Five Below, Inc. (FIVE) Hit 52-Week High

June 13, 2018 - By Julie Dion

Five Below, Inc. (NASDAQ:FIVE) Logo

Investors sentiment increased to 1.31 in 2018 Q1. Its up 0.26, from 1.05 in 2017Q4. It improved, as 28 investors sold Five Below, Inc. shares while 91 reduced holdings. 62 funds opened positions while 94 raised stakes. 58.32 million shares or 1.67% more from 57.36 million shares in 2017Q4 were reported.
Nj State Employees Deferred Compensation Plan reported 4,000 shares stake. Arizona State Retirement holds 0.06% of its portfolio in Five Below, Inc. (NASDAQ:FIVE) for 87,176 shares. Raymond James & has 0.01% invested in Five Below, Inc. (NASDAQ:FIVE) for 85,188 shares. Principal Gru holds 0.03% or 465,779 shares in its portfolio. Atria Invests Ltd, a North Carolina-based fund reported 5,493 shares. Dnb Asset Mgmt As, a Norway-based fund reported 72,095 shares. 44,174 are owned by Citigroup Inc. Ameritas Prtn has invested 0.02% of its portfolio in Five Below, Inc. (NASDAQ:FIVE). Moreover, Kennedy Capital Inc has 0.09% invested in Five Below, Inc. (NASDAQ:FIVE) for 62,935 shares. Menta Cap Limited Liability Corp, California-based fund reported 17,443 shares. Ameriprise Financial owns 1.16M shares or 0.04% of their US portfolio. Raymond James Financial Services holds 0.02% of its portfolio in Five Below, Inc. (NASDAQ:FIVE) for 40,364 shares. Stone Ridge Asset Management Ltd Llc owns 0.03% invested in Five Below, Inc. (NASDAQ:FIVE) for 7,131 shares. Aqr Capital Mgmt Limited Liability Company stated it has 39,331 shares or 0% of all its holdings. Sei Investments Co reported 45,293 shares or 0.01% of all its holdings.

Since December 14, 2017, it had 0 buys, and 1 insider sale for $480,538 activity. SPECTER ERIC M sold 15,000 shares worth $1.01M.

The stock of Five Below, Inc. (NASDAQ:FIVE) hit a new 52-week high and has $111.50 target or 8.00 % above today’s $103.24 share price. The 9 months bullish chart indicates low risk for the $5.74B company. The 1-year high was reported on Jun, 13 by Barchart.com. If the $111.50 price target is reached, the company will be worth $459.44 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.32% or $1.35 during the last trading session, reaching $103.24. About 383,354 shares traded. Five Below, Inc. (NASDAQ:FIVE) has risen 36.80% since June 13, 2017 and is uptrending. It has outperformed by 24.23% the S&P500.

Five Below, Inc. (NASDAQ:FIVE) Ratings Coverage

Among 13 analysts covering Five Below Inc (NASDAQ:FIVE), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. Five Below Inc has $117 highest and $58.0 lowest target. $94.25’s average target is -8.71% below currents $103.24 stock price. Five Below Inc had 18 analyst reports since December 27, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, June 7 by Deutsche Bank. The company was upgraded on Wednesday, January 3 by Deutsche Bank. As per Friday, March 23, the company rating was maintained by Loop Capital. M Partners maintained it with “Buy” rating and $86 target in Tuesday, February 20 report. The rating was upgraded by Gordon Haskett on Wednesday, January 31 to “Accumulate”. The company was maintained on Friday, June 8 by Citigroup. Buckingham Research maintained it with “Buy” rating and $78 target in Tuesday, March 20 report. The stock of Five Below, Inc. (NASDAQ:FIVE) has “Buy” rating given on Friday, May 25 by Deutsche Bank. The firm has “Buy” rating given on Thursday, June 7 by Buckingham Research. The company was maintained on Thursday, March 22 by Guggenheim.

More notable recent Five Below, Inc. (NASDAQ:FIVE) news were published by: Benzinga.com which released: “Wall Street Weighs In On Five Below’s Q1 Earnings” on June 08, 2018, also 247Wallst.com with their article: “Why Five Below Is One of Thursday’s Big Earnings Winners” published on June 07, 2018, Nasdaq.com published: “Five Below Partners With Philadelphia Eagles for 2018 Eagles Autism Challenge 5K Run/Walk” on May 18, 2018. More interesting news about Five Below, Inc. (NASDAQ:FIVE) were released by: Nasdaq.com and their article: “What Investors Missed in Five Below’s Earnings Report” published on June 10, 2018 as well as Nasdaq.com‘s news article titled: “Five Below, Inc. Announces First Quarter Fiscal 2018 Earnings Conference Call” with publication date: May 23, 2018.

Five Below, Inc. operates as a specialty value retailer in the United States. The company has market cap of $5.74 billion. 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, pillows, candles, incense, and related items, as well as provides storage options for the customerÂ’s room and locker. It has a 49.7 P/E ratio. The firm also provides sport balls; team sports merchandise and fitness accessories, such as hand weights, jump ropes, and gym balls; games, including name brand board games, puzzles, toys, and plush items; and pool, beach and outdoor toys, games, and accessories.

Five Below, Inc. (NASDAQ:FIVE) Institutional Positions Chart

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