Linden Thomas Advisory Services LLC Sells 687 Shares of Five Below, Inc. (NASDAQ:FIVE)

Linden Thomas Advisory Services LLC lessened its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 3.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 17,747 shares of the specialty retailer’s stock after selling 687 shares during the quarter. Linden Thomas Advisory Services LLC’s holdings in Five Below were worth $1,863,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in FIVE. American Century Companies Inc. boosted its position in Five Below by 6.1% during the 2nd quarter. American Century Companies Inc. now owns 23,041 shares of the specialty retailer’s stock valued at $2,511,000 after buying an additional 1,321 shares during the period. Dimensional Fund Advisors LP boosted its holdings in shares of Five Below by 39.0% during the second quarter. Dimensional Fund Advisors LP now owns 596,763 shares of the specialty retailer’s stock worth $65,034,000 after purchasing an additional 167,330 shares during the period. Renaissance Technologies LLC bought a new stake in shares of Five Below in the second quarter worth about $5,985,000. XTX Topco Ltd purchased a new position in Five Below during the 2nd quarter valued at $370,000. Finally, Bank of Montreal Can lifted its holdings in Five Below by 109.8% in the second quarter. Bank of Montreal Can now owns 21,589 shares of the specialty retailer’s stock worth $2,388,000 after buying an additional 11,297 shares during the period.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

Five Below Trading Up 4.0 %

Shares of FIVE stock opened at $95.75 on Friday. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $212.01. The firm’s 50 day moving average is $99.77 and its 200 day moving average is $90.30. The stock has a market capitalization of $5.27 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.27 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last released its quarterly earnings data on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The firm had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s quarterly revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.26 earnings per share. As a group, equities analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. StockNews.com lowered Five Below from a “hold” rating to a “sell” rating in a research report on Friday, December 13th. Barclays raised their price objective on Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Truist Financial upped their target price on shares of Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. Evercore ISI lifted their price target on shares of Five Below from $100.00 to $104.00 and gave the company an “in-line” rating in a research report on Tuesday, October 22nd. Finally, Bank of America cut shares of Five Below from a “neutral” rating to an “underperform” rating and cut their price objective for the stock from $98.00 to $75.00 in a report on Wednesday, November 6th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $115.75.

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.