Tandem Investment Advisors Inc. Sells 1,193 Shares of Five Below, Inc. (NASDAQ:FIVE)

Tandem Investment Advisors Inc. lowered its stake in Five Below, Inc. (NASDAQ:FIVE) by 6.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,591 shares of the specialty retailer’s stock after selling 1,193 shares during the period. Tandem Investment Advisors Inc.’s holdings in Five Below were worth $3,963,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sunbelt Securities Inc. grew its position in Five Below by 76.3% in the second quarter. Sunbelt Securities Inc. now owns 134 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 58 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Five Below by 93.0% in the first quarter. Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 93 shares in the last quarter. Planned Solutions Inc. purchased a new position in shares of Five Below during the fourth quarter valued at approximately $34,000. CVA Family Office LLC purchased a new position in shares of Five Below during the fourth quarter valued at approximately $36,000. Finally, Coppell Advisory Solutions LLC purchased a new position in shares of Five Below during the second quarter valued at approximately $40,000.

Analyst Ratings Changes

Several brokerages have issued reports on FIVE. JPMorgan Chase & Co. dropped their target price on Five Below from $222.00 to $215.00 and set an “overweight” rating for the company in a research report on Thursday, March 21st. Oppenheimer lowered Five Below from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $235.00 to $200.00 in a research report on Tuesday, January 30th. Barclays dropped their target price on Five Below from $225.00 to $214.00 and set an “overweight” rating for the company in a research report on Friday, March 22nd. Telsey Advisory Group dropped their target price on Five Below from $230.00 to $220.00 and set an “outperform” rating for the company in a research report on Thursday, March 21st. Finally, UBS Group dropped their target price on Five Below from $270.00 to $245.00 and set a “buy” rating for the company in a research report on Thursday, March 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $212.83.

Five Below Stock Performance

NASDAQ:FIVE traded up $2.80 during trading hours on Wednesday, reaching $152.10. The company’s stock had a trading volume of 1,078,326 shares, compared to its average volume of 874,502. The company has a market capitalization of $8.40 billion, a P/E ratio of 27.55, a price-to-earnings-growth ratio of 1.22 and a beta of 1.19. Five Below, Inc. has a 12 month low of $144.57 and a 12 month high of $216.18. The stock has a 50 day moving average price of $186.30 and a two-hundred day moving average price of $186.14.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, March 20th. The specialty retailer reported $3.65 EPS for the quarter, missing analysts’ consensus estimates of $3.78 by ($0.13). The business had revenue of $1.34 billion during the quarter, compared to the consensus estimate of $1.35 billion. Five Below had a return on equity of 20.80% and a net margin of 8.46%. The business’s quarterly revenue was up 19.1% on a year-over-year basis. During the same period last year, the firm earned $3.07 EPS. As a group, analysts predict that Five Below, Inc. will post 6.06 EPS for the current fiscal year.

Insider Buying and Selling

In other news, Director Thomas Vellios sold 10,000 shares of the company’s stock in a transaction on Friday, January 19th. The stock was sold at an average price of $185.82, for a total transaction of $1,858,200.00. Following the transaction, the director now directly owns 333,697 shares of the company’s stock, valued at $62,007,576.54. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 1.80% of the stock is currently owned by insiders.

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.