5,141 Shares in Five Below, Inc. (NASDAQ:FIVE) Acquired by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC bought a new stake in Five Below, Inc. (NASDAQ:FIVE) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,141 shares of the specialty retailer’s stock, valued at approximately $254,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. BlackRock Inc. increased its stake in shares of Five Below by 27,003.0% in the first quarter. BlackRock Inc. now owns 6,826,168 shares of the specialty retailer’s stock valued at $295,641,000 after buying an additional 6,800,982 shares in the last quarter. Vanguard Group Inc. increased its stake in shares of Five Below by 5.1% in the first quarter. Vanguard Group Inc. now owns 4,811,926 shares of the specialty retailer’s stock valued at $208,404,000 after buying an additional 235,589 shares in the last quarter. State Street Corp increased its stake in shares of Five Below by 6.1% in the first quarter. State Street Corp now owns 1,395,427 shares of the specialty retailer’s stock valued at $60,437,000 after buying an additional 79,961 shares in the last quarter. GW&K Investment Management LLC increased its stake in shares of Five Below by 5.2% in the second quarter. GW&K Investment Management LLC now owns 1,272,705 shares of the specialty retailer’s stock valued at $62,833,000 after buying an additional 62,358 shares in the last quarter. Finally, TimesSquare Capital Management LLC bought a new stake in shares of Five Below during the first quarter valued at about $31,188,000.

Five Below, Inc. (NASDAQ FIVE) traded up 0.43% during trading on Friday, reaching $48.50. The company had a trading volume of 340,674 shares. The firm has a 50-day moving average price of $47.96 and a 200 day moving average price of $45.64. The stock has a market cap of $2.67 billion, a P/E ratio of 36.49 and a beta of 0.94. Five Below, Inc. has a 12-month low of $35.03 and a 12-month high of $54.13.

Five Below (NASDAQ:FIVE) last released its earnings results on Thursday, June 1st. The specialty retailer reported $0.15 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.14 by $0.01. Five Below had a net margin of 7.06% and a return on equity of 24.02%. The firm had revenue of $232.90 million during the quarter, compared to analyst estimates of $230.75 million. During the same quarter in the previous year, the business earned $0.12 EPS. The business’s revenue was up 20.9% on a year-over-year basis. Equities research analysts predict that Five Below, Inc. will post $1.64 EPS for the current fiscal year.

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Several analysts recently issued reports on the company. UBS AG increased their price target on Five Below from $50.00 to $59.00 and gave the company a “buy” rating in a report on Friday, June 2nd. BidaskClub upgraded Five Below from a “hold” rating to a “buy” rating in a report on Tuesday. BTIG Research reiterated a “neutral” rating on shares of Five Below in a report on Saturday, June 3rd. Loop Capital reiterated a “buy” rating and issued a $60.00 price target (up from $54.00) on shares of Five Below in a report on Friday, June 2nd. Finally, Guggenheim reiterated a “buy” rating and issued a $60.00 price target (up from $52.00) on shares of Five Below in a report on Saturday, June 3rd. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and twelve have given a buy rating to the stock. Five Below has a consensus rating of “Buy” and a consensus price target of $53.74.

In other news, CFO Kenneth R. Bull sold 17,300 shares of the business’s stock in a transaction dated Thursday, June 8th. The shares were sold at an average price of $53.90, for a total transaction of $932,470.00. Following the transaction, the chief financial officer now owns 76,544 shares in the company, valued at approximately $4,125,721.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 3.22% of the company’s stock.

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.

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

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