Algert Global LLC Sells 2,500 Shares of Five Below, Inc. $FIVE

Key Points

• Algert Global LLC sold 2,500 shares of Five Below, Inc., reducing its stake by 8.9%, leaving it with 25,510 shares worth approximately $1.91 million.
• During the fourth quarter, several institutional investors significantly increased their holdings in Five Below, with First Trust Advisors LP lifting its stake by 154.2% by acquiring an additional 113,329 shares.
• Five Below reported a strong financial performance, with quarterly revenue increasing by 19.5% year-over-year, reaching $970.53 million, and earnings per share of $0.86, exceeding analyst expectations.

Algert Global LLC lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 8.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 25,510 shares of the specialty retailer's stock after selling 2,500 shares during the quarter. Algert Global LLC's holdings in Five Below were worth $1,911,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in FIVE. Byrne Asset Management LLC purchased a new position in Five Below during the first quarter valued at $29,000. Caitong International Asset Management Co. Ltd raised its position in shares of Five Below by 1,097.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after purchasing an additional 417 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Five Below by 246.9% in the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock worth $37,000 after purchasing an additional 353 shares during the last quarter. UMB Bank n.a. raised its position in shares of Five Below by 61.7% in the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after purchasing an additional 206 shares during the last quarter. Finally, Coppell Advisory Solutions LLC raised its position in shares of Five Below by 143.8% in the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 253 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FIVE. UBS Group lifted their price target on Five Below from $110.00 to $160.00 and gave the stock a "buy" rating in a research report on Thursday, June 5th. Bank of America lifted their price target on Five Below from $78.00 to $93.00 and gave the stock an "underperform" rating in a research report on Thursday, June 5th. Morgan Stanley lifted their price target on Five Below from $110.00 to $135.00 and gave the stock an "equal weight" rating in a research report on Thursday, June 5th. Mizuho lifted their price target on Five Below from $115.00 to $132.00 and gave the stock a "neutral" rating in a research report on Tuesday, August 19th. Finally, Truist Financial reaffirmed a "hold" rating on shares of Five Below in a research report on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $124.47.

Five Below Stock Up 1.0%

Shares of Five Below stock traded up $1.35 during trading hours on Tuesday, reaching $141.84. 711,438 shares of the stock traded hands, compared to its average volume of 1,920,732. The company has a 50 day moving average price of $134.10 and a 200 day moving average price of $103.94. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 29.71 and a beta of 1.06. Five Below, Inc. has a one year low of $52.38 and a one year high of $144.68.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.83 by $0.03. The business had revenue of $970.53 million during the quarter, compared to the consensus estimate of $966.29 million. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The business's quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.60 EPS. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. Sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Buying and Selling at Five Below

In related news, insider George Hill sold 1,500 shares of the business's stock in a transaction that occurred 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 transaction, the insider directly owned 42,672 shares in the company, valued at approximately $5,974,080. The trade was a 3.40% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Amit Jhunjhunwala sold 1,700 shares of the business's stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $125.17, for a total value of $212,789.00. Following the transaction, the insider owned 25,890 shares of the company's stock, valued at approximately $3,240,651.30. This trade represents a 6.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 13,200 shares of company stock worth $1,740,209 in the last three months. 1.90% of the stock is currently owned by company insiders.

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.