1,474 Shares in Five Below, Inc. (NASDAQ:FIVE) Acquired by Aigen Investment Management LP

Aigen Investment Management LP acquired a new stake in Five Below, Inc. (NASDAQ:FIVE – Get Rating) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,474 shares of the specialty retailer’s stock, valued at approximately $261,000.

A number of other institutional investors have also recently made changes to their positions in FIVE. 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 valued at $31,000 after buying an additional 93 shares during the period. CENTRAL TRUST Co grew its stake in shares of Five Below by 29.6% in the third quarter. CENTRAL TRUST Co now owns 350 shares of the specialty retailer’s stock worth $48,000 after purchasing an additional 80 shares during the last quarter. Harvest Fund Management Co. Ltd increased its holdings in Five Below by 3,530.0% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 363 shares of the specialty retailer’s stock valued at $64,000 after purchasing an additional 353 shares during the period. Bessemer Group Inc. raised its position in Five Below by 51.6% during the 3rd quarter. Bessemer Group Inc. now owns 476 shares of the specialty retailer’s stock valued at $65,000 after purchasing an additional 162 shares during the last quarter. Finally, Archer Investment Corp lifted its holdings in Five Below by 33.3% in the 4th quarter. Archer Investment Corp now owns 400 shares of the specialty retailer’s stock worth $71,000 after buying an additional 100 shares during the period.

Insider Buying and Selling

In other Five Below news, CEO Joel D. Anderson sold 13,653 shares of the firm’s stock in a transaction on Tuesday, April 11th. The shares were sold at an average price of $218.97, for a total value of $2,989,597.41. Following the completion of the transaction, the chief executive officer now owns 90,855 shares of the company’s stock, valued at $19,894,519.35. The transaction was disclosed in a filing with the SEC, which is available at this link. In other Five Below news, Director Catherine Elizabeth Buggeln sold 2,253 shares of the firm’s stock in a transaction that occurred on Tuesday, April 11th. The shares were sold at an average price of $218.04, for a total transaction of $491,244.12. Following the completion of the transaction, the director now directly owns 7,141 shares of the company’s stock, valued at approximately $1,557,023.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Joel D. Anderson sold 13,653 shares of the business’s stock in a transaction on Tuesday, April 11th. The shares were sold at an average price of $218.97, for a total transaction of $2,989,597.41. Following the transaction, the chief executive officer now owns 90,855 shares of the company’s stock, valued at $19,894,519.35. The disclosure for this sale can be found here. Insiders sold 32,538 shares of company stock worth $6,879,774 in the last three months. Corporate insiders own 1.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on FIVE. Oppenheimer restated an “outperform” rating on shares of Five Below in a report on Friday, March 17th. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Five Below from $234.00 to $238.00 in a research note on Thursday, March 16th. Gordon Haskett raised shares of Five Below from an “accumulate” rating to a “buy” rating and increased their price target for the stock from $190.00 to $240.00 in a research note on Friday, February 10th. Barclays started coverage on Five Below in a research report on Tuesday, February 7th. They set an “overweight” rating and a $219.00 price objective on the stock. Finally, TheStreet upgraded Five Below from a “c+” rating to a “b” rating in a research note on Wednesday, March 15th. Four investment analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company’s stock. According to MarketBeat.com, Five Below has an average rating of “Moderate Buy” and an average target price of $210.22.

Five Below Price Performance

Shares of FIVE stock opened at $179.25 on Friday. The stock’s 50-day moving average is $199.61 and its 200 day moving average is $189.35. Five Below, Inc. has a 1-year low of $109.49 and a 1-year high of $220.19. The company has a market cap of $9.98 billion, a P/E ratio of 38.22, a PEG ratio of 1.49 and a beta of 1.16.

Five Below (NASDAQ:FIVE – Get Rating) last released its quarterly earnings results on Wednesday, March 15th. The specialty retailer reported $3.07 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.07. Five Below had a net margin of 8.50% and a return on equity of 21.69%. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.11 billion. During the same period last year, the business earned $2.49 EPS. The company’s revenue was up 12.7% compared to the same quarter last year. On average, analysts anticipate that Five Below, Inc. will post 5.6 EPS for the current year.

Five Below 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.