R Squared Ltd Makes New $68,000 Investment in Five Below, Inc. (NASDAQ:FIVE)

R Squared Ltd purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the 4th quarter, Holdings Channel reports. The fund purchased 650 shares of the specialty retailer’s stock, valued at approximately $68,000.

A number of other large investors have also recently modified their holdings of FIVE. KBC Group NV increased its holdings in Five Below by 30.4% during the 4th quarter. KBC Group NV now owns 2,126 shares of the specialty retailer’s stock worth $223,000 after purchasing an additional 496 shares during the period. Gradient Investments LLC boosted its stake in shares of Five Below by 0.7% during the fourth quarter. Gradient Investments LLC now owns 15,875 shares of the specialty retailer’s stock valued at $1,666,000 after purchasing an additional 111 shares in the last quarter. Capricorn Fund Managers Ltd purchased a new position in Five Below during the fourth quarter valued at approximately $3,407,000. UMB Bank n.a. raised its stake in Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares in the last quarter. Finally, HB Wealth Management LLC purchased a new stake in Five Below during the fourth quarter worth $241,000.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. The Goldman Sachs Group lifted their price target on Five Below from $106.00 to $122.00 and gave the company a “buy” rating in a report on Friday, December 6th. Telsey Advisory Group reiterated a “market perform” rating and issued a $115.00 target price on shares of Five Below in a report on Tuesday, January 14th. JPMorgan Chase & Co. decreased their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. Gordon Haskett raised shares of Five Below from a “hold” rating to a “buy” rating and set a $120.00 price objective on the stock in a research report on Thursday, November 7th. Finally, Truist Financial increased their target price on shares of Five Below from $88.00 to $118.00 and gave the company a “hold” rating in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $111.32.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the 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 sale, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 1.90% of the company’s stock.

Five Below Price Performance

FIVE stock opened at $93.78 on Friday. The firm’s fifty day simple moving average is $100.81 and its 200-day simple moving average is $90.07. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $212.01. The company has a market capitalization of $5.16 billion, a P/E ratio of 19.34, a price-to-earnings-growth ratio of 1.30 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to the consensus estimate of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The firm’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period last year, the firm earned $0.26 EPS. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current 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.