Five Below Inc’s recently made public that its Director Vellios Thomas unloaded Company’s shares for reported $1.86 million on Jan 19 ’24. In the deal valued at $185.82 per share,10,000 shares were sold. As a result of this transaction, Vellios Thomas now holds 333,697 shares worth roughly $49.59 million.
Then, Anderson Joel D bought 3,100 shares, generating $500,650 in total proceeds. Upon buying the shares at $161.50, the President & CEO now owns 99,656 shares.
Before that, SARGENT RONALD sold 55 shares. Five Below Inc shares valued at $10,617 were divested by the Director at a price of $193.03 per share. As a result of the transaction, SARGENT RONALD now holds 93,619 shares, worth roughly $13.91 million.
Gordon Haskett downgraded its Five Below Inc [FIVE] rating to a Accumulate from a a Buy in a research note published on April 03, 2024; the price target was decreased to $200 from $210. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in late March has reiterated a ‘”an Outperform”‘ rating for it. Mizuho began covering FIVE with “Buy” recommendation on March 19, 2024. Oppenheimer revised its rating on January 30, 2024. It rated FIVE as “a Perform” which previously was an “an Outperform”.
Price Performance Review of FIVE
On Monday, Five Below Inc [NASDAQ:FIVE] saw its stock fall -1.12% to $148.61. Over the last five days, the stock has lost -2.75%. Five Below Inc shares have fallen nearly -30.28% since the year began. Nevertheless, the stocks have fallen -26.72% over the past one year. While a 52-week high of $216.18 was reached on 01/02/24, a 52-week low of $144.57 was recorded on 04/22/24. SMA at 50 days reached $183.55, while 200 days put it at $184.00. A total of 1.07 million shares were traded, compared to the trading of 0.9 million shares in the previous session.
Levels Of Support And Resistance For FIVE Stock
The 24-hour chart illustrates a support level at 146.53, which if violated will result in even more drops to 144.45. On the upside, there is a resistance level at 151.09. A further resistance level may holdings at 153.56. The Relative Strength Index (RSI) on the 14-day chart is 26.85, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.82%. Stochastics %K at 7.48% indicates the stock is a buying.
