Stephens Investment Management Group LLC Buys 175,131 Shares of Five Below, Inc. (NASDAQ:FIVE)

Stephens Investment Management Group LLC boosted its position in Five Below, Inc. (NASDAQ:FIVE) by 39.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 618,372 shares of the specialty retailer’s stock after purchasing an additional 175,131 shares during the period. Stephens Investment Management Group LLC’s holdings in Five Below were worth $64,904,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. SG Americas Securities LLC bought a new stake in Five Below in the 3rd quarter valued at about $501,000. Paladin Wealth LLC bought a new stake in shares of Five Below in the third quarter valued at approximately $26,000. Creative Planning lifted its stake in shares of Five Below by 69.2% during the 3rd quarter. Creative Planning now owns 9,109 shares of the specialty retailer’s stock valued at $805,000 after buying an additional 3,724 shares in the last quarter. Trust Point Inc. boosted its holdings in Five Below by 17.2% in the 3rd quarter. Trust Point Inc. now owns 12,653 shares of the specialty retailer’s stock worth $1,118,000 after buying an additional 1,856 shares during the period. Finally, Allspring Global Investments Holdings LLC grew its stake in Five Below by 318,361.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 108,277 shares of the specialty retailer’s stock valued at $9,566,000 after buying an additional 108,243 shares in the last quarter.

Five Below Trading Down 4.1 %

Shares of Five Below stock opened at $90.07 on Friday. The company’s fifty day simple moving average is $100.96 and its two-hundred day simple moving average is $90.56. The company has a market cap of $4.95 billion, a P/E ratio of 18.57, a PEG ratio of 1.26 and a beta of 1.12. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $212.01.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.26. The firm had revenue of $843.71 million during the quarter, compared to analyst estimates of $801.48 million. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The business’s revenue was up 14.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.26 EPS. Analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity

In related news, CAO Eric M. Specter sold 5,494 shares of Five Below 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 transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This trade represents a 8.75 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Barclays lifted their price target on Five Below from $90.00 to $100.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Guggenheim raised their price target on shares of Five Below from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Morgan Stanley lifted their price objective on Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Citigroup raised their price target on Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a report on Monday, December 2nd. Finally, Loop Capital raised their target price on shares of Five Below from $90.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $111.32.

Five Below 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.