Ronald James Masciantonio Sells 584 Shares of Five Below, Inc. (NASDAQ:FIVE) Stock

Five Below, Inc. (NASDAQ:FIVE) EVP Ronald James Masciantonio sold 584 shares of the company’s stock in a transaction dated Monday, March 24th. The stock was sold at an average price of $78.04, for a total value of $45,575.36. Following the completion of the sale, the executive vice president now owns 12,658 shares in the company, valued at $987,830.32. The trade was a 4.41 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Five Below Stock Performance

Shares of FIVE traded up $2.99 during midday trading on Monday, hitting $79.23. The company had a trading volume of 1,837,395 shares, compared to its average volume of 1,762,499. The company’s 50-day simple moving average is $87.34 and its 200-day simple moving average is $92.78. Five Below, Inc. has a 1 year low of $64.87 and a 1 year high of $185.48. The firm has a market capitalization of $4.36 billion, a P/E ratio of 16.34, a P/E/G ratio of 1.19 and a beta of 1.11.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, topping analysts’ consensus estimates of $3.38 by $0.10. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The firm had revenue of $1.39 billion during the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the firm posted $3.65 earnings per share. The company’s revenue was up 4.0% compared to the same quarter last year. Equities analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FIVE has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. cut their price objective on Five Below from $107.00 to $102.00 and set an “underweight” rating for the company in a research report on Thursday, January 16th. StockNews.com lowered shares of Five Below from a “hold” rating to a “sell” rating in a research note on Friday, December 13th. UBS Group cut their price objective on Five Below from $150.00 to $110.00 and set a “buy” rating for the company in a research note on Thursday. Mizuho lowered their target price on shares of Five Below from $105.00 to $88.00 and set a “neutral” rating on the stock in a research note on Thursday. Finally, Loop Capital reduced their target price on shares of Five Below from $120.00 to $75.00 and set a “hold” rating for the company in a research report on Tuesday, March 18th. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, Five Below has an average rating of “Hold” and a consensus target price of $102.16.

Institutional Trading of Five Below

Several institutional investors have recently modified their holdings of the stock. Brooklyn Investment Group purchased a new stake in shares of Five Below in the 3rd quarter valued at about $30,000. Proficio Capital Partners LLC purchased a new stake in Five Below in the 4th quarter valued at $31,000. UMB Bank n.a. boosted its stake in Five Below by 156.9% during the 4th quarter. UMB Bank n.a. now owns 334 shares of the specialty retailer’s stock worth $35,000 after purchasing an additional 204 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Five Below during the 3rd quarter worth $42,000. Finally, Coppell Advisory Solutions LLC grew its holdings in shares of Five Below by 143.8% during the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer’s stock worth $45,000 after buying an additional 253 shares during the last quarter.

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.