Five Below, Inc. (NASDAQ:FIVE) Short Interest Update

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 5,970,000 shares, a growth of 21.1% from the March 31st total of 4,930,000 shares. Based on an average trading volume of 2,340,000 shares, the days-to-cover ratio is presently 2.6 days. Approximately 11.1% of the shares of the stock are sold short.

Insider Transactions at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the transaction, the executive vice president now directly 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 1.90% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in Five Below during the third quarter valued at about $42,000. Retirement Systems of Alabama boosted its holdings in Five Below by 47.2% in the 3rd quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer's stock worth $13,371,000 after buying an additional 48,524 shares during the period. GAMMA Investing LLC raised its holdings in Five Below by 149.1% during the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer's stock valued at $143,000 after acquiring an additional 814 shares during the period. Everence Capital Management Inc. purchased a new stake in shares of Five Below during the fourth quarter worth $249,000. Finally, Oak Thistle LLC boosted its holdings in shares of Five Below by 3.0% in the fourth quarter. Oak Thistle LLC now owns 15,910 shares of the specialty retailer's stock worth $1,670,000 after acquiring an additional 470 shares during the period.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on FIVE. Guggenheim dropped their price target on shares of Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. Telsey Advisory Group lifted their target price on Five Below from $85.00 to $90.00 and gave the stock a "market perform" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. lifted their price objective on Five Below from $57.00 to $80.00 and gave the stock a "neutral" rating in a research note on Friday, May 2nd. StockNews.com raised shares of Five Below from a "sell" rating to a "hold" rating in a research report on Monday, March 24th. Finally, Mizuho dropped their price target on shares of Five Below from $105.00 to $88.00 and set a "neutral" rating on the stock in a research report on Thursday, March 20th. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, Five Below presently has a consensus rating of "Hold" and an average target price of $97.25.

Five Below Trading Up 4.6 %

Shares of FIVE stock traded up $3.77 during trading on Thursday, hitting $85.97. The company's stock had a trading volume of 2,054,341 shares, compared to its average volume of 2,033,357. The business has a fifty day moving average of $72.99 and a 200-day moving average of $87.58. The company has a market cap of $4.73 billion, a PE ratio of 17.73, a P/E/G ratio of 1.19 and a beta of 0.87. Five Below has a 52 week low of $52.38 and a 52 week high of $145.00.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping analysts' consensus estimates of $3.38 by $0.10. The company had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm's quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm earned $3.65 EPS. As a group, research analysts predict that Five Below will post 4.93 EPS for the current year.

Five Below Company 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.