Panoramic Capital LLC Purchases Shares of 53,436 Five Below, Inc. (NASDAQ:FIVE)

Panoramic Capital LLC purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 53,436 shares of the specialty retailer's stock, valued at approximately $5,609,000. Five Below makes up 3.0% of Panoramic Capital LLC's investment portfolio, making the stock its 6th biggest position. Panoramic Capital LLC owned 0.10% of Five Below as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in Five Below by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer's stock valued at $529,792,000 after acquiring an additional 43,537 shares during the last quarter. Wasatch Advisors LP lifted its position in Five Below by 3.7% during the fourth quarter. Wasatch Advisors LP now owns 2,420,083 shares of the specialty retailer's stock valued at $254,012,000 after buying an additional 86,271 shares during the period. Marshall Wace LLP increased its holdings in shares of Five Below by 86.0% during the fourth quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer's stock valued at $243,529,000 after acquiring an additional 1,072,642 shares in the last quarter. Giverny Capital Inc. increased its holdings in shares of Five Below by 0.9% during the fourth quarter. Giverny Capital Inc. now owns 732,110 shares of the specialty retailer's stock valued at $76,842,000 after acquiring an additional 6,861 shares in the last quarter. Finally, Pacifica Capital Investments LLC increased its holdings in Five Below by 13.3% in the 4th quarter. Pacifica Capital Investments LLC now owns 658,553 shares of the specialty retailer's stock worth $69,122,000 after buying an additional 77,483 shares in the last quarter.

Insider Transactions at Five Below

In other news, EVP Ronald James Masciantonio sold 584 shares of Five Below stock in a transaction that occurred on Monday, March 24th. The shares were sold at an average price of $78.04, for a total value 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 Securities & Exchange Commission, which is accessible through this link. Company insiders own 1.90% of the company's stock.

Five Below Price Performance

Shares of FIVE traded up $0.91 on Friday, hitting $106.52. The company's stock had a trading volume of 2,239,507 shares, compared to its average volume of 2,074,884. The company has a market capitalization of $5.86 billion, a PE ratio of 21.96, a PEG ratio of 1.19 and a beta of 0.87. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $141.70. The company has a 50 day moving average price of $75.34 and a 200 day moving average price of $88.07.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its 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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion during the quarter, compared to analysts' expectations of $1.38 billion. During the same quarter in the previous year, the company posted $3.65 EPS. The business's revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Guggenheim cut their price target on Five Below from $140.00 to $125.00 and set a "buy" rating for the company in a research note on Friday, March 21st. StockNews.com raised Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. JPMorgan Chase & Co. upped their price objective on Five Below from $57.00 to $80.00 and gave the company a "neutral" rating in a research report on Friday, May 2nd. Barclays cut their price objective on Five Below from $100.00 to $93.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. Finally, Morgan Stanley reissued an "equal weight" rating on shares of Five Below in a research report on Thursday, March 20th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $97.25.

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.