Five Below Inc (FIVE) EVP Sells $828,564.62 in Stock

Five Below Inc (NASDAQ:FIVE) EVP Michael Romanko sold 12,454 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $66.53, for a total value of $828,564.62. Following the transaction, the executive vice president now owns 24,858 shares in the company, valued at approximately $1,653,802.74. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Five Below Inc (FIVE) opened at $67.12 on Monday. Five Below Inc has a 12-month low of $36.90 and a 12-month high of $67.53. The firm has a market capitalization of $3,707.38, a P/E ratio of 43.87, a PEG ratio of 1.43 and a beta of 0.85.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.05. Five Below had a return on equity of 23.85% and a net margin of 7.31%. The company had revenue of $257.18 million during the quarter, compared to analysts’ expectations of $246.04 million. During the same period in the prior year, the business earned $0.10 earnings per share. Five Below’s revenue for the quarter was up 28.9% compared to the same quarter last year. equities analysts anticipate that Five Below Inc will post 1.78 EPS for the current fiscal year.

Several brokerages have commented on FIVE. BidaskClub upgraded Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday. Barclays reiterated a “hold” rating and set a $60.00 price target on shares of Five Below in a report on Sunday, December 3rd. Buckingham Research increased their price target on Five Below from $62.00 to $75.00 and gave the company a “buy” rating in a report on Friday, December 1st. UBS increased their price target on Five Below from $52.00 to $64.00 and gave the company a “neutral” rating in a report on Friday, December 1st. Finally, Royal Bank Of Canada increased their price target on Five Below to $67.00 and gave the company an “outperform” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $60.91.

Institutional investors and hedge funds have recently bought and sold shares of the company. First Mercantile Trust Co. lifted its position in Five Below by 1.7% in the second quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock worth $116,000 after purchasing an additional 40 shares during the period. Everence Capital Management Inc. bought a new position in Five Below in the third quarter worth $215,000. Montag & Caldwell LLC bought a new position in Five Below in the third quarter worth $217,000. Raymond James Trust N.A. bought a new position in Five Below in the second quarter worth $205,000. Finally, Strs Ohio lifted its position in Five Below by 40.0% in the second quarter. Strs Ohio now owns 4,200 shares of the specialty retailer’s stock worth $207,000 after purchasing an additional 1,200 shares during the period.

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Five Below Company Profile

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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