9,132 Shares in Five Below, Inc. (NASDAQ:FIVE) Bought by Headlands Technologies LLC

Headlands Technologies LLC bought a new stake in Five Below, Inc. (NASDAQ:FIVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,132 shares of the specialty retailer’s stock, valued at approximately $958,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Proficio Capital Partners LLC acquired a new stake in shares of Five Below during the 4th quarter worth about $31,000. UMB Bank n.a. raised its holdings in Five Below by 156.9% during the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Five Below during the 3rd quarter worth approximately $42,000. EverSource Wealth Advisors LLC boosted its holdings in shares of Five Below by 2,936.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock valued at $61,000 after buying an additional 558 shares in the last quarter. Finally, R Squared Ltd purchased a new position in shares of Five Below in the 4th quarter valued at $68,000.

Insider Activity

In other news, EVP Ronald James Masciantonio sold 584 shares of the stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total transaction of $45,575.36. Following the transaction, the executive vice president now directly owns 12,658 shares in the company, valued at $987,830.32. This represents a 4.41 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Eric M. Specter sold 5,494 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. The trade was a 8.75 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

FIVE has been the subject of several research reports. Wells Fargo & Company boosted their target price on Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, December 5th. Barclays decreased their price objective on Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a report on Thursday, March 20th. Craig Hallum raised their target price on shares of Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Bank of America decreased their price target on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a research note on Thursday, March 20th. Finally, Truist Financial dropped their price objective on shares of Five Below from $93.00 to $86.00 and set a “hold” rating on the stock in a research note on Thursday, March 20th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $101.42.

Five Below Trading Up 6.6 %

NASDAQ:FIVE opened at $81.49 on Thursday. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $170.34. The company has a market capitalization of $4.49 billion, a P/E ratio of 16.80, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. The firm has a 50-day moving average price of $85.12 and a two-hundred day moving average price of $92.24.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.65 earnings per share. On average, equities research analysts predict 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.