Five Below, Inc. (NASDAQ:FIVE) Shares Purchased by Gradient Investments LLC

Gradient Investments LLC increased its position in shares of Five Below, Inc. (NASDAQ:FIVE – Get Rating) by 127,793.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,463 shares of the specialty retailer’s stock after acquiring an additional 20,447 shares during the period. Gradient Investments LLC’s holdings in Five Below were worth $3,619,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Nelson Van Denburg & Campbell Wealth Management Group LLC increased its stake in Five Below by 1.9% in the 3rd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 3,668 shares of the specialty retailer’s stock worth $504,000 after purchasing an additional 69 shares in the last quarter. CENTRAL TRUST Co boosted its position in Five Below by 29.6% during the 3rd quarter. CENTRAL TRUST Co now owns 350 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 80 shares during the period. United Capital Financial Advisers LLC boosted its position in Five Below by 3.1% during the 2nd quarter. United Capital Financial Advisers LLC now owns 3,006 shares of the specialty retailer’s stock worth $341,000 after acquiring an additional 90 shares during the period. Canada Pension Plan Investment Board boosted its position in Five Below by 93.0% during the 1st quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 93 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Five Below by 3.7% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 2,750 shares of the specialty retailer’s stock worth $379,000 after acquiring an additional 99 shares during the period.

Five Below Price Performance

Shares of Five Below stock opened at $193.40 on Friday. Five Below, Inc. has a fifty-two week low of $109.49 and a fifty-two week high of $212.56. The firm has a fifty day moving average price of $197.80 and a two-hundred day moving average price of $168.10. The company has a market cap of $10.74 billion, a PE ratio of 41.24, a price-to-earnings-growth ratio of 1.85 and a beta of 1.15.

Five Below (NASDAQ:FIVE – Get Rating) last released its quarterly earnings data on Wednesday, March 15th. The specialty retailer reported $3.07 EPS for the quarter, hitting analysts’ consensus estimates of $3.07. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.11 billion. Five Below had a net margin of 7.81% and a return on equity of 20.11%. The firm’s revenue for the quarter was up 12.7% compared to the same quarter last year. During the same period last year, the firm earned $2.49 EPS. Analysts expect that Five Below, Inc. will post 5.62 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Oppenheimer restated an “outperform” rating on shares of Five Below in a research report on Friday. William Blair began coverage on Five Below in a research note on Wednesday, December 7th. They issued an “outperform” rating for the company. UBS Group raised their price objective on shares of Five Below from $165.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, December 1st. Evercore ISI boosted their target price on shares of Five Below from $155.00 to $170.00 in a research report on Thursday, December 1st. Finally, Morgan Stanley increased their price target on shares of Five Below from $200.00 to $210.00 and gave the stock an “overweight” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-one have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $207.50.

Insider Activity at Five Below

In related news, CMO Michael Romanko sold 3,750 shares of Five Below stock in a transaction dated Wednesday, January 11th. The shares were sold at an average price of $191.50, for a total transaction of $718,125.00. Following the completion of the transaction, the chief marketing officer now directly owns 8,901 shares of the company’s stock, valued at approximately $1,704,541.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Five Below Company Profile

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Five Below, Inc operates as a specialty value retailer. It operates through the following segments: Leisure, Fashion and Home, and Party and Snack. The Leisure segment includes items such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Fashion and Home segment consists of personal accessories, “attitude“ t-shirts, beauty offerings, home goods, and storage options.