Five Below, Inc. (NASDAQ:FIVE) insider Thomas Vellios sold 142,573 shares of the firm’s stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $55.13, for a total value of $7,860,049.49. Following the completion of the sale, the insider now directly owns 757,823 shares in the company, valued at $41,778,781.99. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Five Below, Inc. (FIVE) traded up 1.07% on Tuesday, reaching $55.54. The company’s stock had a trading volume of 481,948 shares. The stock has a 50 day moving average price of $50.18 and a 200-day moving average price of $48.66. Five Below, Inc. has a 1-year low of $35.03 and a 1-year high of $55.58. The company has a market capitalization of $3.07 billion, a price-to-earnings ratio of 38.36 and a beta of 0.89.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, August 30th. The specialty retailer reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.26 by $0.04. The company had revenue of $283.30 million during the quarter, compared to analysts’ expectations of $276.37 million. Five Below had a net margin of 7.29% and a return on equity of 24.37%. The business’s quarterly revenue was up 28.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.18 earnings per share. Equities analysts predict that Five Below, Inc. will post $1.67 earnings per share for the current fiscal year.

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Several analysts have commented on the company. Loop Capital restated a “buy” rating and issued a $60.00 price target on shares of Five Below in a report on Friday, June 30th. Zacks Investment Research upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $55.00 price objective on the stock in a report on Wednesday, August 23rd. Jefferies Group LLC reiterated a “buy” rating and set a $62.00 price objective on shares of Five Below in a report on Wednesday, August 23rd. Dougherty & Co reiterated a “buy” rating on shares of Five Below in a report on Friday, August 18th. Finally, BidaskClub raised shares of Five Below from a “hold” rating to a “buy” rating in a research report on Tuesday, August 8th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, thirteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $54.15.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. First Mercantile Trust Co. boosted its stake in Five Below by 1.7% during the 2nd quarter. First Mercantile Trust Co. now owns 2,350 shares of the specialty retailer’s stock valued at $116,000 after purchasing an additional 40 shares during the period. Strs Ohio grew its holdings in Five Below by 30.4% in the 1st quarter. Strs Ohio now owns 3,000 shares of the specialty retailer’s stock valued at $129,000 after buying an additional 700 shares during the last quarter. Invictus RG acquired a new stake in Five Below in the 1st quarter valued at approximately $183,000. Ameritas Investment Partners Inc. acquired a new stake in Five Below in the 1st quarter valued at approximately $200,000. Finally, Raymond James Trust N.A. acquired a new stake in Five Below in the 2nd quarter valued at approximately $205,000.

About Five Below

Five Below, Inc is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Company offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. Its product groups include leisure, fashion and home, and party and snack.

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