7,158 Shares in Five Below Inc (NASDAQ:FIVE) Acquired by GYL Financial Synergies LLC

GYL Financial Synergies LLC acquired a new position in Five Below Inc (NASDAQ:FIVE) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 7,158 shares of the specialty retailer’s stock, valued at approximately $889,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Louisiana State Employees Retirement System boosted its position in Five Below by 0.7% in the first quarter. Louisiana State Employees Retirement System now owns 14,900 shares of the specialty retailer’s stock worth $1,851,000 after purchasing an additional 100 shares during the last quarter. Riverhead Capital Management LLC lifted its holdings in Five Below by 1.3% in the 1st quarter. Riverhead Capital Management LLC now owns 7,969 shares of the specialty retailer’s stock worth $990,000 after purchasing an additional 100 shares in the last quarter. Insight Wealth Strategies LLC increased its stake in Five Below by 4.3% in the 1st quarter. Insight Wealth Strategies LLC now owns 3,244 shares of the specialty retailer’s stock worth $403,000 after acquiring an additional 133 shares during the last quarter. Captrust Financial Advisors increased its stake in Five Below by 5.9% in the 4th quarter. Captrust Financial Advisors now owns 2,442 shares of the specialty retailer’s stock worth $250,000 after acquiring an additional 135 shares during the last quarter. Finally, Carroll Financial Associates Inc. increased its stake in Five Below by 43.9% in the 1st quarter. Carroll Financial Associates Inc. now owns 492 shares of the specialty retailer’s stock worth $61,000 after acquiring an additional 150 shares during the last quarter. Institutional investors own 95.85% of the company’s stock.

In related news, CEO Joel D. Anderson sold 30,000 shares of the company’s stock in a transaction dated Thursday, April 11th. The stock was sold at an average price of $131.06, for a total transaction of $3,931,800.00. Following the transaction, the chief executive officer now directly owns 192,174 shares of the company’s stock, valued at approximately $25,186,324.44. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Michael Romanko sold 7,881 shares of the company’s stock in a transaction dated Friday, April 12th. The shares were sold at an average price of $134.00, for a total value of $1,056,054.00. Following the transaction, the executive vice president now directly owns 27,907 shares in the company, valued at $3,739,538. The disclosure for this sale can be found here. Insiders have sold a total of 55,381 shares of company stock worth $7,344,004 over the last ninety days. 2.50% of the stock is currently owned by corporate insiders.

FIVE has been the topic of several analyst reports. BidaskClub raised Five Below from a “buy” rating to a “strong-buy” rating in a research report on Thursday, April 25th. JPMorgan Chase & Co. cut Five Below from an “overweight” rating to a “neutral” rating and set a $128.30 price objective for the company. in a research note on Friday, February 22nd. 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 note on Thursday, March 28th. Oppenheimer started coverage on Five Below in a research note on Wednesday, March 6th. They set an “outperform” rating and a $140.00 price objective for the company. Finally, Telsey Advisory Group restated a “market perform” rating and set a $120.00 price objective on shares of Five Below in a research note on Thursday, March 28th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have given a buy rating and two have assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average price target of $135.17.

NASDAQ:FIVE traded down $0.83 during mid-day trading on Friday, hitting $131.37. 1,026 shares of the company’s stock traded hands, compared to its average volume of 1,252,029. Five Below Inc has a twelve month low of $86.57 and a twelve month high of $148.21. The firm has a market capitalization of $7.32 billion, a P/E ratio of 51.20, a P/E/G ratio of 1.55 and a beta of 0.80. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.89 and a quick ratio of 1.05.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.35. Five Below had a return on equity of 25.21% and a net margin of 9.43%. The company had revenue of $364.76 million for the quarter, compared to analyst estimates of $362.28 million. During the same period in the prior year, the company posted $0.35 EPS. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. On average, analysts expect that Five Below Inc will post 3.06 EPS for the current year.

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Five Below Company Profile

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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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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