10,422 Shares in Five Below, Inc. (NASDAQ:FIVE) Acquired by Savant Capital LLC

Savant Capital LLC acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,422 shares of the specialty retailer’s stock, valued at approximately $1,094,000.

Several other large investors have also recently added to or reduced their stakes in the stock. Atreides Management LP bought a new position in shares of Five Below during the third quarter worth about $68,649,000. Two Sigma Advisers LP acquired a new stake in shares of Five Below in the third quarter valued at approximately $64,981,000. Holocene Advisors LP bought a new stake in shares of Five Below during the third quarter valued at approximately $38,829,000. Wellington Management Group LLP boosted its position in shares of Five Below by 1,042.4% during the third quarter. Wellington Management Group LLP now owns 391,004 shares of the specialty retailer’s stock worth $34,545,000 after buying an additional 356,776 shares during the period. Finally, BNP Paribas Financial Markets grew its holdings in Five Below by 1,094.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 366,146 shares of the specialty retailer’s stock worth $32,349,000 after buying an additional 335,493 shares in the last quarter.

Analysts Set New Price Targets

A number of research analysts have issued reports on FIVE shares. KeyCorp lowered Five Below from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Guggenheim increased their target price on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a research report on Thursday, December 5th. JPMorgan Chase & Co. dropped their price target on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating on the stock in a research report on Thursday, January 16th. Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $98.00 to $75.00 in a report on Wednesday, November 6th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $115.00 target price on shares of Five Below in a report on Tuesday, January 14th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $111.32.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the business’s 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 transaction, the chief accounting officer now directly owns 57,267 shares in the company, valued at $5,197,552.92. The trade was a 8.75 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.90% of the stock is currently owned by insiders.

Five Below Stock Down 1.6 %

FIVE opened at $88.72 on Friday. The firm has a market capitalization of $4.88 billion, a P/E ratio of 18.29, a PEG ratio of 1.26 and a beta of 1.12. The stock has a fifty day moving average of $99.15 and a 200-day moving average of $91.02. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $212.01.

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