Five Below, Inc. (NASDAQ:FIVE) is Montrusco Bolton Investments Inc.’s 5th Largest Position

Montrusco Bolton Investments Inc. cut its holdings in Five Below, Inc. (NASDAQ:FIVE – Get Rating) by 8.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 930,772 shares of the specialty retailer’s stock after selling 87,633 shares during the quarter. Five Below accounts for 3.3% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 5th largest position. Montrusco Bolton Investments Inc. owned about 1.68% of Five Below worth $125,663,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Darsana Capital Partners LP acquired a new position in shares of Five Below in the 2nd quarter valued at $161,638,000. FMR LLC increased its holdings in shares of Five Below by 25.1% in the 2nd quarter. FMR LLC now owns 7,061,002 shares of the specialty retailer’s stock valued at $800,929,000 after acquiring an additional 1,415,117 shares during the last quarter. Artisan Partners Limited Partnership purchased a new stake in shares of Five Below in the second quarter valued at about $70,023,000. Wasatch Advisors Inc. increased its holdings in shares of Five Below by 21.4% in the first quarter. Wasatch Advisors Inc. now owns 2,676,533 shares of the specialty retailer’s stock valued at $423,883,000 after purchasing an additional 471,349 shares during the period. Finally, Rivulet Capital LLC acquired a new stake in shares of Five Below during the second quarter worth $42,037,000.

Insiders Place Their Bets

In related news, Director Kathleen S. Barclay sold 3,319 shares of the stock in a transaction dated Friday, December 2nd. The shares were sold at an average price of $187.10, for a total transaction of $620,984.90. Following the completion of the transaction, the director now owns 8,799 shares in the company, valued at $1,646,292.90. The transaction was disclosed in a document filed with the SEC, which is available through this link. In other Five Below news, CAO Eric M. Specter sold 9,500 shares of Five Below stock in a transaction that occurred on Friday, December 2nd. The shares were sold at an average price of $183.79, for a total transaction of $1,746,005.00. Following the transaction, the chief accounting officer now directly owns 31,243 shares of the company’s stock, valued at $5,742,150.97. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Kathleen S. Barclay sold 3,319 shares of Five Below stock in a transaction on Friday, December 2nd. The stock was sold at an average price of $187.10, for a total transaction of $620,984.90. Following the completion of the transaction, the director now directly owns 8,799 shares in the company, valued at $1,646,292.90. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 37,325 shares of company stock worth $6,919,010. Insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on FIVE shares. StockNews.com upgraded Five Below from a “sell” rating to a “hold” rating in a research report on Monday, January 16th. Citigroup lifted their price objective on Five Below from $170.00 to $186.00 in a research note on Monday, November 28th. UBS Group lifted their price objective on Five Below from $165.00 to $205.00 and gave the stock a “buy” rating in a report on Thursday, December 1st. Credit Suisse Group started coverage on Five Below in a research report on Monday, December 19th. They set a “neutral” rating and a $185.00 price target on the stock. Finally, William Blair started coverage on shares of Five Below in a report on Wednesday, December 7th. They issued an “outperform” rating on the stock. Four research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, Five Below currently has a consensus rating of “Moderate Buy” and an average target price of $188.48.

Five Below Stock Down 1.7 %

Shares of NASDAQ:FIVE traded down $3.25 during midday trading on Wednesday, hitting $188.77. The stock had a trading volume of 53,094 shares, compared to its average volume of 836,706. The company’s 50-day moving average price is $175.43 and its 200-day moving average price is $150.09. The company has a market capitalization of $10.48 billion, a P/E ratio of 46.72, a price-to-earnings-growth ratio of 2.16 and a beta of 1.11. Five Below, Inc. has a fifty-two week low of $109.49 and a fifty-two week high of $193.53.

Five Below (NASDAQ:FIVE – Get Rating) last posted its quarterly earnings data on Wednesday, November 30th. The specialty retailer reported $0.29 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.15. The company had revenue of $645.03 million for the quarter, compared to analyst estimates of $611.16 million. Five Below had a net margin of 7.81% and a return on equity of 20.11%. Research analysts expect that Five Below, Inc. will post 4.69 EPS for the current fiscal year.

Five Below Company Profile

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Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including 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, such as glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options for the customers room.