Five Below, Inc. (NASDAQ:FIVE) Shares Purchased by Yarbrough Capital LLC

Yarbrough Capital LLC boosted its holdings in Five Below, Inc. (NASDAQ:FIVE) by 80.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,063 shares of the specialty retailer’s stock after buying an additional 1,813 shares during the quarter. Yarbrough Capital LLC’s holdings in Five Below were worth $799,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Raymond James Financial Services Advisors Inc. boosted its stake in 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 purchasing an additional 119 shares during the period. Private Advisor Group LLC acquired a new position in Five Below in the 1st quarter worth approximately $209,000. Citigroup Inc. boosted its stake in 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 purchasing an additional 1,610 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its stake in 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 purchasing an additional 1,388 shares during the period. Finally, Great West Life Assurance Co. Can boosted its stake in 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 worth $4,936,000 after purchasing an additional 2,155 shares during the period.

Wall Street Analyst Weigh In

FIVE has been the subject of a number of research reports. Craig Hallum decreased their target price on shares of Five Below from $224.00 to $215.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. UBS Group decreased their target price on shares of Five Below from $240.00 to $230.00 and set a “buy” rating for the company in a research note on Thursday, August 31st. Loop Capital decreased their target price on shares of Five Below from $200.00 to $175.00 and set a “hold” rating for the company in a research note on Thursday, August 31st. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Thursday, August 31st. Finally, KeyCorp decreased their target price on shares of Five Below from $225.00 to $215.00 and set an “overweight” rating for the company in a research note on Thursday, August 31st. One research analyst has rated the stock with a sell rating, three have given a hold rating and eighteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Five Below has a consensus rating of “Moderate Buy” and an average price target of $216.86.

Insider Transactions at Five Below

In other Five Below news, CEO Joel D. Anderson bought 3,100 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were acquired at an average price of $161.50 per share, with a total value of $500,650.00. Following the completion of the purchase, the chief executive officer now directly owns 99,656 shares in the company, valued at approximately $16,094,444. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.80% of the company’s stock.

Five Below Trading Down 0.9 %

FIVE traded down $1.46 during trading on Tuesday, hitting $155.97. The stock had a trading volume of 197,726 shares, compared to its average volume of 742,039. The company has a 50 day simple moving average of $186.84 and a 200-day simple moving average of $192.92. Five Below, Inc. has a 12 month low of $128.30 and a 12 month high of $220.19. The firm has a market cap of $8.69 billion, a PE ratio of 32.33, a P/E/G ratio of 1.36 and a beta of 1.21.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, August 30th. The specialty retailer reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.01. Five Below had a net margin of 8.35% and a return on equity of 20.23%. The company had revenue of $759.00 million for the quarter, compared to the consensus estimate of $760.02 million. During the same quarter in the previous year, the firm posted $0.74 EPS. The business’s revenue was up 13.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Five Below, Inc. will post 5.46 earnings per share for the current fiscal year.

Five Below Company 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 glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.