Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Capital Research Global Investors

Capital Research Global Investors decreased its holdings in Five Below, Inc. (NASDAQ:FIVE) by 15.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 505,303 shares of the specialty retailer’s stock after selling 92,015 shares during the quarter. Capital Research Global Investors owned 0.92% of Five Below worth $53,037,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. First Trust Advisors LP raised its position in shares of Five Below by 154.2% during the 4th quarter. First Trust Advisors LP now owns 186,822 shares of the specialty retailer’s stock worth $19,609,000 after purchasing an additional 113,329 shares during the last quarter. Alpha DNA Investment Management LLC acquired a new stake in shares of Five Below in the fourth quarter worth approximately $507,000. Canada Pension Plan Investment Board increased its position in shares of Five Below by 226.5% during the fourth quarter. Canada Pension Plan Investment Board now owns 139,100 shares of the specialty retailer’s stock worth $14,600,000 after purchasing an additional 96,500 shares in the last quarter. Farringdon Capital Ltd. acquired a new position in Five Below in the 4th quarter valued at $278,000. Finally, Marshall Wace LLP boosted its stake in Five Below by 86.0% during the 4th quarter. Marshall Wace LLP now owns 2,320,212 shares of the specialty retailer’s stock worth $243,529,000 after purchasing an additional 1,072,642 shares during the last quarter.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Guggenheim decreased their price target on shares of Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a research note on Friday, March 21st. The Goldman Sachs Group lowered their target price on Five Below from $117.00 to $102.00 and set a “buy” rating on the stock in a report on Friday, March 21st. JPMorgan Chase & Co. upgraded Five Below from an “underweight” rating to a “neutral” rating and set a $57.00 price objective on the stock in a research report on Monday, April 7th. StockNews.com upgraded Five Below from a “sell” rating to a “hold” rating in a report on Monday, March 24th. Finally, Barclays reduced their price target on Five Below from $100.00 to $93.00 and set an “equal weight” rating on the stock in a report on Thursday, March 20th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $94.30.

Insider Activity at Five Below

In related 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 completion of the transaction, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. The trade was a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is currently owned by company insiders.

Five Below Price Performance

NASDAQ FIVE opened at $68.07 on Tuesday. The company has a market cap of $3.75 billion, a P/E ratio of 14.04, a P/E/G ratio of 1.19 and a beta of 1.01. The stock has a 50-day moving average of $75.71 and a two-hundred day moving average of $88.83. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $151.95.

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

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.