underperform" rating on the stock in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $97.25.

Five Below Price Performance

Five Below stock traded up $1.17 during mid-day trading on Wednesday, reaching $82.20. The stock had a trading volume of 1,812,248 shares, compared to its average volume of 2,027,613. The company has a market capitalization of $4.53 billion, a price-to-earnings ratio of 16.95, a PEG ratio of 1.19 and a beta of 0.87. Five Below, Inc. has a one year low of $52.38 and a one year high of $145.95. The company has a 50-day moving average price of $72.95 and a two-hundred day moving average price of $87.62.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $1.39 billion during the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm earned $3.65 EPS. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal 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.