Five Below, Inc. (FIVE) Shares Bought by Fmr LLC

Fmr LLC grew its position in Five Below, Inc. (NASDAQ:FIVE) by 6.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 760,785 shares of the specialty retailer’s stock after buying an additional 45,689 shares during the period. Fmr LLC owned approximately 1.38% of Five Below worth $37,560,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the company. Northern Trust Corp grew its holdings in shares of Five Below by 2.5% in the 2nd quarter. Northern Trust Corp now owns 820,304 shares of the specialty retailer’s stock valued at $40,498,000 after buying an additional 19,980 shares during the period. Penn Capital Management Co. Inc. grew its holdings in shares of Five Below by 10.4% in the 2nd quarter. Penn Capital Management Co. Inc. now owns 257,642 shares of the specialty retailer’s stock valued at $12,740,000 after buying an additional 24,255 shares during the period. D.A. Davidson & CO. grew its holdings in shares of Five Below by 5.2% in the 2nd quarter. D.A. Davidson & CO. now owns 5,921 shares of the specialty retailer’s stock valued at $292,000 after buying an additional 294 shares during the period. GSA Capital Partners LLP grew its holdings in shares of Five Below by 516.8% in the 2nd quarter. GSA Capital Partners LLP now owns 31,026 shares of the specialty retailer’s stock valued at $1,532,000 after buying an additional 25,996 shares during the period. Finally, Menta Capital LLC acquired a new position in shares of Five Below in the 2nd quarter valued at $671,000.

ILLEGAL ACTIVITY WARNING: “Five Below, Inc. (FIVE) Shares Bought by Fmr LLC” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://ledgergazette.com/2017/10/20/five-below-inc-five-shares-bought-by-fmr-llc.html.

Five Below, Inc. (FIVE) opened at 57.03 on Friday. The firm has a market capitalization of $3.15 billion, a P/E ratio of 39.39 and a beta of 0.90. Five Below, Inc. has a 1-year low of $35.03 and a 1-year high of $57.65. The stock’s 50 day moving average is $52.63 and its 200-day moving average is $49.77.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The firm had revenue of $283.30 million during the quarter, compared to the consensus estimate of $276.37 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue was up 28.7% compared to the same quarter last year. Analysts forecast that Five Below, Inc. will post $1.67 EPS for the current year.

Several equities analysts have recently issued reports on the stock. BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Jefferies Group LLC reissued a “buy” rating and issued a $52.00 price target on shares of Five Below in a report on Tuesday, September 12th. Zacks Investment Research raised shares of Five Below from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, August 23rd. Loop Capital set a $60.00 price target on shares of Five Below and gave the company a “buy” rating in a report on Monday, August 28th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $54.00 price target (up previously from $53.00) on shares of Five Below in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Five Below currently has an average rating of “Buy” and an average price target of $54.41.

In other Five Below news, insider Thomas Vellios sold 142,573 shares of Five Below stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $55.13, for a total value of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares of the c

Several other hedge funds have also recently made changes to their positions in the company. Northern Trust Corp grew its holdings in shares of Five Below by 2.5% in the 2nd quarter. Northern Trust Corp now owns 820,304 shares of the specialty retailer’s stock valued at $40,498,000 after buying an additional 19,980 shares during the period. Penn Capital Management Co. Inc. grew its holdings in shares of Five Below by 10.4% in the 2nd quarter. Penn Capital Management Co. Inc. now owns 257,642 shares of the specialty retailer’s stock valued at $12,740,000 after buying an additional 24,255 shares during the period. D.A. Davidson & CO. grew its holdings in shares of Five Below by 5.2% in the 2nd quarter. D.A. Davidson & CO. now owns 5,921 shares of the specialty retailer’s stock valued at $292,000 after buying an additional 294 shares during the period. GSA Capital Partners LLP grew its holdings in shares of Five Below by 516.8% in the 2nd quarter. GSA Capital Partners LLP now owns 31,026 shares of the specialty retailer’s stock valued at $1,532,000 after buying an additional 25,996 shares during the period. Finally, Menta Capital LLC acquired a new position in shares of Five Below in the 2nd quarter valued at $671,000.

ILLEGAL ACTIVITY WARNING: “Five Below, Inc. (FIVE) Shares Bought by Fmr LLC” was originally reported by The Ledger Gazette and is the property of of The Ledger Gazette. If you are accessing this news story on another website, it was illegally copied and republished in violation of US & international copyright & trademark law. The legal version of this news story can be read at https://ledgergazette.com/2017/10/20/five-below-inc-five-shares-bought-by-fmr-llc.html.

Five Below, Inc. (FIVE) opened at 57.03 on Friday. The firm has a market capitalization of $3.15 billion, a P/E ratio of 39.39 and a beta of 0.90. Five Below, Inc. has a 1-year low of $35.03 and a 1-year high of $57.65. The stock’s 50 day moving average is $52.63 and its 200-day moving average is $49.77.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share for the quarter, beating the consensus estimate of $0.26 by $0.04. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The firm had revenue of $283.30 million during the quarter, compared to the consensus estimate of $276.37 million. During the same period in the previous year, the firm posted $0.18 earnings per share. The business’s revenue was up 28.7% compared to the same quarter last year. Analysts forecast that Five Below, Inc. will post $1.67 EPS for the current year.

Several equities analysts have recently issued reports on the stock. BidaskClub raised shares of Five Below from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 28th. Jefferies Group LLC reissued a “buy” rating and issued a $52.00 price target on shares of Five Below in a report on Tuesday, September 12th. Zacks Investment Research raised shares of Five Below from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a report on Wednesday, August 23rd. Loop Capital set a $60.00 price target on shares of Five Below and gave the company a “buy” rating in a report on Monday, August 28th. Finally, Deutsche Bank AG reissued a “hold” rating and issued a $54.00 price target (up previously from $53.00) on shares of Five Below in a report on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company’s stock. Five Below currently has an average rating of “Buy” and an average price target of $54.41.

In other Five Below news, insider Thomas Vellios sold 142,573 shares of Five Below stock in a transaction on Monday, October 2nd. The shares were sold at an average price of $55.13, for a total value of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares of the company’s stock, valued at $41,778,781.99. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 3.22% of the company’s stock.

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.

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

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