Aaron Wealth Advisors LLC Takes $388,000 Position in Five Below, Inc. $FIVE

Key Points

• Aaron Wealth Advisors LLC acquired 2,955 shares of Five Below, Inc. ($FIVE) in Q2, valued at approximately $388,000, indicating growing interest from investment firms.
• Wall Street analysts are optimistic about Five Below's stock, with nine ratings for 'Buy' and a consensus price target of $146.55, amid recent upgrades from several research firms.
• Five Below reported strong earnings with an EPS of $0.81, exceeding estimates, and a 23.7% increase in revenue year-over-year, bolstering its growth outlook for FY 2025.

Aaron Wealth Advisors LLC purchased a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 2,955 shares of the specialty retailer's stock, valued at approximately $388,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIVE. Byrne Asset Management LLC acquired a new position in shares of Five Below during the 1st quarter worth about $29,000. Caitong International Asset Management Co. Ltd raised its holdings in Five Below by 1,097.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after acquiring an additional 417 shares in the last quarter. Bessemer Group Inc. boosted its position in Five Below by 246.9% during the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after purchasing an additional 353 shares during the last quarter. UMB Bank n.a. grew its stake in Five Below by 61.7% in the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock valued at $40,000 after purchasing an additional 206 shares in the last quarter. Finally, Parallel Advisors LLC increased its position in shares of Five Below by 68.4% during the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer's stock worth $70,000 after purchasing an additional 216 shares during the last quarter.

Insider Buying and Selling

In other news, insider George Hill sold 1,500 shares of Five Below stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the sale, the insider owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $130.77, for a total transaction of $719,235.00. Following the completion of the sale, the chief accounting officer directly owned 55,854 shares of the company's stock, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,818 shares of company stock valued at $1,048,998. Insiders own 1.90% of the company's stock.

Five Below Stock Performance

Shares of FIVE stock traded up $1.80 during midday trading on Monday, hitting $153.79. 1,048,764 shares of the company were exchanged, compared to its average volume of 1,561,518. The firm has a market capitalization of $8.48 billion, a P/E ratio of 31.13, a PEG ratio of 2.22 and a beta of 1.09. The firm's 50 day moving average price is $141.94 and its two-hundred day moving average price is $112.40. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $155.82.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.20. The firm had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The business's revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.54 EPS. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Analysts expect that Five Below, Inc. will post 4.93 EPS for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Craig Hallum increased their price objective on Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Morgan Stanley increased their price target on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research note on Thursday, August 28th. Bank of America boosted their price objective on shares of Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a research note on Thursday, August 28th. Guggenheim upped their target price on shares of Five Below from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, August 29th. Finally, Wells Fargo & Company lifted their price target on Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $146.55.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.