Linden Thomas Advisory Services LLC Sells 687 Shares of Five Below, Inc. (NASDAQ:FIVE)

Linden Thomas Advisory Services LLC trimmed its stake in Five Below, Inc. (NASDAQ:FIVE) by 3.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 17,747 shares of the specialty retailer’s stock after selling 687 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Five Below were worth $1,863,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FIVE. Paladin Wealth LLC purchased a new stake in Five Below during the 3rd quarter valued at $26,000. UMB Bank n.a. raised its stake in shares of Five Below by 156.9% in the fourth quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 204 shares during the period. Brooklyn Investment Group purchased a new stake in shares of Five Below in the third quarter valued at $30,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Five Below in the 3rd quarter worth about $42,000. Finally, Partnership Wealth Management LLC boosted its stake in shares of Five Below by 63.5% during the 3rd quarter. Partnership Wealth Management LLC now owns 515 shares of the specialty retailer’s stock worth $46,000 after purchasing an additional 200 shares during the period.

Five Below Trading Up 4.0 %

FIVE stock opened at $95.75 on Friday. The business’s fifty day moving average price is $99.77 and its 200 day moving average price is $90.30. Five Below, Inc. has a 12-month low of $64.87 and a 12-month high of $212.01. The company has a market capitalization of $5.27 billion, a PE ratio of 19.74, a P/E/G ratio of 1.27 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 4th. The specialty retailer reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.26. The company had revenue of $843.71 million for the quarter, compared to analyst estimates of $801.48 million. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.26 earnings per share. Research analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Buying and Selling

In related news, CAO Eric M. Specter sold 5,494 shares of the company’s stock in a transaction that occurred on Thursday, January 16th. The stock was sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at $5,197,552.92. This represents a 8.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Truist Financial raised their price objective on shares of Five Below from $88.00 to $118.00 and gave the stock a “hold” rating in a research note on Thursday, December 5th. Morgan Stanley raised their target price on shares of Five Below from $100.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. William Blair reissued a “market perform” rating on shares of Five Below in a research note on Monday, December 2nd. Wells Fargo & Company lifted their target price on Five Below from $115.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, December 5th. Finally, Craig Hallum increased their price target on Five Below from $125.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, December 5th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Five Below presently has a consensus rating of “Hold” and an average price target of $115.75.

About Five Below

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 lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.