Five Below Inc (NASDAQ:FIVE) CFO Kenneth R. Bull sold 7,103 shares of the businesss stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $130.13, for a total value of $924,313.39. Following the transaction, the chief financial officer now directly owns 79,227 shares of the companys stock, valued at $10,309,809.51. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Five Below stock opened at $131.29 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.05 and a current ratio of 1.89. Five Below Inc has a 12 month low of $86.57 and a 12 month high of $148.21. The firm has a market cap of $7.35 billion, a PE ratio of 51.09, a P/E/G ratio of 1.56 and a beta of 0.80.
Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 5th. The specialty retailer reported $0.35 earnings per share for the quarter, hitting the Zacks consensus estimate of $0.35. The firm had revenue of $364.76 million during the quarter, compared to analyst estimates of $362.28 million. Five Below had a net margin of 9.43% and a return on equity of 25.21%. The businesss revenue was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.35 EPS. As a group, equities analysts expect that Five Below Inc will post 3.06 earnings per share for the current fiscal year.
A number of institutional investors have recently added to or reduced their stakes in the business. Optimum Investment Advisors bought a new stake in Five Below during the first quarter worth about $31,000. Mckinley Capital Management LLC Delaware acquired a new stake in Five Below in the fourth quarter worth $41,000. Quadrant Capital Group LLC raised its holdings in Five Below by 74.2% in the first quarter. Quadrant Capital Group LLC now owns 465 shares of the specialty retailers stock worth $55,000 after purchasing an additional 198 shares during the period. Icon Wealth Partners LLC acquired a new stake in Five Below in the first quarter worth $60,000. Finally, Carroll Financial Associates Inc. increased its position in shares of Five Below by 43.9% during the first quarter. Carroll Financial Associates Inc. now owns 492 shares of the specialty retailers stock worth $61,000 after acquiring an additional 150 shares in the last quarter. 95.60% of the stock is owned by hedge funds and other institutional investors.
A number of equities research analysts recently weighed in on FIVE shares. UBS Group upped their price target on Five Below from $120.00 to $132.00 and gave the stock a neutral rating in a report on Monday, June 3rd. BidaskClub lowered Five Below from a hold rating to a sell rating in a research note on Wednesday, March 20th. ValuEngine lowered Five Below from a strong-buy rating to a buy rating in a research report on Monday, April 1st. Bank of America began coverage on Five Below in a research report on Monday, April 15th. They issued a buy rating and a $150.00 price objective on the stock. Finally, Zacks Investment Research lowered Five Below from a hold rating to a sell rating in a research report on Tuesday, March 19th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, fourteen have assigned a buy rating and two have given a strong buy rating to the company. Five Below currently has an average rating of Buy and a consensus target price of $135.17.
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