Cambridge Investment Research Advisors Inc. Buys 1,280 Shares of Five Below, Inc. (NASDAQ:FIVE)

Cambridge Investment Research Advisors Inc. lifted its holdings in Five Below, Inc. (NASDAQ:FIVE – Get Rating) by 46.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,030 shares of the specialty retailer’s stock after acquiring an additional 1,280 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Five Below were worth $713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in FIVE. Raymond James Financial Services Advisors Inc. raised its position in shares of Five Below by 2.7% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 4,482 shares of the specialty retailer’s stock worth $710,000 after acquiring an additional 119 shares in the last quarter. Private Advisor Group LLC bought a new position in shares of Five Below in the 1st quarter worth about $209,000. Citigroup Inc. raised its position in shares of Five Below by 10.7% in the 1st quarter. Citigroup Inc. now owns 16,722 shares of the specialty retailer’s stock worth $2,649,000 after acquiring an additional 1,610 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its position in shares of Five Below by 793.1% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,563 shares of the specialty retailer’s stock worth $248,000 after acquiring an additional 1,388 shares in the last quarter. Finally, Great West Life Assurance Co. Can grew its stake in shares of Five Below by 7.6% in the 1st quarter. Great West Life Assurance Co. Can now owns 30,353 shares of the specialty retailer’s stock valued at $4,936,000 after buying an additional 2,155 shares during the period.

Wall Street Analyst Weigh In

FIVE has been the subject of several research reports. Guggenheim raised their target price on Five Below from $210.00 to $220.00 in a research note on Thursday, March 16th. TheStreet upgraded Five Below from a “c+” rating to a “b” rating in a research note on Wednesday, March 15th. Telsey Advisory Group restated an “outperform” rating and issued a $230.00 target price on shares of Five Below in a research note on Tuesday, March 14th. Loop Capital raised their target price on Five Below from $190.00 to $200.00 and gave the company a “hold” rating in a research note on Friday, March 24th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on Five Below from $234.00 to $238.00 in a research note on Thursday, March 16th. Four equities research analysts have rated the stock with a hold rating and twenty-one have given a buy rating to the company’s stock. Based on data from MarketBeat, Five Below currently has an average rating of “Moderate Buy” and a consensus price target of $210.43.

Five Below Trading Down 2.2 %

Five Below stock opened at $186.00 on Tuesday. Five Below, Inc. has a 12 month low of $109.49 and a 12 month high of $220.19. The business’s 50 day simple moving average is $200.44 and its 200 day simple moving average is $189.19. The company has a market cap of $10.35 billion, a price-to-earnings ratio of 39.66, a PEG ratio of 1.52 and a beta of 1.16.

Five Below (NASDAQ:FIVE – Get Rating) last issued its quarterly earnings results on Wednesday, March 15th. The specialty retailer reported $3.07 EPS for the quarter, meeting analysts’ consensus estimates of $3.07. Five Below had a return on equity of 21.69% and a net margin of 8.50%. The firm had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same quarter in the prior year, the firm earned $2.49 EPS. The business’s revenue for the quarter was up 12.7% compared to the same quarter last year. As a group, equities research analysts forecast that Five Below, Inc. will post 5.6 earnings per share for the current fiscal year.

Insider Activity

In other news, insider George Hill sold 2,568 shares of the company’s stock in a transaction on Tuesday, March 21st. The stock was sold at an average price of $200.34, for a total transaction of $514,473.12. Following the transaction, the insider now owns 24,398 shares of the company’s stock, valued at approximately $4,887,895.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. In related news, CEO Joel D. Anderson sold 13,653 shares of the stock in a transaction dated Tuesday, April 11th. The stock was sold at an average price of $218.97, for a total transaction of $2,989,597.41. Following the sale, the chief executive officer now owns 90,855 shares of the company’s stock, valued at approximately $19,894,519.35. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider George Hill sold 2,568 shares of the stock in a transaction dated Tuesday, March 21st. The stock was sold at an average price of $200.34, for a total value of $514,473.12. Following the sale, the insider now directly owns 24,398 shares in the company, valued at approximately $4,887,895.32. The disclosure for this sale can be found here. Insiders have sold 32,538 shares of company stock valued at $6,879,774 in the last 90 days. Insiders own 1.80% of the company’s stock.

Five Below Company Profile

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Five Below, Inc operates as a specialty value retailer. It operates through the following segments: Leisure, Fashion and Home, and Party and Snack. The Leisure segment includes items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Fashion and Home segment consists of personal accessories, “attitude“ t-shirts, beauty offerings, home goods, and storage options.