International Assets Investment Management LLC Makes New Investment in Five Below, Inc. (NASDAQ:FIVE)

International Assets Investment Management LLC acquired a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,479 shares of the specialty retailer's stock, valued at approximately $3,726,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sunbelt Securities Inc. increased its stake in Five Below by 76.3% in the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer's stock valued at $26,000 after purchasing an additional 58 shares during the last quarter. Silvercrest Asset Management Group LLC increased its stake in Five Below by 0.6% in the first quarter. Silvercrest Asset Management Group LLC now owns 9,777 shares of the specialty retailer's stock valued at $2,014,000 after purchasing an additional 58 shares during the last quarter. Park Place Capital Corp increased its stake in Five Below by 11.5% in the third quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer's stock valued at $103,000 after purchasing an additional 66 shares during the last quarter. Kestra Advisory Services LLC increased its stake in Five Below by 2.2% in the third quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer's stock valued at $499,000 after purchasing an additional 67 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its stake in Five Below by 2.2% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 3,270 shares of the specialty retailer's stock valued at $526,000 after purchasing an additional 71 shares during the last quarter.

Five Below Stock Down 0.1 %

Shares of NASDAQ FIVE traded down $0.10 on Thursday, hitting $152.00. The company had a trading volume of 897,103 shares, compared to its average volume of 874,803. Five Below, Inc. has a 12-month low of $144.57 and a 12-month high of $216.18. The business has a 50 day moving average of $185.00 and a two-hundred day moving average of $185.66. The firm has a market capitalization of $8.40 billion, a P/E ratio of 28.04, a PEG ratio of 1.20 and a beta of 1.19.

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

Insider Activity at Five Below

In related news, Director Thomas Vellios sold 10,000 shares of the stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $185.82, for a total value of $1,858,200.00. Following the completion of the transaction, the director now owns 333,697 shares of the company's stock, valued at $62,007,576.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.80% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently commented on FIVE shares. Barclays dropped their target price on Five Below from $225.00 to $214.00 and set an "overweight" rating for the company in a research note on Friday, March 22nd. Craig Hallum dropped their price target on Five Below from $195.00 to $187.00 and set a "hold" rating for the company in a research note on Thursday, March 21st. Oppenheimer lowered Five Below from an "outperform" rating to a "market perform" rating and dropped their price target for the stock from $235.00 to $200.00 in a research note on Tuesday, January 30th. JPMorgan Chase & Co. dropped their price target on Five Below from $222.00 to $215.00 and set an "overweight" rating for the company in a research note on Thursday, March 21st. Finally, Mizuho assumed coverage on Five Below in a research note on Tuesday, March 19th. They set a "buy" rating and a $225.00 price target for the company. One analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have assigned a buy rating to the company's stock. According to data from MarketBeat, Five Below has an average rating of "Moderate Buy" and a consensus price target of $212.83.

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.