Five Below, Inc. (NASDAQ:FIVE) is Pacifica Capital Investments LLC’s 2nd Largest Position

Pacifica Capital Investments LLC boosted its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 13.3% in the 4th quarter, Holdings Channel reports. The fund owned 658,553 shares of the specialty retailer’s stock after acquiring an additional 77,483 shares during the quarter. Five Below accounts for 22.3% of Pacifica Capital Investments LLC’s holdings, making the stock its 2nd largest holding. Pacifica Capital Investments LLC’s holdings in Five Below were worth $69,122,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in shares of Five Below by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 5,047,563 shares of the specialty retailer’s stock valued at $529,792,000 after buying an additional 43,537 shares during the period. State Street Corp grew its stake in shares of Five Below by 1.9% in the 3rd quarter. State Street Corp now owns 1,662,313 shares of the specialty retailer’s stock valued at $146,865,000 after buying an additional 31,520 shares during the period. Geode Capital Management LLC grew its stake in shares of Five Below by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 979,489 shares of the specialty retailer’s stock valued at $86,559,000 after buying an additional 11,504 shares during the period. Atreides Management LP purchased a new stake in shares of Five Below in the 3rd quarter valued at approximately $68,649,000. Finally, Two Sigma Advisers LP purchased a new stake in shares of Five Below in the 3rd quarter valued at approximately $64,981,000.

Insiders Place Their Bets

In other Five Below news, CAO Eric M. Specter sold 5,494 shares of the firm’s stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $90.76, for a total transaction of $498,635.44. Following 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 sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.90% of the stock is currently owned by insiders.

Five Below Price Performance

NASDAQ FIVE opened at $76.24 on Monday. The firm’s fifty day moving average price is $87.76 and its 200 day moving average price is $92.76. The company has a market capitalization of $4.19 billion, a price-to-earnings ratio of 15.72, a price-to-earnings-growth ratio of 1.19 and a beta of 1.11. Five Below, Inc. has a 12 month low of $64.87 and a 12 month high of $185.48.

Five Below (NASDAQ:FIVE) last posted its earnings results on Wednesday, March 19th. The specialty retailer reported $3.48 EPS for the quarter, beating analysts’ consensus estimates of $3.38 by $0.10. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.38 billion. Five Below had a net margin of 7.02% and a return on equity of 18.03%. The company’s revenue was up 4.0% on a year-over-year basis. During the same period last year, the firm posted $3.65 EPS. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Bank of America decreased their price objective on shares of Five Below from $88.00 to $75.00 and set an “underperform” rating on the stock in a report on Thursday. Loop Capital reduced their target price on shares of Five Below from $120.00 to $75.00 and set a “hold” rating on the stock in a report on Tuesday, March 18th. Guggenheim reduced their target price on shares of Five Below from $140.00 to $125.00 and set a “buy” rating on the stock in a report on Friday. UBS Group reduced their target price on shares of Five Below from $150.00 to $110.00 and set a “buy” rating on the stock in a report on Thursday. Finally, Wells Fargo & Company increased their target price on shares of Five Below from $115.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, December 5th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Five Below currently has a consensus rating of “Hold” and an average price target of $102.16.

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.