Susquehanna Fundamental Investments LLC Acquires Shares of 104,636 Five Below, Inc. (NASDAQ:FIVE)

Susquehanna Fundamental Investments LLC bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 104,636 shares of the specialty retailer's stock, valued at approximately $10,983,000. Susquehanna Fundamental Investments LLC owned 0.19% of Five Below as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in FIVE. Raymond James Financial Inc. purchased a new position in shares of Five Below during the 4th quarter valued at $8,489,000. Retirement Systems of Alabama grew its holdings in shares of Five Below by 47.2% during the 3rd quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer's stock valued at $13,371,000 after acquiring an additional 48,524 shares in the last quarter. Gateway Investment Advisers LLC grew its holdings in shares of Five Below by 691.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 25,297 shares of the specialty retailer's stock valued at $2,655,000 after acquiring an additional 22,102 shares in the last quarter. Prudential Financial Inc. grew its holdings in shares of Five Below by 236.1% during the 4th quarter. Prudential Financial Inc. now owns 11,438 shares of the specialty retailer's stock valued at $1,201,000 after acquiring an additional 8,035 shares in the last quarter. Finally, KBC Group NV grew its holdings in shares of Five Below by 30.4% during the 4th quarter. KBC Group NV now owns 2,126 shares of the specialty retailer's stock valued at $223,000 after acquiring an additional 496 shares in the last quarter.

Analysts Set New Price Targets

FIVE has been the subject of a number of recent research reports. UBS Group decreased their price objective on shares of Five Below from $150.00 to $110.00 and set a "buy" rating for the company in a report on Thursday, March 20th. Truist Financial decreased their price objective on shares of Five Below from $86.00 to $65.00 and set a "hold" rating for the company in a report on Tuesday, April 8th. JPMorgan Chase & Co. upgraded shares of Five Below from an "underweight" rating to a "neutral" rating and set a $57.00 price target for the company in a report on Monday, April 7th. Morgan Stanley restated an "equal weight" rating on shares of Five Below in a report on Thursday, March 20th. Finally, StockNews.com upgraded shares of Five Below from a "sell" rating to a "hold" rating in a report on Monday, March 24th. 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. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $94.30.

Insiders Place Their Bets

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 sale, the executive vice president now directly owns 12,658 shares in the company, valued at $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 is available at the SEC website. Corporate insiders own 1.90% of the company's stock.

Five Below Stock Performance

Five Below stock traded down $1.78 on Wednesday, reaching $75.89. The company's stock had a trading volume of 1,749,072 shares, compared to its average volume of 1,993,908. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 15.65, a PEG ratio of 1.19 and a beta of 1.01. The business's fifty day moving average price is $73.85 and its 200 day moving average price is $88.14. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $147.64.

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

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.