Five Below (NASDAQ:FIVE) Given New $211.00 Price Target at Barclays

Five Below (NASDAQ:FIVEFree Report) had its price objective hoisted by Barclays from $193.00 to $211.00 in a research report released on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the specialty retailer’s stock.

Several other equities analysts also recently weighed in on FIVE. Deutsche Bank Aktiengesellschaft upgraded Five Below from a “hold” rating to a “buy” rating and set a $242.00 target price on the stock in a research report on Thursday, January 8th. UBS Group set a $255.00 target price on shares of Five Below in a report on Tuesday, January 13th. Wall Street Zen lowered shares of Five Below from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $206.00 price objective on shares of Five Below in a research note on Monday, February 9th. Finally, Telsey Advisory Group raised their target price on shares of Five Below from $195.00 to $240.00 and gave the stock an “outperform” rating in a research note on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $205.75.

View Our Latest Research Report on Five Below

Five Below Trading Up 0.6%

FIVE stock opened at $221.05 on Tuesday. Five Below has a 12-month low of $52.38 and a 12-month high of $229.33. The business’s 50-day moving average is $204.10 and its 200 day moving average is $174.70. The stock has a market cap of $12.19 billion, a price-to-earnings ratio of 39.69, a PEG ratio of 1.68 and a beta of 1.10.

Insider Activity

In other news, Director Kathleen S. Barclay sold 2,200 shares of Five Below stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $182.03, for a total transaction of $400,466.00. Following the sale, the director owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. The trade was a 19.27% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider George Hill sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $182.09, for a total value of $1,365,675.00. Following the completion of the transaction, the insider owned 32,913 shares in the company, valued at $5,993,128.17. This represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 25,225 shares of company stock valued at $4,901,695. Company insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On Five Below

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FIVE. Eastern Bank raised its stake in shares of Five Below by 705.0% in the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 141 shares during the period. Elevation Point Wealth Partners LLC acquired a new position in shares of Five Below in the 2nd quarter worth approximately $26,000. Advisory Services Network LLC purchased a new position in shares of Five Below during the 3rd quarter worth approximately $32,000. Bayban acquired a new stake in Five Below in the 4th quarter valued at approximately $34,000. Finally, V Square Quantitative Management LLC acquired a new stake in Five Below in the 4th quarter valued at approximately $35,000.

Key Five Below News

Here are the key news stories impacting Five Below this week:

About Five Below

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Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

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