The EVP & CAO of Five Below Inc is Exercising Options

By Carrie Williams

Today it was reported that the EVP & CAO of Five Below Inc (FIVEResearch Report), Eric Specter, exercised options to sell 15,000 FIVE shares at $35.27 a share, for a total transaction value of $2M.

Following Eric Specter’s last FIVE Sell transaction on July 19, 2018, the stock climbed by 27.0%. In addition to Eric Specter, 2 other FIVE executives reported Sell trades in the last month.

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Based on Five Below Inc’s latest earnings report for the quarter ending January 31, the company posted quarterly revenue of $603 million and quarterly net profit of $89.26 million. In comparison, last year the company earned revenue of $505 million and had a net profit of $67.38 million. FIVE’s market cap is $7.53B and the company has a P/E ratio of 50.84. Currently, Five Below Inc has an average volume of 1.18M.

Based on 11 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $136.60, reflecting a 0.7% upside.

Eric Specter’s trades have generated a -37.4% 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.