Five Below, Inc. (NASDAQ:FIVE) Receives $205.75 Consensus PT from Brokerages

Shares of Five Below, Inc. (NASDAQ:FIVE) have earned an average recommendation of “Moderate Buy” from the twenty-two ratings firms that are covering the firm, MarketBeat Ratings reports. Eight analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $205.75.

FIVE has been the topic of a number of recent research reports. Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a research note on Friday, January 16th. Loop Capital reissued a “buy” rating and set a $200.00 price target on shares of Five Below in a research report on Wednesday, December 17th. Mizuho boosted their price target on Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Evercore upped their price objective on Five Below from $180.00 to $185.00 and gave the company an “in-line” rating in a research report on Tuesday, December 23rd. Finally, Deutsche Bank Aktiengesellschaft raised Five Below from a “hold” rating to a “buy” rating and set a $242.00 price objective on the stock in a research note on Thursday, January 8th.

Five Below Price Performance

FIVE stock opened at $211.67 on Friday. The company’s 50 day simple moving average is $205.92 and its 200-day simple moving average is $176.68. The firm has a market capitalization of $11.68 billion, a PE ratio of 38.00, a P/E/G ratio of 1.61 and a beta of 1.10. Five Below has a 12 month low of $52.38 and a 12 month high of $229.33.

Insider Transactions at Five Below

In other Five Below news, COO Kenneth R. Bull sold 5,100 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $203.21, for a total value of $1,036,371.00. Following the transaction, the chief operating officer directly owned 101,040 shares in the company, valued at approximately $20,532,338.40. This represents a 4.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Eric M. Specter sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $201.15, for a total transaction of $1,709,775.00. Following the sale, the chief accounting officer directly owned 45,724 shares in the company, valued at $9,197,382.60. This represents a 15.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 15,525 shares of company stock worth $3,135,554. 1.90% of the stock is owned by insiders.

Institutional Trading of Five Below

Hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Five Below by 40,774,210.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock valued at $10,445,139,000 after acquiring an additional 55,452,926 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Five Below by 1.3% during the 3rd quarter. Vanguard Group Inc. now owns 5,376,471 shares of the specialty retailer’s stock worth $831,740,000 after purchasing an additional 69,101 shares during the period. American Century Companies Inc. boosted its holdings in shares of Five Below by 21.6% during the third quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer’s stock worth $289,771,000 after purchasing an additional 332,615 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Five Below by 54.6% during the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock worth $336,254,000 after purchasing an additional 630,710 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of Five Below by 3.1% in the fourth quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock valued at $284,121,000 after purchasing an additional 45,761 shares during the period.

Five Below Company Profile

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.