Five Below, Inc. $FIVE Shares Sold by Ameriprise Financial Inc.

Key Points

• Ameriprise Financial Inc. has decreased its stake in Five Below, Inc. by 9.0%, owning approximately 712,652 shares valued at $53.4 million after selling 70,153 shares in Q1.
• Five Below reported $0.81 earnings per share for its latest quarter, exceeding expectations of $0.61, with a year-over-year revenue increase of 23.7% to $1.03 billion.
• Several analysts have raised their price targets for Five Below, with UBS Group setting a new target of $160.00 and maintaining a 'buy' rating.

Ameriprise Financial Inc. lowered its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 9.0% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 712,652 shares of the specialty retailer's stock after selling 70,153 shares during the quarter. Ameriprise Financial Inc. owned approximately 1.29% of Five Below worth $53,395,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in FIVE. Federated Hermes Inc. lifted its stake in Five Below by 26,340.9% in the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock worth $111,337,000 after acquiring an additional 1,480,361 shares during the last quarter. Steadfast Capital Management LP purchased a new stake in shares of Five Below during the 4th quarter worth approximately $123,601,000. American Century Companies Inc. lifted its position in shares of Five Below by 494.5% during the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock worth $88,042,000 after buying an additional 977,411 shares during the last quarter. Man Group plc lifted its position in shares of Five Below by 399.5% during the 4th quarter. Man Group plc now owns 562,902 shares of the specialty retailer's stock worth $59,082,000 after buying an additional 450,215 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after buying an additional 376,932 shares during the last quarter.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of Five Below from $141.00 to $148.00 and gave the stock a "hold" rating in a research report on Thursday. Morgan Stanley lifted their target price on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a report on Thursday. The Goldman Sachs Group lifted their target price on shares of Five Below from $143.00 to $162.00 and gave the company a "buy" rating in a report on Thursday. Guggenheim lifted 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. Finally, Loop Capital raised shares of Five Below from a "hold" rating to a "buy" rating and lifted their target price for the company from $130.00 to $165.00 in a report on Tuesday, August 12th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Five Below presently has a consensus rating of "Hold" and an average target price of $143.56.

Five Below Stock Performance

FIVE traded down $4.93 during trading on Monday, hitting $145.10. The stock had a trading volume of 2,077,799 shares, compared to its average volume of 1,334,454. The firm has a market capitalization of $8.00 billion, a P/E ratio of 29.37, a PEG ratio of 12.79 and a beta of 1.09. The company's 50-day moving average price is $135.86 and its 200 day moving average price is $105.52. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $154.30.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.20. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. During the same period in the previous year, the company posted $0.54 EPS. Five Below's 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. As a group, equities analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Five Below news, CAO Eric M. Specter sold 5,500 shares of the company's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $130.77, for a total value of $719,235.00. Following the transaction, the chief accounting officer directly owned 55,854 shares in the company, valued at approximately $7,304,027.58. This represents a 8.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider George Hill sold 1,500 shares of the company's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the transaction, the insider owned 42,672 shares in the company, valued at approximately $5,974,080. This trade represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,200 shares of company stock worth $1,740,209 in the last three months. Corporate insiders own 1.90% of the company's stock.

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.