Ronald James Masciantonio Sells 584 Shares of Five Below, Inc. (NASDAQ:FIVE) Stock

Five Below, Inc. (NASDAQ:FIVE) EVP Ronald James Masciantonio sold 584 shares of the company’s stock in a transaction dated Monday, March 24th. The shares were sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the sale, the executive vice president now owns 12,658 shares of the company’s stock, valued at $987,830.32. This represents a 4.41 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Five Below Trading Up 1.1 %

Five Below stock opened at $77.84 on Thursday. Five Below, Inc. has a 1-year low of $64.87 and a 1-year high of $185.48. The company has a fifty day simple moving average of $86.67 and a 200 day simple moving average of $92.66. The company has a market cap of $4.28 billion, a P/E ratio of 16.05, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.10. Five Below had a return on equity of 18.03% and a net margin of 7.02%. The company had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.38 billion. During the same quarter last year, the company earned $3.65 EPS. Five Below’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, equities research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FIVE. Telsey Advisory Group cut their price target on shares of Five Below from $115.00 to $85.00 and set a “market perform” rating on the stock in a research report on Tuesday, March 18th. Morgan Stanley reiterated an “equal weight” rating on shares of Five Below in a report on Thursday, March 20th. Craig Hallum boosted their price target on shares of Five Below from $125.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, December 5th. Truist Financial dropped their price objective on Five Below from $93.00 to $86.00 and set a “hold” rating on the stock in a research note on Thursday, March 20th. Finally, William Blair reissued a “market perform” rating on shares of Five Below in a research note on Monday, December 2nd. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Five Below currently has a consensus rating of “Hold” and a consensus price target of $102.16.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Brooklyn Investment Group acquired a new stake in shares of Five Below in the 3rd quarter valued at approximately $30,000. Proficio Capital Partners LLC acquired a new stake in Five Below in the fourth quarter valued at $31,000. UMB Bank n.a. lifted its stake in Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 204 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new position in shares of Five Below in the 3rd quarter valued at about $42,000. Finally, Coppell Advisory Solutions LLC increased its stake in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after purchasing an additional 253 shares during the last quarter.

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.