[ad_1]
Manufacturers’ Life Insurance Company cut its stake in Five Below (NASDAQ:FIVE – Get Rating) by 3.3% in the third quarter. The company owned his 44,982 shares of specialty retailer stock after selling his 1,536 shares during the period. Manufacturers’ Life Insurance Company said at the end of the most recent quarter he owned approximately 0.08% of Five Below, which was worth $6,193,000.
Several other hedge funds and other institutional investors have also recently changed their holdings of FIVE. Private Trust Co. NA purchased new shares of Five Below worth approximately $28,000 in the second quarter. The Canada Pension Plan Investment Board increased his stake in Five Below by 93.0% in the first quarter. The Canada Pension Plan Investment Board now owns 193 shares of the specialty retailer worth $31,000 after purchasing an additional 93 shares during the previous quarter. First Horizon Advisors Inc. increased its stake in Five Below by 2,876.9% in the second quarter. First Horizon Advisors Inc. now owns 387 shares of the specialty retailer worth $43,000 after purchasing an additional 374 shares during the previous quarter. Castle Wealth Management LLC purchased his $59,000 worth of Five Below shares in the second quarter. Finally, Wipfli Financial Advisors LLC purchased $63,000 worth of additional Five Below shares in the third quarter.
Analyst upgrades and downgrades
A number of equity research analysts have recently published reports on the FIVE stock. JPMorgan Chase & Co. raised its price target for Five Below to $204.00 from $184.00 in its research notes on Thursday, Dec. 1. Citigroup raised its price target for Five Below to $186.00 from $170.00 in its research notes on Monday, November 28. William Blair kicked off coverage of Five His Below shares in an investigative report on Wednesday, Dec. 7. They set an “excellent” rating for the company. Evercore ISI raised its price target on Five Below shares from his $155.00 to his $170.00 in a research report on Thursday, Dec. 1. Finally, Oppenheimer said in his Wednesday Jan. 25 research report that Five raised his price target for Below shares from $165.00 to $235.00, giving the company an “outperform” rating. gave. Four equity research analysts gave the stock a hold rating and 18 gave the company a buy rating. Based on MarketBeat.com data, the company has an average rating of “moderate buy” and a consensus price target of $188.48.
5 Performance below price
Five Below shares opened at $195.23 on Monday. His 50-day moving average for the company is $177.89 and his 200-day moving average is $151.65. The company has a market capitalization of $10.84 billion, a price/earnings ratio of 47.50, a PEG ratio of 2.20 and a beta of 1.11. Five Below, Inc. has a one-year low of $109.49 and a one-year high of $196.45.
Five Below (NASDAQ:FIVE – Get Rating) last reported quarterly results on Wednesday, November 30. The specialty retailer had his earnings per share (EPS) of $0.29 for the quarter, beating consensus expectations of $0.14 for him by $0.15. The company’s earnings for the quarter he had $645.03 million, while analyst estimates put him at $611.16 million. Five Below posted a net profit margin of 7.81% and a return on equity of 20.11%. On average, equity analysts expect Five Below, Inc. to post 4.69 EPS this year.
insider trading
In related news, CMO Michael Romanko sold 3,756 shares in trading on Friday, December 2nd. The shares sold for an average of $186.74, giving him a total of $701,395.44. Following the closing of the transaction, the Chief Marketing Officer now directly owns 12,651 shares of the company’s stock valued at approximately $2,362,447.74. The sale is disclosed in documents filed with the SEC, which can be accessed via this hyperlink. In other Five His Below News, CMO Michael Romanko sold 3,756 shares of the company’s stock in his Friday, Dec. 2 deal. The shares sold for an average of $186.74, and the total transaction value he had was $701,395.44. Following the closing of the sale, the Chief Marketing Officer now directly owns 12,651 shares in the company, valued at approximately $2,362,447.74. The deal is disclosed in documents filed with the SEC and can be accessed at the SEC’s website. Also, CAO Eric M. Specter sold 9,500 shares of the company in a transaction on Friday, December 2nd. The shares sold for an average of $183.79, and the total transaction value he had was $1,746,005.00. After the sale, the Chief Accounting Officer now owns 31,243 shares of the Company’s stock valued at $5,742,150.97. Please see here for the disclosure of this sale. Insiders say that in the past three months he has sold 37,325 shares of company stock worth $6,919,010. His 1.90% of the shares are owned by corporate insiders.
5 below company profile
(get rating)
Five Below, Inc operates as a specialty value retailer in the United States. Accessories include socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, t-shirts, nail polish, lip gloss, fragrances and branded cosmetics. Items used to complete and personalize your living space, including glitter lamps, posters, frames, fleece blankets, plush toys, pillows, candles, incense, lighting, novelty decor, accent furniture, and related items. your room.
Recommended stories
This instant news alert was generated by Narrative Science Technology and MarketBeat financial data to provide our readers with the fastest and most accurate reporting. This article was reviewed by MarketBeat’s editorial team prior to publication. Send any questions or comments about this story to contact@marketbeat.com.
Listen to this before considering Five Below.
MarketBeat tracks Wall Street’s most acclaimed and top performing research analysts and the stocks they recommend to clients every day. MarketBeat has identified 5 stocks top analysts are quietly whispering to their clients to buy now before the broader market catches on…and the Five Below weren’t on the list. bottom.
Five Below currently holds a ‘moderate buy’ rating among analysts, although the highest rated analysts believe these five stocks are better buys.
See 5 stocks here
[ad_2]
Source link
