63,526 Shares in Five Below Inc (FIVE) Acquired by Sanctuary Wealth Advisors LLC
Sanctuary Wealth Advisors LLC bought a new stake in Five Below Inc (NASDAQ:FIVE) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 63,526 shares of the specialty retailer’s stock, valued at approximately $4,213,000. Five Below comprises approximately 3.5% of Sanctuary Wealth Advisors LLC’s investment portfolio, making the stock its 13th largest holding.
A number of other institutional investors have also recently bought and sold shares of the business. USA Financial Portformulas Corp acquired a new stake in Five Below in the fourth quarter valued at $421,000. Geode Capital Management LLC grew its holdings in Five Below by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 498,654 shares of the specialty retailer’s stock valued at $33,070,000 after purchasing an additional 9,397 shares during the last quarter. Maverick Capital Ltd. grew its holdings in Five Below by 580.2% in the fourth quarter. Maverick Capital Ltd. now owns 203,659 shares of the specialty retailer’s stock valued at $13,507,000 after purchasing an additional 173,717 shares during the last quarter. EAM Investors LLC acquired a new stake in Five Below in the fourth quarter valued at $2,474,000. Finally, Quadrature Capital Ltd acquired a new stake in Five Below in the fourth quarter valued at $7,591,000.
In related news, Director Ronald Sargent sold 80,000 shares of the stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $65.59, for a total transaction of $5,247,200.00. Following the sale, the director now owns 29,429 shares of the company’s stock, valued at $1,930,248.11. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Eric M. Specter sold 15,000 shares of the stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $67.08, for a total value of $1,006,200.00. Following the sale, the insider now directly owns 13,883 shares in the company, valued at approximately $931,271.64. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 143,400 shares of company stock worth $9,474,401. Corporate insiders own 2.92% of the company’s stock.
Shares of Five Below Inc (NASDAQ:FIVE) opened at $68.66 on Monday. The company has a market capitalization of $3,792.45, a price-to-earnings ratio of 44.88, a P/E/G ratio of 0.98 and a beta of 0.62. Five Below Inc has a 52 week low of $37.21 and a 52 week high of $73.55.
About Five Below
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.
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