Five Below Inc (NASDAQ:FIVE) Shares Bought by Executive Wealth Management LLC

Executive Wealth Management LLC raised its holdings in shares of Five Below Inc (NASDAQ:FIVE) by 85.7% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 11,044 shares of the specialty retailer’s stock after acquiring an additional 5,097 shares during the quarter. Executive Wealth Management LLC’s holdings in Five Below were worth $1,372,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in FIVE. Navellier & Associates Inc raised its stake in Five Below by 1.9% during the 4th quarter. Navellier & Associates Inc now owns 4,865 shares of the specialty retailer’s stock valued at $498,000 after acquiring an additional 93 shares during the last quarter. Louisiana State Employees Retirement System raised its stake in Five Below by 0.7% during the 1st quarter. Louisiana State Employees Retirement System now owns 14,900 shares of the specialty retailer’s stock valued at $1,851,000 after acquiring an additional 100 shares during the last quarter. Wedbush Securities Inc. raised its stake in shares of Five Below by 6.6% during the 4th quarter. Wedbush Securities Inc. now owns 2,086 shares of the specialty retailer’s stock worth $213,000 after buying an additional 130 shares in the last quarter. Insight Wealth Strategies LLC raised its stake in shares of Five Below by 4.3% during the 1st quarter. Insight Wealth Strategies LLC now owns 3,244 shares of the specialty retailer’s stock worth $403,000 after buying an additional 133 shares in the last quarter. Finally, Captrust Financial Advisors raised its stake in shares of Five Below by 5.9% during the 4th quarter. Captrust Financial Advisors now owns 2,442 shares of the specialty retailer’s stock worth $250,000 after buying an additional 135 shares in the last quarter. 95.85% of the stock is owned by institutional investors and hedge funds.

A number of equities analysts have recently issued reports on the company. Barclays downgraded Five Below from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $128.00 to $140.00 in a research note on Monday, May 6th. They noted that the move was a valuation call. BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, April 25th. Morgan Stanley upped their price target on Five Below from $128.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, April 24th. ValuEngine upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Friday, April 19th. Finally, Bank of America started coverage on Five Below in a report on Monday, April 15th. They set a “buy” rating and a $150.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, fifteen have given a buy rating and two have given a strong buy rating to the company’s stock. Five Below presently has a consensus rating of “Buy” and an average target price of $131.47.

In other Five Below news, Director Kathleen S. Barclay sold 2,500 shares of Five Below stock in a transaction that occurred on Thursday, April 18th. The stock was sold at an average price of $140.86, for a total value of $352,150.00. Following the completion of the transaction, the director now directly owns 13,135 shares in the company, valued at $1,850,196.10. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Michael Romanko sold 7,881 shares of Five Below stock in a transaction that occurred on Friday, April 12th. The shares were sold at an average price of $134.00, for a total value of $1,056,054.00. Following the sale, the executive vice president now directly owns 27,907 shares in the company, valued at approximately $3,739,538. The disclosure for this sale can be found here. Insiders sold 55,381 shares of company stock valued at $7,344,004 over the last quarter. Insiders own 2.50% of the company’s stock.

Shares of NASDAQ FIVE traded down $5.66 during midday trading on Wednesday, reaching $125.80. 904,340 shares of the company’s stock were exchanged, compared to its average volume of 1,014,070. Five Below Inc has a 52-week low of $69.96 and a 52-week high of $148.21. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of 48.95, a PEG ratio of 1.48 and a beta of 0.67.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 27th. The specialty retailer reported $1.58 EPS for the quarter, topping the Zacks’ consensus estimate of $1.57 by $0.01. The business had revenue of $602.68 million during the quarter, compared to the consensus estimate of $601.53 million. Five Below had a return on equity of 27.10% and a net margin of 9.60%. The company’s revenue for the quarter was up 19.4% compared to the same quarter last year. During the same period last year, the firm earned $1.21 earnings per share. On average, research analysts expect that Five Below Inc will post 3.06 EPS for the current fiscal year.

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Five Below Profile

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

Further Reading: 52-Week High/Low

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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