Focus Partners Advisor Solutions LLC Takes $376,000 Position in Five Below, Inc. $FIVE

Key Points

• Focus Partners Advisor Solutions LLC has acquired 5,019 shares of Five Below, Inc., valued at approximately $376,000, adding to a trend of institutional investors adjusting their stakes in the company.
• Five Below recently reported earnings of $0.81 per share, surpassing analysts' expectations, with a revenue of $1.03 billion for the quarter, marking a 23.7% year-over-year increase.
• Analysts have raised their price targets for Five Below, with Citigroup setting a new target of $152.00, reflecting growing confidence in the company's performance.

Focus Partners Advisor Solutions LLC purchased a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,019 shares of the specialty retailer's stock, valued at approximately $376,000.

Other hedge funds also recently added to or reduced their stakes in the company. Jump Financial LLC increased its stake in 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 purchasing an additional 46,586 shares during the last quarter. Summit Trail Advisors LLC purchased a new position in shares of Five Below during the first quarter worth approximately $247,000. PNC Financial Services Group Inc. grew its position in shares of 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 acquiring an additional 155 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of 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 acquiring an additional 7,258 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its position in shares of 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 acquiring an additional 133,698 shares during the last quarter.

Insider Transactions at Five Below

In other news, CAO Eric M. Specter sold 5,500 shares of the firm's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the completion of the transaction, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. This trade represents a 8.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of the firm's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the transaction, the executive vice president owned 9,858 shares of the company's stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 9,518 shares of company stock worth $1,261,787. Corporate insiders own 1.90% of the company's stock.

Wall Street Analyst Weigh In

FIVE has been the topic of a number of research reports. Morgan Stanley raised their target price 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. Wells Fargo & Company raised their target price 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. Barclays set a $135.00 target price on shares of Five Below in a research report on Thursday, August 28th. Guggenheim increased their price target on Five Below from $155.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Loop Capital raised Five Below from a "hold" rating to a "buy" rating and increased their price target for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $143.56.

Five Below Stock Performance

Five Below stock traded down $0.23 during midday trading on Thursday, reaching $145.77. The company's stock had a trading volume of 884,757 shares, compared to its average volume of 1,435,423. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $155.34. The stock's 50 day simple moving average is $139.30 and its 200 day simple moving average is $108.97. The firm has a market capitalization of $8.04 billion, a PE ratio of 29.51, a P/E/G ratio of 2.13 and a beta of 1.09.

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

Five Below 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.