Five Below Inc (NASDAQ:FIVE) CFO Sells $924,313.39 in Stock

Five Below Inc (NASDAQ:FIVE) CFO Kenneth R. Bull sold 7,103 shares of the stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $130.13, for a total value of $924,313.39. Following the sale, the chief financial officer now directly owns 79,227 shares in the company, valued at $10,309,809.51. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

Five Below stock traded down $0.38 during trading hours on Friday, hitting $131.82. The stock had a trading volume of 750,979 shares, compared to its average volume of 1,252,651. The company has a current ratio of 1.89, a quick ratio of 1.05 and a debt-to-equity ratio of 1.00. The company has a market capitalization of $7.40 billion, a PE ratio of 51.29, a P/E/G ratio of 1.57 and a beta of 0.80. Five Below Inc has a one year low of $86.57 and a one year high of $148.21.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. The firm had revenue of $364.76 million during the quarter, compared to the consensus estimate of $362.28 million. Five Below had a return on equity of 25.21% and a net margin of 9.43%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same period last year, the company earned $0.35 earnings per share. As a group, analysts predict that Five Below Inc will post 3.06 earnings per share for the current fiscal year.

Several brokerages recently weighed in on FIVE. BidaskClub downgraded Five Below from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 15th. Goldman Sachs Group upgraded Five Below from a “buy” rating to a “conviction-buy” rating and set a $147.00 price objective for the company in a research report on Thursday, March 28th. Credit Suisse Group upped their price objective on Five Below from $120.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, June 6th. Bank of America restated a “buy” rating and set a $150.00 price objective on shares of Five Below in a research report on Thursday, June 6th. Finally, JPMorgan Chase & Co. downgraded Five Below from an “overweight” rating to a “neutral” rating and set a $128.30 price objective for the company. in a research report on Friday, February 22nd. One research analyst has rated the stock with a sell rating, four have given a hold rating, fourteen have given a buy rating and two have issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $135.17.

A number of institutional investors have recently bought and sold shares of FIVE. Optimum Investment Advisors bought a new position in Five Below in the first quarter valued at about $31,000. Mckinley Capital Management LLC Delaware bought a new position in Five Below in the fourth quarter valued at about $41,000. Quadrant Capital Group LLC raised its position in Five Below by 74.2% in the first quarter. Quadrant Capital Group LLC now owns 465 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 198 shares during the last quarter. Icon Wealth Partners LLC bought a new position in Five Below in the first quarter valued at about $60,000. Finally, Carroll Financial Associates Inc. raised its position in Five Below by 43.9% in the first quarter. Carroll Financial Associates Inc. now owns 492 shares of the specialty retailer’s stock valued at $61,000 after purchasing an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 95.85% of the company’s stock.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, and related items, as well as provides storage options for the customers room.

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Insider Buying and Selling by Quarter for Five Below (NASDAQ:FIVE)

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