Summit Creek Advisors LLC Acquires 311 Shares of Five Below, Inc. (NASDAQ:FIVE)

Summit Creek Advisors LLC grew its holdings in Five Below, Inc. (NASDAQ:FIVE) by 0.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 97,479 shares of the specialty retailer’s stock after acquiring an additional 311 shares during the period. Summit Creek Advisors LLC owned 0.18% of Five Below worth $10,231,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. lifted its stake in shares of Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after buying an additional 204 shares during the last quarter. Brooklyn Investment Group acquired a new stake in shares of Five Below in the third quarter worth $30,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Five Below in the third quarter worth $42,000. EverSource Wealth Advisors LLC lifted its stake in shares of Five Below by 2,936.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 577 shares of the specialty retailer’s stock worth $61,000 after buying an additional 558 shares during the last quarter. Finally, R Squared Ltd acquired a new stake in shares of Five Below in the fourth quarter worth $68,000.

Insider Transactions at Five Below

In other news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction dated Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the sale, the chief accounting officer now owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This represents a 8.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 1.90% of the stock is owned by insiders.

Five Below Stock Performance

FIVE opened at $76.24 on Monday. The firm’s 50-day simple moving average is $87.76 and its 200-day simple moving average is $92.76. Five Below, Inc. has a twelve month low of $64.87 and a twelve month high of $185.48. The firm has a market cap of $4.19 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 earnings per share for the quarter, topping the consensus estimate of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.38 billion. During the same quarter in the prior year, the firm earned $3.65 EPS. The firm’s quarterly revenue was up 4.0% compared to the same quarter last year. As a group, sell-side analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

FIVE has been the subject of a number of analyst reports. Morgan Stanley restated an “equal weight” rating on shares of Five Below in a research note on Thursday. Barclays cut their target price on shares of Five Below from $100.00 to $93.00 and set an “equal weight” rating for the company in a research note on Thursday. StockNews.com cut shares of Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. Citigroup upped their target price on shares of Five Below from $85.00 to $96.00 and gave the company a “neutral” rating in a research note on Monday, December 2nd. Finally, JPMorgan Chase & Co. cut their target price on shares of Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research note on Thursday, January 16th. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $102.16.

Five Below Company 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.