George Hill Sells 4,500 Shares of Five Below, Inc. (NASDAQ:FIVE) Stock

Five Below, Inc. (NASDAQ:FIVE - Get Free Report) insider George Hill sold 4,500 shares of Five Below stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $132.93, for a total value of $598,185.00. Following the sale, the insider now owns 44,130 shares of the company's stock, valued at approximately $5,866,200.90. This trade represents a 9.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Five Below Stock Up 0.8%

Shares of FIVE traded up $0.95 during mid-day trading on Thursday, hitting $125.98. 936,555 shares of the company traded hands, compared to its average volume of 2,074,353. The business has a 50 day moving average of $90.89 and a 200 day moving average of $91.67. The company has a market capitalization of $6.94 billion, a PE ratio of 25.98, a price-to-earnings-growth ratio of 1.19 and a beta of 1.02. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $137.30.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The firm had revenue of $970.53 million for the quarter, compared to the consensus estimate of $966.29 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm's revenue was up 19.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.60 EPS. As a group, research analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have issued reports on FIVE. Evercore ISI boosted their price objective on shares of Five Below from $98.00 to $115.00 and gave the company an "in-line" rating in a research report on Thursday, June 5th. Telsey Advisory Group boosted their price target on Five Below from $90.00 to $128.00 and gave the company a "market perform" rating in a report on Wednesday, June 4th. Barclays dropped their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 20th. Mizuho lifted their target price on Five Below from $88.00 to $100.00 and gave the company a "neutral" rating in a research report on Tuesday, June 3rd. Finally, Loop Capital upped their target price on Five Below from $90.00 to $130.00 and gave the stock a "hold" rating in a report on Friday, June 6th. One 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, the stock has an average rating of "Hold" and an average price target of $112.40.

Institutional Investors Weigh In On Five Below

A number of large investors have recently bought and sold shares of FIVE. Raymond James Financial Inc. acquired a new stake in Five Below during the 4th quarter valued at approximately $8,489,000. Schonfeld Strategic Advisors LLC raised its holdings in shares of Five Below by 7,542.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock worth $30,160,000 after purchasing an additional 283,591 shares during the last quarter. Prudential Financial Inc. raised its holdings in shares of Five Below by 236.1% during the fourth quarter. Prudential Financial Inc. now owns 11,438 shares of the specialty retailer's stock worth $1,201,000 after purchasing an additional 8,035 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Five Below during the fourth quarter valued at $31,000. Finally, HighTower Advisors LLC boosted its holdings in Five Below by 27.5% in the fourth quarter. HighTower Advisors LLC now owns 6,970 shares of the specialty retailer's stock valued at $732,000 after purchasing an additional 1,504 shares during the last quarter.

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.