Five Below, Inc. (NASDAQ:FIVE) Shares Sold by Tandem Investment Advisors Inc.

Tandem Investment Advisors Inc. decreased its holdings in Five Below, Inc. (NASDAQ:FIVE) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,591 shares of the specialty retailer’s stock after selling 1,193 shares during the period. Tandem Investment Advisors Inc.’s holdings in Five Below were worth $3,963,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Silvercrest Asset Management Group LLC grew its stake in shares of Five Below by 0.6% during the first quarter. Silvercrest Asset Management Group LLC now owns 9,777 shares of the specialty retailer’s stock worth $2,014,000 after purchasing an additional 58 shares in the last quarter. Sunbelt Securities Inc. grew its stake in shares of Five Below by 76.3% during the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 58 shares in the last quarter. Park Place Capital Corp grew its stake in shares of Five Below by 11.5% during the third quarter. Park Place Capital Corp now owns 641 shares of the specialty retailer’s stock worth $103,000 after purchasing an additional 66 shares in the last quarter. Kestra Advisory Services LLC grew its stake in shares of Five Below by 2.2% during the third quarter. Kestra Advisory Services LLC now owns 3,103 shares of the specialty retailer’s stock worth $499,000 after purchasing an additional 67 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC grew its stake in shares of Five Below by 2.2% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 3,270 shares of the specialty retailer’s stock worth $526,000 after purchasing an additional 71 shares in the last quarter.

Five Below Trading Up 1.9 %

Shares of Five Below stock traded up $2.80 on Wednesday, reaching $152.10. 1,078,326 shares of the stock were exchanged, compared to its average volume of 874,502. Five Below, Inc. has a 1-year low of $144.57 and a 1-year high of $216.18. The business has a fifty day moving average price of $186.30 and a two-hundred day moving average price of $186.14. The firm has a market capitalization of $8.40 billion, a PE ratio of 27.55, a PEG ratio of 1.22 and a beta of 1.19.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). Five Below had a return on equity of 20.80% and a net margin of 8.46%. The firm had revenue of $1.34 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same quarter last year, the firm earned $3.07 earnings per share. The company’s revenue was up 19.1% compared to the same quarter last year. Research analysts expect that Five Below, Inc. will post 6.06 EPS for the current year.

Insiders Place Their Bets

In other Five Below news, Director Thomas Vellios sold 10,000 shares of the company’s stock in a transaction dated Friday, January 19th. The shares were sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the transaction, the director now directly owns 333,697 shares in the company, valued at $62,007,576.54. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 1.80% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

FIVE has been the subject of a number of research reports. Morgan Stanley reduced their price target on shares of Five Below from $225.00 to $210.00 and set an “overweight” rating for the company in a research report on Thursday, March 21st. Mizuho initiated coverage on shares of Five Below in a research report on Tuesday, March 19th. They issued a “buy” rating and a $225.00 price target for the company. JPMorgan Chase & Co. reduced their price target on shares of Five Below from $222.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, March 21st. Evercore ISI reduced their price target on shares of Five Below from $230.00 to $225.00 and set an “outperform” rating for the company in a research report on Tuesday. Finally, UBS Group reduced their price target on shares of Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have given a buy rating to the company. According to data from MarketBeat, Five Below has an average rating of “Moderate Buy” and an average target price of $212.83.

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.