Dimensional Fund Advisors LP lessened its holdings in shares of Five Below Inc (NASDAQ:FIVE) by 7.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,150,586 shares of the specialty retailer’s stock after selling 89,386 shares during the period. Dimensional Fund Advisors LP’s holdings in Five Below were worth $112,426,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the company. Twin Tree Management LP acquired a new position in Five Below in the second quarter valued at $164,000. CIBC Asset Management Inc acquired a new position in Five Below in the second quarter valued at $201,000. Oakbrook Investments LLC acquired a new position in Five Below in the second quarter valued at $215,000. FineMark National Bank & Trust acquired a new position in Five Below in the second quarter valued at $220,000. Finally, BKS Advisors LLC acquired a new position in Five Below in the second quarter valued at $220,000.

In other news, EVP Michael Romanko sold 6,673 shares of the company’s stock in a transaction dated Monday, June 25th. The shares were sold at an average price of $98.78, for a total transaction of $659,158.94. Following the transaction, the executive vice president now owns 14,784 shares in the company, valued at $1,460,363.52. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Kenneth R. Bull sold 19,204 shares of the company’s stock in a transaction dated Monday, June 25th. The shares were sold at an average price of $99.00, for a total transaction of $1,901,196.00. Following the transaction, the chief financial officer now owns 72,990 shares in the company, valued at approximately $7,226,010. The disclosure for this sale can be found here. Insiders have sold 141,806 shares of company stock worth $14,531,056 in the last quarter. Company insiders own 2.60% of the company’s stock.

FIVE has been the topic of several recent analyst reports. Buckingham Research boosted their target price on shares of Five Below from $78.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, June 7th. BidaskClub lowered shares of Five Below from a “buy” rating to a “hold” rating in a report on Friday, May 11th. Gordon Haskett lowered shares of Five Below from an “accumulate” rating to a “hold” rating in a report on Wednesday, July 25th. They noted that the move was a valuation call. Credit Suisse Group boosted their target price on shares of Five Below from $88.00 to $96.00 and gave the company an “outperform” rating in a report on Thursday, June 7th. Finally, Morgan Stanley boosted their target price on shares of Five Below from $71.00 to $78.00 and gave the company a “hold” rating in a report on Friday, June 8th. Seven equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and two have given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $112.18.

Shares of NASDAQ FIVE opened at $130.89 on Friday. Five Below Inc has a 1-year low of $48.73 and a 1-year high of $136.13. The stock has a market cap of $6.43 billion, a PE ratio of 54.23, a P/E/G ratio of 1.68 and a beta of 0.52.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Thursday, September 6th. The specialty retailer reported $0.42 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.04. Five Below had a net margin of 8.83% and a return on equity of 26.98%. The firm had revenue of $347.73 million for the quarter, compared to analyst estimates of $334.82 million. During the same quarter in the prior year, the business earned $0.30 earnings per share. The business’s quarterly revenue was up 22.7% compared to the same quarter last year. sell-side analysts forecast that Five Below Inc will post 2.46 EPS for the current fiscal year.

Five Below Profile

Five Below, Inc operates as a specialty value retailer in the United States. It offers accessories, including novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and T-shirts, as well as beauty products comprising nail polish, lip gloss, fragrance, and branded cosmetics; and items used to complete and personalize living space, including glitter lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty d├ęcor, and related items, as well as provides storage options for the customers room.

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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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