Trexquant Investment LP Makes New $16.12 Million Investment in Five Below, Inc. (NASDAQ:FIVE)

Trexquant Investment LP bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 153,597 shares of the specialty retailer’s stock, valued at approximately $16,122,000. Trexquant Investment LP owned approximately 0.28% of Five Below as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Two Sigma Advisers LP acquired a new stake in Five Below in the 3rd quarter worth about $64,981,000. Norges Bank bought a new stake in shares of Five Below in the fourth quarter valued at approximately $66,933,000. Alliancebernstein L.P. grew its position in Five Below by 487.0% during the fourth quarter. Alliancebernstein L.P. now owns 566,695 shares of the specialty retailer’s stock worth $59,480,000 after buying an additional 470,150 shares in the last quarter. Holocene Advisors LP bought a new position in Five Below during the 3rd quarter worth $38,829,000. Finally, Wellington Management Group LLP raised its holdings in Five Below by 1,042.4% in the 3rd quarter. Wellington Management Group LLP now owns 391,004 shares of the specialty retailer’s stock valued at $34,545,000 after acquiring an additional 356,776 shares in the last quarter.

Insider Buying and Selling

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

Five Below Stock Performance

Shares of FIVE opened at $76.48 on Wednesday. The firm has a market cap of $4.21 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 52-week low of $64.87 and a 52-week high of $177.55. The business’s 50 day moving average price is $85.35 and its two-hundred day moving average price is $92.31.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same period in the prior year, the firm earned $3.65 earnings per share. Five Below’s revenue was up 4.0% on a year-over-year basis. Research analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently commented on FIVE shares. Loop Capital dropped their price target on Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research note on Tuesday, March 18th. Guggenheim cut their price target on shares of Five Below from $140.00 to $125.00 and set a “buy” rating for the company in a report on Friday, March 21st. Morgan Stanley restated an “equal weight” rating on shares of Five Below in a research report on Thursday, March 20th. Truist Financial decreased their price target on shares of Five Below from $93.00 to $86.00 and set a “hold” rating on the stock in a report on Thursday, March 20th. Finally, UBS Group dropped their price objective on shares of Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, Five Below presently has an average rating of “Hold” and a consensus price target of $101.42.

Five Below Company Profile

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.