Five Below Inc. (NASDAQ:FIVE) dropped 4.2% on Tuesday . The company traded as low as $48.07 and last traded at $48.12, with a volume of 430,765 shares traded. The stock had previously closed at $50.25.

FIVE has been the topic of a number of analyst reports. Zacks Investment Research lowered shares of Five Below from a “hold” rating to a “sell” rating in a report on Tuesday, April 19th. Citigroup Inc. reiterated a “neutral” rating on shares of Five Below in a research note on Wednesday, June 8th. Buckingham Research reiterated a “buy” rating and issued a $50.00 price objective (up previously from $45.00) on shares of Five Below in a research note on Tuesday, June 7th. Deutsche Bank AG reiterated a “hold” rating and issued a $46.00 price objective (up previously from $39.00) on shares of Five Below in a research note on Tuesday. Finally, Goldman Sachs Group Inc. reiterated a “sell” rating and issued a $31.00 price objective (up previously from $30.00) on shares of Five Below in a research note on Friday, June 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $44.69.

The company has a market cap of $2.65 billion and a P/E ratio of 44.45. The stock’s 50 day moving average price is $47.64 and its 200-day moving average price is $41.09.

Five Below (NASDAQ:FIVE) last announced its earnings results on Thursday, June 2nd. The company reported $0.12 EPS for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.02. The company earned $192.70 million during the quarter, compared to the consensus estimate of $187.97 million. Five Below’s revenue for the quarter was up 25.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.08 earnings per share. Equities research analysts anticipate that Five Below Inc. will post $1.31 earnings per share for the current year.

In related news, CFO Kenneth R. Bull sold 34,600 shares of the firm’s stock in a transaction on Wednesday, June 8th. The stock was sold at an average price of $45.06, for a total value of $1,559,076.00. Following the transaction, the chief financial officer now directly owns 59,682 shares of the company’s stock, valued at approximately $2,689,270.92. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

A number of institutional investors recently made changes to their positions in FIVE. Principal Financial Group Inc. boosted its position in shares of Five Below by 5,126.2% in the fourth quarter. Principal Financial Group Inc. now owns 366,040 shares of the company’s stock worth $11,750,000 after buying an additional 359,036 shares in the last quarter. KDI Capital Partners LLC boosted its position in shares of Five Below by 4,861.9% in the fourth quarter. KDI Capital Partners LLC now owns 301,733 shares of the company’s stock worth $9,686,000 after buying an additional 295,652 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Five Below by 33.9% in the fourth quarter. Jennison Associates LLC now owns 860,789 shares of the company’s stock worth $27,631,000 after buying an additional 217,749 shares in the last quarter. Comerica Bank bought a new position in shares of Five Below during the fourth quarter worth approximately $1,886,000. Finally, Whitebox Advisors LLC bought a new position in shares of Five Below during the fourth quarter worth approximately $1,677,000.

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. The Company’s product groups include leisure, fashion and home, and party and snack.

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