Shares of Five Below Inc (NASDAQ:FIVE) fell 7.5% on Monday . The company traded as low as $65.10 and last traded at $66.95. 3,339,229 shares traded hands during trading, an increase of 82% from the average session volume of 1,830,804 shares. The stock had previously closed at $72.37.

A number of equities analysts have recently commented on the stock. MKM Partners increased their price target on shares of Five Below to $75.00 and gave the stock a “buy” rating in a report on Thursday, January 4th. Deutsche Bank raised shares of Five Below from a “hold” rating to a “buy” rating and set a $54.00 price target for the company in a research report on Wednesday, January 3rd. Morgan Stanley increased their price target on shares of Five Below from $54.00 to $58.00 and gave the company an “equal weight” rating in a research report on Wednesday, December 27th. Jefferies Group restated a “buy” rating and issued a $85.00 price objective on shares of Five Below in a report on Monday. Finally, Dougherty & Co upped their price objective on shares of Five Below from $68.00 to $82.00 and gave the stock a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a sell rating, seven have given a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $64.33.

The stock has a market capitalization of $3,750.00, a price-to-earnings ratio of 44.38, a PEG ratio of 1.53 and a beta of 0.84.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Thursday, November 30th. The specialty retailer reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.05. The firm had revenue of $257.18 million for the quarter, compared to the consensus estimate of $246.04 million. Five Below had a net margin of 7.31% and a return on equity of 23.85%. The business’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.10 EPS. research analysts forecast that Five Below Inc will post 1.78 earnings per share for the current fiscal year.

In related news, insider Eric M. Specter sold 15,000 shares of the firm’s stock in a transaction that occurred 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 transaction, the insider now owns 13,883 shares of the company’s stock, valued at $931,271.64. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ronald Sargent sold 80,000 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director now directly owns 29,429 shares in the company, valued at approximately $1,930,248.11. The disclosure for this sale can be found here. In the last three months, insiders sold 143,400 shares of company stock worth $9,474,401. 2.92% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Everence Capital Management Inc. purchased a new position in Five Below during the third quarter valued at approximately $215,000. Montag & Caldwell LLC purchased a new position in Five Below during the third quarter valued at approximately $217,000. Raymond James Trust N.A. purchased a new position in Five Below during the second quarter valued at approximately $205,000. Miles Capital Inc. purchased a new position in Five Below during the second quarter valued at approximately $210,000. Finally, Riverhead Capital Management LLC lifted its holdings in Five Below by 73.2% during the second quarter. Riverhead Capital Management LLC now owns 4,329 shares of the specialty retailer’s stock valued at $214,000 after purchasing an additional 1,829 shares in the last quarter.

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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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