Gilder Gagnon Howe & Co. LLC lessened its holdings in shares of Five Below Inc (NASDAQ:FIVE) by 0.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 705,650 shares of the specialty retailer’s stock after selling 4,086 shares during the quarter. Gilder Gagnon Howe & Co. LLC’s holdings in Five Below were worth $87,677,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also modified their holdings of FIVE. Norges Bank purchased a new position in shares of Five Below during the 4th quarter worth $54,154,000. Vanguard Group Inc boosted its stake in shares of Five Below by 5.4% during the 3rd quarter. Vanguard Group Inc now owns 5,123,587 shares of the specialty retailer’s stock worth $666,374,000 after acquiring an additional 261,259 shares during the last quarter. Macquarie Group Ltd. boosted its stake in shares of Five Below by 47.6% during the 4th quarter. Macquarie Group Ltd. now owns 780,442 shares of the specialty retailer’s stock worth $79,855,000 after acquiring an additional 251,655 shares during the last quarter. Westfield Capital Management Co. LP boosted its stake in shares of Five Below by 104.7% during the 1st quarter. Westfield Capital Management Co. LP now owns 399,178 shares of the specialty retailer’s stock worth $49,598,000 after acquiring an additional 204,195 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Five Below by 1,054.6% during the 1st quarter. Victory Capital Management Inc. now owns 217,196 shares of the specialty retailer’s stock worth $26,987,000 after acquiring an additional 198,385 shares during the last quarter. Institutional investors and hedge funds own 95.60% of the company’s stock.

Several brokerages have recently weighed in on FIVE. Credit Suisse Group lifted their price target on shares of Five Below from $120.00 to $125.00 and gave the stock a “neutral” rating in a research note on Thursday, June 6th. ValuEngine upgraded shares of Five Below from a “buy” rating to a “strong-buy” rating in a research note on Friday, April 19th. UBS Group lifted their price target on shares of Five Below from $120.00 to $132.00 and gave the stock a “neutral” rating in a research note on Monday, June 3rd. Zacks Investment Research cut shares of Five Below from a “buy” rating to a “hold” rating in a research note on Tuesday, February 26th. Finally, BidaskClub cut shares of Five Below from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. One analyst has rated the stock with a sell rating, four have issued a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $135.17.

In other Five Below news, CFO Kenneth R. Bull sold 7,103 shares of the business’s stock in a transaction on Wednesday, June 12th. The shares were sold at an average price of $130.13, for a total value of $924,313.39. Following the sale, the chief financial officer now owns 79,227 shares in the company, valued at approximately $10,309,809.51. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Eric M. Specter sold 15,000 shares of the business’s stock in a transaction on Friday, April 12th. The stock was sold at an average price of $133.60, for a total transaction of $2,004,000.00. Following the completion of the sale, the chief accounting officer now owns 35,108 shares in the company, valued at approximately $4,690,428.80. The disclosure for this sale can be found here. In the last quarter, insiders sold 62,484 shares of company stock worth $8,268,317. Corporate insiders own 2.50% of the company’s stock.

FIVE opened at $131.82 on Monday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.05 and a current ratio of 1.89. Five Below Inc has a fifty-two week low of $86.57 and a fifty-two week high of $148.21. The firm has a market cap of $7.38 billion, a P/E ratio of 51.29, a PEG ratio of 1.57 and a beta of 0.81.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.35. Five Below had a net margin of 9.43% and a return on equity of 25.21%. The company had revenue of $364.76 million for the quarter, compared to analysts’ expectations of $362.28 million. During the same quarter in the previous year, the company earned $0.35 EPS. Five Below’s revenue for the quarter was up 23.1% on a year-over-year basis. As a group, equities analysts expect that Five Below Inc will post 3.06 earnings per share for the current year.

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About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as nail polishes, lip glosses, fragrances, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

See Also: What are Institutional Investors?

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

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