Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Quantbot Technologies LP

Quantbot Technologies LP lowered its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 28.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 11,985 shares of the specialty retailer’s stock after selling 4,787 shares during the period. Quantbot Technologies LP’s holdings in Five Below were worth $1,258,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of FIVE. Gradient Investments LLC lifted its position in shares of Five Below by 0.7% in the fourth quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock valued at $1,666,000 after acquiring an additional 111 shares in the last quarter. Cornerstone Investment Partners LLC raised its stake in Five Below by 3.5% in the 4th quarter. Cornerstone Investment Partners LLC now owns 4,732 shares of the specialty retailer’s stock valued at $497,000 after purchasing an additional 162 shares during the last quarter. UMB Bank n.a. lifted 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 purchasing an additional 204 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of Five Below during the 3rd quarter worth about $30,000. Finally, Amalgamated Bank grew its holdings in shares of Five Below by 1.5% during the fourth quarter. Amalgamated Bank now owns 26,808 shares of the specialty retailer’s stock worth $2,814,000 after buying an additional 388 shares in the last quarter.

Insider Activity

In related news, EVP Ronald James Masciantonio sold 584 shares of the business’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the transaction, the executive vice president now 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 legal filing with the SEC, which can be accessed through this link. Also, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.

Five Below Price Performance

NASDAQ:FIVE opened at $77.01 on Wednesday. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $185.48. The business’s 50-day moving average is $87.00 and its two-hundred day moving average is $92.77. The firm has a market capitalization of $4.24 billion, a PE ratio of 15.88, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last announced 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 return on equity of 18.03% and a net margin of 7.02%. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same period last year, the business posted $3.65 EPS. The company’s revenue was up 4.0% on a year-over-year basis. Equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on FIVE. Bank of America decreased their target price on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating on the stock in a research report on Thursday, March 20th. Barclays lowered their price objective on Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a research report on Thursday, March 20th. Craig Hallum increased their target price on Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Mizuho lowered their price target on Five Below from $105.00 to $88.00 and set a “neutral” rating for the company in a report on Thursday, March 20th. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a report on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the stock. According to MarketBeat.com, Five Below presently has a consensus rating of “Hold” and an average target price of $102.16.

About Five Below

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.