2,998 Shares in Five Below, Inc. $FIVE Purchased by Park Avenue Securities LLC

Key Points

• Park Avenue Securities LLC acquired 2,998 shares of Five Below, Inc. valued at approximately $393,000, according to their recent 13F filing.
• Five Below reported quarterly earnings of $0.81 EPS, exceeding expectations of $0.61, with a revenue of $1.03 billion during the quarter, up 23.7% year-over-year.
• Equities analysts have increased their price targets for Five Below, with Morgan Stanley setting a target of $160.00 and Telsey Advisory Group at $170.00, reflecting positive sentiment towards the stock.

Park Avenue Securities LLC bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,998 shares of the specialty retailer's stock, valued at approximately $393,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FIVE. Jump Financial LLC raised its position in shares of Five Below by 41.3% in the first quarter. Jump Financial LLC now owns 159,433 shares of the specialty retailer's stock valued at $11,946,000 after buying an additional 46,586 shares during the last quarter. Summit Trail Advisors LLC acquired a new position in Five Below during the first quarter worth approximately $247,000. PNC Financial Services Group Inc. increased its position in Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock worth $501,000 after purchasing an additional 155 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Five Below by 100.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer's stock worth $1,083,000 after purchasing an additional 7,258 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC increased its position in Five Below by 122.9% during the first quarter. Allspring Global Investments Holdings LLC now owns 242,509 shares of the specialty retailer's stock worth $18,547,000 after purchasing an additional 133,698 shares during the last quarter.

Five Below Price Performance

Shares of FIVE opened at $155.32 on Tuesday. The stock has a market cap of $8.57 billion, a price-to-earnings ratio of 31.44, a PEG ratio of 2.26 and a beta of 1.09. The company has a 50-day moving average of $143.60 and a two-hundred day moving average of $115.18. Five Below, Inc. has a one year low of $52.38 and a one year high of $156.50.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.61 by $0.20. The business had revenue of $1.03 billion during 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 firm's quarterly revenue was up 23.7% compared to the same quarter last year. During the same period last year, the company posted $0.54 earnings per share. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insiders Place Their Bets

In related news, insider George Hill sold 1,500 shares of the business's stock in a transaction on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider owned 42,672 shares of the company's stock, valued at approximately $5,974,080. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction on Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the sale, the executive vice president owned 9,858 shares in the company, valued at $1,443,309.78. This represents a 7.66% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Five Below from $135.00 to $160.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. JPMorgan Chase & Co. boosted their price objective on shares of Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Telsey Advisory Group reiterated an "outperform" rating and set a $170.00 price objective on shares of Five Below in a research note on Wednesday, September 24th. Evercore ISI increased their price objective on shares of Five Below from $132.00 to $134.00 and gave the company an "in-line" rating in a research note on Tuesday, August 26th. Finally, Wells Fargo & Company raised their price target on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Five Below has an average rating of "Hold" and a consensus target price of $149.00.

Five Below Company Profile

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.

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