Xponance Inc. Acquires 458 Shares of Five Below, Inc. (NASDAQ:FIVE)

Xponance Inc. boosted its holdings in Five Below, Inc. (NASDAQ:FIVE) by 4.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,198 shares of the specialty retailer’s stock after purchasing an additional 458 shares during the quarter. Xponance Inc.’s holdings in Five Below were worth $1,070,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Brooklyn Investment Group acquired a new stake in shares of Five Below during the 3rd quarter worth $30,000. Proficio Capital Partners LLC acquired a new stake in Five Below during the fourth quarter worth about $31,000. UMB Bank n.a. increased its holdings in Five Below by 156.9% in the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after buying an additional 204 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in shares of Five Below in the 3rd quarter valued at approximately $42,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Five Below by 2,936.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after acquiring an additional 558 shares during the period.

Five Below Stock Up 0.2 %

NASDAQ FIVE opened at $76.24 on Monday. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $185.48. The stock has a fifty day simple moving average of $87.76 and a 200 day simple moving average of $92.76.

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

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following the completion of the transaction, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on FIVE shares. Telsey Advisory Group decreased their price objective on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a research note on Tuesday, March 18th. William Blair reissued a “market perform” rating on shares of Five Below in a report on Monday, December 2nd. Wells Fargo & Company upped their price objective on Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, December 5th. The Goldman Sachs Group decreased their target price on Five Below from $117.00 to $102.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Craig Hallum increased their target price on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, Five Below presently has an average rating of “Hold” and an average target price of $102.16.

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.