Giverny Capital Inc. Grows Stock Holdings in Five Below, Inc. (NASDAQ:FIVE)

Giverny Capital Inc. lifted its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 732,110 shares of the specialty retailer's stock after purchasing an additional 6,861 shares during the quarter. Five Below accounts for approximately 2.8% of Giverny Capital Inc.'s holdings, making the stock its 14th biggest position. Giverny Capital Inc. owned approximately 1.33% of Five Below worth $76,842,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in Five Below in the 4th quarter worth about $31,000. UMB Bank n.a. lifted its position in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer's stock valued at $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in Five Below in the third quarter worth approximately $42,000. EverSource Wealth Advisors LLC raised its stake in Five Below by 2,936.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer's stock valued at $61,000 after buying an additional 558 shares during the last quarter. Finally, R Squared Ltd bought a new position in shares of Five Below during the 4th quarter valued at $68,000.

Five Below Price Performance

FIVE stock traded up $4.69 during mid-day trading on Friday, reaching $67.41. The company had a trading volume of 2,600,462 shares, compared to its average volume of 1,940,156. The company has a market capitalization of $3.71 billion, a PE ratio of 13.90, a price-to-earnings-growth ratio of 1.19 and a beta of 1.01. The firm has a 50 day moving average of $76.53 and a 200 day moving average of $89.17. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $154.47.

Five Below (NASDAQ:FIVE - Get Free Report) last announced 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. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter last year, the firm posted $3.65 earnings per share. Analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on FIVE. DA Davidson dropped their target price on Five Below from $50.00 to $25.00 and set a "neutral" rating on the stock in a research report on Monday. 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 report on Tuesday, April 1st. Truist Financial reduced their price objective on Five Below from $86.00 to $65.00 and set a "hold" rating for the company in a research note on Tuesday, April 8th. Mizuho cut their price target on Five Below from $105.00 to $88.00 and set a "neutral" rating for the company in a report on Thursday, March 20th. Finally, StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. One research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $94.30.

Insider Activity at Five Below

In other news, EVP Ronald James Masciantonio sold 584 shares of Five Below 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 completion of the sale, 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 filing with the SEC, which is accessible through the SEC website. 1.90% of the stock is currently owned by insiders.

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.