Telsey Advisory Group Has Lowered Expectations for Five Below (NASDAQ:FIVE) Stock Price

Five Below (NASDAQ:FIVE) had its target price decreased by analysts at Telsey Advisory Group from $115.00 to $85.00 in a report released on Tuesday,Benzinga reports. The brokerage presently has a “market perform” rating on the specialty retailer’s stock. Telsey Advisory Group’s price objective would suggest a potential upside of 14.29% from the stock’s current price.

Several other research firms have also weighed in on FIVE. William Blair reissued a “market perform” rating on shares of Five Below in a research report on Monday, December 2nd. Loop Capital upped their price target on Five Below from $90.00 to $120.00 and gave the stock a “hold” rating in a report on Thursday, December 5th. Guggenheim raised their price objective on shares of Five Below from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, December 5th. Morgan Stanley upped their target price on shares of Five Below from $100.00 to $120.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Finally, Mizuho raised their price target on shares of Five Below from $90.00 to $105.00 and gave the stock a “neutral” rating in a research report on Friday, December 6th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, Five Below presently has an average rating of “Hold” and an average target price of $109.74.

Five Below Stock Performance

Shares of NASDAQ:FIVE opened at $74.37 on Tuesday. The firm has a 50 day simple moving average of $89.81 and a 200 day simple moving average of $92.76. The company has a market cap of $4.09 billion, a PE ratio of 15.33, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below has a 52 week low of $64.87 and a 52 week high of $209.79.

Insider Transactions at Five Below

In related news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total value of $498,635.44. Following the completion of the transaction, the chief accounting officer now directly owns 57,267 shares of the company’s stock, valued at approximately $5,197,552.92. This trade represents a 8.75 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its position in Five Below by 70.0% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,201 shares of the specialty retailer’s stock valued at $756,000 after purchasing an additional 2,965 shares in the last quarter. Ascent Group LLC increased its position in shares of Five Below by 6.9% during the fourth quarter. Ascent Group LLC now owns 27,227 shares of the specialty retailer’s stock valued at $2,858,000 after buying an additional 1,769 shares during the period. Neo Ivy Capital Management purchased a new stake in Five Below in the fourth quarter worth $1,452,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Five Below by 15.5% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 162,893 shares of the specialty retailer’s stock worth $17,097,000 after purchasing an additional 21,867 shares during the period. Finally, Voloridge Investment Management LLC boosted its holdings in Five Below by 1,345.5% in the fourth quarter. Voloridge Investment Management LLC now owns 109,670 shares of the specialty retailer’s stock worth $11,511,000 after acquiring an additional 102,083 shares in the last quarter.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.