What Will Happen to Five Below Inc Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to Five Below Inc Next? The Stock Just Had Huge Bearish Options Activity

In today’s session Five Below Inc (FIVE) recorded an unusually high (3,321) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious FIVE decrease. With 3,321 contracts traded and 6474 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: FIVE161118P00036000 closed last at: $1.15 or 21.1% up. About 130,940 shares traded hands. Five Below Inc (NASDAQ:FIVE) has declined 7.41% since March 15, 2016 and is downtrending. It has underperformed by 12.90% the S&P500.

Five Below Inc (NASDAQ:FIVE) Ratings Coverage

Out of 13 analysts covering Five Below (NASDAQ:FIVE), 7 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 54% are positive. $54 is the highest target while $30 is the lowest. The $42 average target is 17.94% above today’s ($35.61) stock price. Five Below has been the topic of 24 analyst reports since September 3, 2015 according to StockzIntelligence Inc. On Thursday, October 13 the stock rating was initiated by KeyBanc Capital Markets with “Overweight”. The firm has “Outperform” rating given on Thursday, September 1 by RBC Capital Markets. The firm has “Outperform” rating by RBC Capital Markets given on Tuesday, December 1. As per Thursday, September 3, the company rating was maintained by Credit Suisse. The firm has “Outperform” rating given on Friday, June 3 by RBC Capital Markets. The rating was upgraded by Goldman Sachs on Tuesday, September 6 to “Neutral”. Sterne Agee CRT downgraded Five Below Inc (NASDAQ:FIVE) rating on Tuesday, November 17. Sterne Agee CRT has “Neutral” rating and $30 price target. The stock of Five Below Inc (NASDAQ:FIVE) earned “Buy” rating by Stifel Nicolaus on Friday, June 3. The stock has “Buy” rating given by Jefferies on Friday, June 3. The rating was maintained by Credit Suisse with “Outperform” on Wednesday, March 23.

According to Zacks Investment Research, “Five Below, Inc. is a specialty value retailer offering merchandise for teen and pre-teen customers in the United States. The Company offers products all priced at $5 and below, including select brands and licensed merchandise across a range of categories, which it refers to as worlds: Style, Room, Sports, Media, Crafts, Party, Candy and Seasonal. It offers a wide variety of merchandise that includes everything from sporting goods, games, fashion accessories and jewelry, to hobbies and collectibles, bath and body, candy and snacks, room décor and storage, stationery and school supplies, video game accessories, books, DVDs, iPhone accessories, novelty and seasonal items. Five Below, Inc. is headquartered in Philadelphia, Pennsylvania.”

Insitutional Activity: The institutional sentiment decreased to 0.94 in 2016 Q2. Its down 0.64, from 1.58 in 2016Q1. The ratio is negative, as 32 funds sold all Five Below Inc shares owned while 78 reduced positions. 44 funds bought stakes while 59 increased positions. They now own 60.72 million shares or 4.25% less from 63.42 million shares in 2016Q1.
Texas Permanent School Fund has invested 0.03% of its portfolio in Five Below Inc (NASDAQ:FIVE). Moreover, Ls Inv Limited Liability has 0.01% invested in Five Below Inc (NASDAQ:FIVE) for 2,025 shares. Sage Group Incorporated reported 51,032 shares or 0.63% of all its holdings. Fred Alger Mgmt holds 107,955 shares or 0.03% of its portfolio. Jennison Lc last reported 898,161 shares in the company. Guggenheim Capital Limited Liability accumulated 0% or 5,750 shares. The Missouri-based Comm Retail Bank has invested 0.01% in Five Below Inc (NASDAQ:FIVE). The Kansas-based Waddell & Reed Incorporated has invested 0.04% in Five Below Inc (NASDAQ:FIVE). Parkside Retail Bank And Tru accumulated 1,955 shares or 0.04% of the stock. California Public Employees Retirement Systems has 0.01% invested in the company for 133,100 shares. First Trust Advsr L P has 0.01% invested in the company for 40,541 shares. Credit Suisse Ag last reported 0% of its portfolio in the stock. Cim Ltd Liability Corporation holds 4,710 shares or 0.11% of its portfolio. Prudential reported 146,023 shares or 0.01% of all its holdings. Natl Bank Of America De accumulated 0% or 387,133 shares.

Insider Transactions: Since June 8, 2016, the stock had 0 insider purchases, and 1 insider sale for $1.56 million net activity. BULL KENNETH R sold $1.56M worth of Five Below Inc (NASDAQ:FIVE) on Wednesday, June 8.

Five Below, Inc. is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The company has a market cap of $1.89 billion. The Firm offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. It has a 30.95 P/E ratio. The Company’s product groups include leisure, fashion and home, and party and snack.

FIVE Company Profile

Five Below, Inc., incorporated on January 30, 2002, is a specialty retailer offering a range of merchandise for teen and pre-teen customer. The Firm offers an assortment of products, including select brands and licensed merchandise across a range of categories, including Style, Room, Sports, Tech, Crafts, Party, Candy and Now. The Company’s product groups include leisure, fashion and home, and party and snack. The Company’s Leisure includes items, such as sporting goods, games, toys, tech, books, electronic accessories, and arts and crafts. The Company’s Fashion and home includes items, such as personal accessories, attitude t-shirts, beauty offerings, home goods and storage options. The Company’s Party and snack includes items, such as party and seasonal goods, greeting cards, candy and other snacks, and beverages. The Firm operates approximately 430 locations across over 30 states throughout the Northeast, South and Midwest regions of the United States. The Company’s typical store features approximately 4,000 stock-keeping units (SKUs).

More news for Five Below Inc (NASDAQ:FIVE) were recently published by: Fool.com, which released: “Five Below Stock: Next Stop, $50?” on October 11, 2016. Philly.com‘s article titled: “Five Below chooses Lits Building for new Center City headquarters” and published on September 26, 2016 is yet another important article.

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