CoreCap Advisors LLC Sells 362 Shares of Five Below, Inc. (NASDAQ:FIVE)

CoreCap Advisors LLC lessened its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 21.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,328 shares of the specialty retailer’s stock after selling 362 shares during the quarter. CoreCap Advisors LLC’s holdings in Five Below were worth $283,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. raised its position in shares of Five Below by 76.3% in the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 58 shares during the period. Canada Pension Plan Investment Board grew its stake in shares of Five Below by 93.0% in the first quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 93 shares during the last quarter. Coppell Advisory Solutions LLC acquired a new stake in shares of Five Below in the second quarter worth $40,000. Cornerstone Planning Group LLC acquired a new stake in shares of Five Below in the second quarter worth $47,000. Finally, CENTRAL TRUST Co grew its stake in shares of Five Below by 29.6% in the third quarter. CENTRAL TRUST Co now owns 350 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 80 shares during the last quarter.

Insider Transactions at Five Below

In other news, Director Thomas Vellios sold 10,000 shares of the business’s stock in a transaction dated Friday, January 19th. The stock was sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the completion of the transaction, the director now directly owns 333,697 shares in the company, valued at approximately $62,007,576.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.80% of the company’s stock.

Five Below Trading Up 3.3 %

Shares of NASDAQ:FIVE opened at $183.86 on Thursday. The stock has a market capitalization of $10.16 billion, a P/E ratio of 33.92, a P/E/G ratio of 1.39 and a beta of 1.21. Five Below, Inc. has a 1-year low of $144.57 and a 1-year high of $220.19. The business has a 50-day moving average price of $192.00 and a two-hundred day moving average price of $185.01.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 earnings per share for the quarter, missing the consensus estimate of $3.78 by ($0.13). The firm had revenue of $1.34 billion for the quarter, compared to the consensus estimate of $1.35 billion. Five Below had a return on equity of 20.80% and a net margin of 8.46%. The business’s revenue for the quarter was up 19.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.07 earnings per share. As a group, equities analysts predict that Five Below, Inc. will post 6.07 EPS for the current year.

Wall Street Analyst Weigh In

FIVE has been the topic of several research analyst reports. Wells Fargo & Company lowered their price objective on shares of Five Below from $200.00 to $180.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 21st. Evercore ISI lowered their price objective on shares of Five Below from $240.00 to $230.00 and set an “outperform” rating on the stock in a research note on Thursday, March 21st. Mizuho started coverage on shares of Five Below in a research note on Tuesday, March 19th. They set a “buy” rating and a $225.00 price target on the stock. UBS Group decreased their price target on shares of Five Below from $270.00 to $245.00 and set a “buy” rating on the stock in a research note on Thursday, March 21st. Finally, Barclays decreased their price target on shares of Five Below from $225.00 to $214.00 and set an “overweight” rating on the stock in a research note on Friday, March 22nd. One analyst has rated the stock with a sell rating, four have issued a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $213.88.

Five Below 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 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.