Stock Traders Purchase High Volume of Five Below Call Options (NASDAQ:FIVE)

Five Below, Inc. (NASDAQ:FIVE) was the target of unusually large options trading activity on Monday. Traders purchased 13,195 call options on the stock. This represents an increase of approximately 137% compared to the average volume of 5,578 call options.

Wall Street Analyst Weigh In

FIVE has been the topic of several research analyst reports. Barclays lowered Five Below from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $176.00 to $90.00 in a research note on Wednesday, July 17th. Craig Hallum lifted their price target on shares of Five Below from $102.00 to $125.00 and gave the company a “buy” rating in a report on Wednesday, October 2nd. Gordon Haskett downgraded shares of Five Below from an “accumulate” rating to a “hold” rating in a research note on Wednesday, July 24th. JPMorgan Chase & Co. cut shares of Five Below from a “neutral” rating to an “underweight” rating and boosted their target price for the stock from $89.00 to $95.00 in a research note on Thursday, September 19th. Finally, Guggenheim lowered their price target on shares of Five Below from $165.00 to $125.00 and set a “buy” rating for the company in a report on Wednesday, July 17th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $111.60.

Institutional Investors Weigh In On Five Below

A number of hedge funds have recently added to or reduced their stakes in the company. Price T Rowe Associates Inc. MD raised its holdings in shares of Five Below by 1.0% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 3,799,561 shares of the specialty retailer’s stock worth $689,165,000 after acquiring an additional 38,419 shares during the last quarter. Capital World Investors increased its holdings in Five Below by 2.5% during the 1st quarter. Capital World Investors now owns 2,403,415 shares of the specialty retailer’s stock worth $435,931,000 after purchasing an additional 58,883 shares in the last quarter. Riverbridge Partners LLC raised its stake in shares of Five Below by 5.5% in the second quarter. Riverbridge Partners LLC now owns 1,377,908 shares of the specialty retailer’s stock worth $150,151,000 after purchasing an additional 72,020 shares during the last quarter. Point72 Asset Management L.P. lifted its holdings in shares of Five Below by 556.2% in the second quarter. Point72 Asset Management L.P. now owns 908,425 shares of the specialty retailer’s stock valued at $98,991,000 after purchasing an additional 769,980 shares in the last quarter. Finally, Marshall Wace LLP boosted its position in shares of Five Below by 51.9% during the second quarter. Marshall Wace LLP now owns 605,703 shares of the specialty retailer’s stock valued at $66,003,000 after buying an additional 207,083 shares during the last quarter.

Five Below Stock Down 1.4 %

FIVE stock opened at $93.69 on Wednesday. The firm has a market cap of $5.15 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.06 and a beta of 1.20. The company’s fifty day simple moving average is $89.89 and its 200 day simple moving average is $102.80. Five Below has a 12-month low of $64.87 and a 12-month high of $216.18.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 28th. The specialty retailer reported $0.54 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.54. Five Below had a return on equity of 18.16% and a net margin of 7.57%. The company had revenue of $830.07 million for the quarter, compared to the consensus estimate of $821.95 million. Research analysts expect that Five Below will post 4.55 earnings per share for the current year.

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.