Five Below, Inc. $FIVE Shares Sold by New Age Alpha Advisors LLC

New Age Alpha Advisors LLC trimmed its position in Five Below, Inc. (NASDAQ:FIVE) by 73.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,494 shares of the specialty retailer’s stock after selling 34,384 shares during the period. New Age Alpha Advisors LLC’s holdings in Five Below were worth $2,353,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in FIVE. Advisory Services Network LLC acquired a new stake in Five Below in the third quarter worth approximately $32,000. V Square Quantitative Management LLC acquired a new stake in Five Below in the fourth quarter worth approximately $35,000. CI Investments Inc. lifted its position in Five Below by 44.3% in the third quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock worth $37,000 after purchasing an additional 74 shares during the period. Spire Wealth Management acquired a new stake in shares of Five Below during the 4th quarter valued at $38,000. Finally, iSAM Funds UK Ltd acquired a new stake in Five Below during the 3rd quarter valued at $40,000.

Five Below Trading Up 0.7%

NASDAQ FIVE opened at $221.07 on Wednesday. Five Below, Inc. has a 1-year low of $109.17 and a 1-year high of $251.63. The company has a market capitalization of $12.22 billion, a PE ratio of 34.22, a price-to-earnings-growth ratio of 1.64 and a beta of 1.00. The firm’s fifty day simple moving average is $225.52 and its 200-day simple moving average is $202.00.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share for the quarter, topping analysts’ consensus estimates of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the prior year, the business posted $3.48 earnings per share. Five Below’s revenue for the quarter was up 24.3% compared to the same quarter last year. As a group, analysts predict that Five Below, Inc. will post 8.16 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the topic of several recent analyst reports. Craig Hallum reissued a “buy” rating and set a $246.00 target price on shares of Five Below in a research note on Tuesday, March 17th. Citigroup boosted their target price on shares of Five Below from $200.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, March 19th. Guggenheim boosted their target price on shares of Five Below from $225.00 to $260.00 and gave the company a “buy” rating in a research note on Friday, March 20th. UBS Group boosted their target price on shares of Five Below from $255.00 to $285.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, Bank of America boosted their target price on shares of Five Below from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $240.60.

Insiders Place Their Bets

In other news, COO Kenneth R. Bull sold 10,000 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $234.14, for a total value of $2,341,400.00. Following the transaction, the chief operating officer directly owned 92,531 shares of the company’s stock, valued at approximately $21,665,208.34. This represents a 9.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the completion of the transaction, the director directly owned 83,674 shares in the company, valued at $19,352,122.72. This trade represents a 10.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.96% of the company’s stock.

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.