A Director at Five Below Inc (NASDAQ: FIVE) is Selling Shares

By Carrie Williams

Today, a Director at Five Below Inc (NASDAQ: FIVE), Thomas M. Ryan, sold shares of FIVE for $3.61M.

In addition to Thomas M. Ryan, 6 other FIVE executives reported Sell trades in the last month. This is Ryan’s first transaction since reporting a Buy transaction on YUM back in January 2016

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Based on Five Below Inc’s latest earnings report for the quarter ending April 30, the company posted quarterly revenue of $296 million and quarterly net profit of $21.8 million. In comparison, last year the company earned revenue of $233 million and had a net profit of $8.39 million. FIVE’s market cap is $5.73B and the company has a P/E ratio of 49.49. Currently, Five Below Inc has an average volume of 949.5K.

Three different firms, including B.Riley FBR and Goldman Sachs, currently also have a Sell rating on the stock. Based on 8 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $102.13, reflecting a -0.9% downside.

The insider sentiment on Five Below Inc has been negative according to 48 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Thomas M. Ryan’s trades have generated a 32.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Five Below, Inc. engages in the shopping business. It offers an assortment of merchandise, including sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room decor and storage, stationery and school supplies, video game accessories, books, dvds, iPhone accessories, novelty and gag, and seasonal items. The company was founded by David Schlessinger, Zany Brainy, and Thomas G. Vellios in January 2002 and is headquartered in Philadelphia, PA.