Five Below Inc Unusual Bullish Options Activity Means Profits for Traders

 Five Below Inc Unusual Bullish Options Activity Means Profits for Traders

In today’s session Five Below Inc (FIVE) registered an unusually high (100) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the November, 2016 call, expecting serious FIVE increase. With 100 contracts traded and 5464 open interest for the Nov, 16 contract, it seems this is a quite bullish bet. The option with symbol: FIVE161118C00036000 closed last at: $1.3 or 10.3% down. About 385,389 shares traded hands. Five Below Inc (NASDAQ:FIVE) has declined 12.56% since April 4, 2016 and is downtrending. It has underperformed by 13.65% the S&P500.

Five Below Inc (NASDAQ:FIVE) Ratings Coverage

Out of 14 analysts covering Five Below (NASDAQ:FIVE), 8 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 57% are positive. Five Below has been the topic of 25 analyst reports since September 3, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, October 11 by Citigroup. The firm earned “Buy” rating on Thursday, September 3 by Deutsche Bank. As per Wednesday, August 24, the company rating was initiated by BTIG Research. The rating was initiated by KeyBanc Capital Markets on Thursday, October 13 with “Overweight”. The stock has “Buy” rating given by UBS on Friday, June 3. The firm earned “Overweight” rating on Thursday, September 3 by Barclays Capital. Jefferies maintained Five Below Inc (NASDAQ:FIVE) rating on Friday, June 3. Jefferies has “Buy” rating and $50 price target. Credit Suisse maintained it with “Outperform” rating and $39 target price in Thursday, September 3 report. RBC Capital Markets maintained Five Below Inc (NASDAQ:FIVE) on Friday, June 3 with “Outperform” rating. RBC Capital Markets maintained Five Below Inc (NASDAQ:FIVE) on Thursday, September 1 with “Outperform” rating.

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 Q2 2016. Its down 0.64, from 1.58 in 2016Q1. The ratio dropped, 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.
Tower Cap Ltd Llc (Trc) accumulated 0.02% or 4,092 shares. Employees Retirement Of Texas last reported 0.02% of its portfolio in the stock. Guggenheim Cap Limited Liability Corp owns 5,750 shares or 0% of their US portfolio. Ubs Asset Americas holds 0.02% of its portfolio in Five Below Inc (NASDAQ:FIVE) for 361,171 shares. Blackrock Fund Advisors holds 0.04% or 3.49M shares in its portfolio. First Interstate Savings Bank, a Montana-based fund reported 316 shares. Fred Alger Management Inc has 0.03% invested in the company for 107,955 shares. Voya Invest Mngmt Limited Liability Company holds 0.15% of its portfolio in Five Below Inc (NASDAQ:FIVE) for 1.32M shares. Advisory Services Ntwk Ltd Company accumulated 0.01% or 524 shares. Pnc Group Inc Inc has 0% invested in the company for 17,326 shares. Davenport And Communication Llc accumulated 19,877 shares or 0% of the stock. Livingston Grp Asset (Operating As Southport Cap Management) accumulated 0% or 9 shares. Suntrust Banks Incorporated holds 0% of its portfolio in Five Below Inc (NASDAQ:FIVE) for 7,978 shares. Dimensional Fund Advisors L P, a Texas-based fund reported 1.09M shares. Metropolitan Life Ins Ny holds 0.01% of its portfolio in Five Below Inc (NASDAQ:FIVE) for 38,258 shares.

Insider Transactions: Since June 8, 2016, the stock had 0 insider purchases, and 1 sale for $1.56 million net activity. On Wednesday, June 8 the insider BULL KENNETH R sold $1.56M.

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 $1.91 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 31.38 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 recent Five Below Inc (NASDAQ:FIVE) news were published by: Forbes.com which released: “Short Interest In Five Below Expands By 17.2%” on October 26, 2016. Also Seekingalpha.com published the news titled: “Is Five Below Too Risky?” on October 26, 2016. Fool.com‘s news article titled: “Five Below Stock: Next Stop, $50?” with publication date: October 11, 2016 was also an interesting one.

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