Nebula Research & Development LLC Invests $1.13 Million in Five Below, Inc. (NASDAQ:FIVE)

Nebula Research & Development LLC bought a new stake in Five Below, Inc. (NASDAQ:FIVE) during the fourth quarter, HoldingsChannel reports. The fund bought 10,748 shares of the specialty retailer’s stock, valued at approximately $1,128,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below in the third quarter worth $42,000. Retirement Systems of Alabama boosted its holdings in Five Below by 47.2% in the third quarter. Retirement Systems of Alabama now owns 151,344 shares of the specialty retailer’s stock valued at $13,371,000 after purchasing an additional 48,524 shares during the last quarter. GAMMA Investing LLC grew its position in Five Below by 149.1% during the 4th quarter. GAMMA Investing LLC now owns 1,360 shares of the specialty retailer’s stock worth $143,000 after purchasing an additional 814 shares during the period. Everence Capital Management Inc. purchased a new position in shares of Five Below during the 4th quarter valued at about $249,000. Finally, Oak Thistle LLC lifted its holdings in shares of Five Below by 3.0% in the 4th quarter. Oak Thistle LLC now owns 15,910 shares of the specialty retailer’s stock valued at $1,670,000 after buying an additional 470 shares during the period.

Five Below Stock Down 0.9 %

Five Below stock opened at $75.39 on Friday. The company has a fifty day simple moving average of $74.41 and a 200-day simple moving average of $88.37. The firm has a market capitalization of $4.15 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 1.19 and a beta of 1.01. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $150.88.

Five Below (NASDAQ:FIVE) last released 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. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. Five Below’s quarterly revenue was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $3.65 EPS. On average, research analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. The Goldman Sachs Group reduced their price target on Five Below from $117.00 to $102.00 and set a “buy” rating for the company in a research report on Friday, March 21st. Guggenheim cut their target price 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. Evercore ISI lowered their price target on shares of Five Below from $93.00 to $90.00 and set an “in-line” rating on the stock in a report on Tuesday, April 1st. Bank of America cut their price objective on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating for the company in a report on Thursday, March 20th. Finally, Loop Capital lowered their target price on shares of Five Below from $120.00 to $75.00 and set a “hold” rating on the stock in a research note on Tuesday, March 18th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $94.30.

Insider Activity at Five Below

In related news, EVP Ronald James Masciantonio sold 584 shares of the firm’s 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 completion of the sale, the executive vice president now directly owns 12,658 shares in the company, valued at approximately $987,830.32. This trade represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.90% of the company’s stock.

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.