Five Below, Inc. (NASDAQ:FIVE) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 93.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,430 shares of the specialty retailer's stock after selling 19,059 shares during the period. SG Americas Securities LLC's holdings in Five Below were worth $305,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Price T Rowe Associates Inc. MD increased its stake in shares of Five Below by 2,513.9% in the first quarter. Price T Rowe Associates Inc. MD now owns 3,892,692 shares of the specialty retailer's stock worth $801,779,000 after purchasing an additional 3,743,768 shares in the last quarter. 1832 Asset Management L.P. purchased a new stake in Five Below in the 4th quarter worth $99,794,000. William Blair Investment Management LLC raised its holdings in Five Below by 89.1% during the third quarter. William Blair Investment Management LLC now owns 1,035,592 shares of the specialty retailer's stock valued at $166,627,000 after acquiring an additional 487,948 shares during the period. Wasatch Advisors Inc. lifted its position in shares of Five Below by 21.4% in the first quarter. Wasatch Advisors Inc. now owns 2,676,533 shares of the specialty retailer's stock valued at $423,883,000 after acquiring an additional 471,349 shares in the last quarter. Finally, Montrusco Bolton Investments Inc. lifted its position in shares of Five Below by 34.6% in the third quarter. Montrusco Bolton Investments Inc. now owns 1,539,132 shares of the specialty retailer's stock valued at $242,681,000 after acquiring an additional 395,275 shares in the last quarter.

Insider Activity

In related news, Director Thomas Vellios sold 10,000 shares of the firm's stock in a transaction that occurred on Friday, January 19th. The stock was sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the completion of the sale, the director now directly owns 333,697 shares of the company's stock, valued at approximately $62,007,576.54. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 1.80% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on FIVE. Evercore ISI decreased their target price on Five Below from $240.00 to $230.00 and set an "outperform" rating on the stock in a research note on Thursday, March 21st. Morgan Stanley reduced their price objective on shares of Five Below from $225.00 to $210.00 and set an "overweight" rating on the stock in a research report on Thursday, March 21st. Mizuho initiated coverage on shares of Five Below in a research report on Tuesday, March 19th. They set a "buy" rating and a $225.00 target price for the company. Barclays cut their target price on shares of Five Below from $225.00 to $214.00 and set an "overweight" rating for the company in a research note on Friday, March 22nd. Finally, JPMorgan Chase & Co. decreased their price target on shares of Five Below from $222.00 to $215.00 and set an "overweight" rating on the stock in a research note on Thursday, March 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. According to MarketBeat, Five Below has a consensus rating of "Moderate Buy" and an average price target of $213.11.

Five Below Trading Up 0.4 %

NASDAQ:FIVE traded up $0.65 during midday trading on Wednesday, hitting $160.23. 1,379,363 shares of the company traded hands, compared to its average volume of 845,711. The firm has a market capitalization of $8.85 billion, a P/E ratio of 29.44, a P/E/G ratio of 1.28 and a beta of 1.19. The firm's fifty day moving average is $188.70 and its 200-day moving average is $186.00. Five Below, Inc. has a 12-month low of $144.57 and a 12-month high of $220.19.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.78 by ($0.13). Five Below had a net margin of 8.46% and a return on equity of 20.80%. The firm had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.35 billion. During the same period in the prior year, the company posted $3.07 EPS. The company's revenue was up 19.1% compared to the same quarter last year. On average, research analysts expect that Five Below, Inc. will post 6.06 EPS for the current fiscal 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.