Five Below, Inc. $FIVE Shares Bought by American Century Companies Inc.

Key Points

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American Century Companies Inc. boosted its holdings in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 494.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,175,075 shares of the specialty retailer's stock after acquiring an additional 977,411 shares during the period. American Century Companies Inc. owned 2.13% of Five Below worth $88,042,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC acquired a new position in Five Below in the first quarter valued at approximately $247,000. Wealth Enhancement Advisory Services LLC lifted its holdings in Five Below by 100.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer's stock valued at $1,083,000 after acquiring an additional 7,258 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Five Below by 2.4% in the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock valued at $501,000 after acquiring an additional 155 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its holdings in Five Below by 7,542.3% in the fourth quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock valued at $30,160,000 after acquiring an additional 283,591 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Five Below by 122.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 242,509 shares of the specialty retailer's stock valued at $18,547,000 after acquiring an additional 133,698 shares during the last quarter.

Analyst Upgrades and Downgrades

A number of research firms have commented on FIVE. Morgan Stanley upped their price target on Five Below from $110.00 to $135.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 5th. Citigroup upped their price target on Five Below from $135.00 to $142.00 and gave the stock a "neutral" rating in a research note on Tuesday. Telsey Advisory Group upped their price target on Five Below from $90.00 to $128.00 and gave the stock a "market perform" rating in a research note on Wednesday, June 4th. UBS Group upped their price target on Five Below from $110.00 to $160.00 and gave the stock a "buy" rating in a research note on Thursday, June 5th. Finally, Truist Financial restated a "hold" rating on shares of Five Below in a research note on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $123.53.

Five Below Stock Performance

Shares of Five Below stock traded up $2.50 during trading hours on Thursday, reaching $141.78. 1,165,960 shares of the company were exchanged, compared to its average volume of 1,939,570. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $143.88. The stock's fifty day moving average is $133.10 and its 200 day moving average is $102.80. The firm has a market cap of $7.81 billion, a PE ratio of 29.72 and a beta of 1.06.

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

Insider Activity at Five Below

In related news, insider Amit Jhunjhunwala sold 1,700 shares of the stock in a transaction on Monday, June 16th. The stock was 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 $3,240,651.30. This represents a 6.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider George Hill sold 4,500 shares of the stock in a transaction on Thursday, June 5th. The shares were sold at an average price of $132.93, for a total value of $598,185.00. Following the completion of the transaction, the insider directly owned 44,130 shares in the company, valued at $5,866,200.90. This trade represents a 9.25% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 13,200 shares of company stock valued at $1,740,209 over the last quarter. 1.90% of the stock is owned by insiders.

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.