Amundi Buys 58,496 Shares of Five Below, Inc. $FIVE

Key Points

• Amundi increased its stake in Five Below, Inc. by 58.2% in the first quarter, owning approximately 0.29% of the company worth $11.92 million.
• Five Below reported a quarterly earnings of $0.81 per share, exceeding analysts' expectations of $0.61, with revenues reaching $1.03 billion, a 23.7% increase from the previous year.
• Multiple analysts have upgraded Five Below, with UBS raising its price target from $160 to $184 and maintaining a "buy" rating.

Amundi lifted its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 58.2% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,077 shares of the specialty retailer's stock after purchasing an additional 58,496 shares during the quarter. Amundi owned approximately 0.29% of Five Below worth $11,920,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. boosted its position in shares of Five Below by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock valued at $406,430,000 after purchasing an additional 376,932 shares during the period. Federated Hermes Inc. raised its stake in Five Below by 26,340.9% during the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock valued at $111,337,000 after acquiring an additional 1,480,361 shares during the last quarter. Steadfast Capital Management LP purchased a new stake in Five Below during the 4th quarter valued at approximately $123,601,000. American Century Companies Inc. raised its stake in 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 valued at $88,042,000 after acquiring an additional 977,411 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in Five Below by 14.9% during the 1st quarter. Stephens Investment Management Group LLC now owns 710,782 shares of the specialty retailer's stock valued at $53,255,000 after acquiring an additional 92,410 shares during the last quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on FIVE. Telsey Advisory Group raised Five Below from a "market perform" rating to an "outperform" rating and increased their target price for the stock from $144.00 to $170.00 in a research note on Thursday, August 28th. Barclays set a $135.00 price objective on Five Below in a research note on Thursday, August 28th. Wall Street Zen raised Five Below from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. JPMorgan Chase & Co. raised their price objective on Five Below from $105.00 to $154.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Finally, Mizuho upped their price objective on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a research report on Thursday, August 28th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $143.56.

Five Below Trading Down 4.0%

FIVE stock traded down $5.87 during midday trading on Friday, hitting $139.90. 1,477,526 shares of the company's stock were exchanged, compared to its average volume of 1,429,363. The stock has a market capitalization of $7.72 billion, a price-to-earnings ratio of 28.32, a price-to-earnings-growth ratio of 2.13 and a beta of 1.09. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $155.34. The firm has a 50 day moving average price of $139.44 and a 200-day moving average price of $109.31.

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 for the quarter, beating the consensus estimate of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $988.91 million. During the same period in the previous year, the company earned $0.54 earnings per share. Five Below's quarterly revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. On average, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Transactions at Five Below

In related news, insider Amit Jhunjhunwala sold 1,700 shares of the company's stock in a transaction 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 completion of the sale, the insider directly owned 25,890 shares in the company, valued at approximately $3,240,651.30. This represents a 6.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the transaction, the executive vice president directly owned 9,858 shares of the company's stock, valued at $1,443,309.78. This trade represents a 7.66% decrease in their position. The disclosure for this sale can be found here. Insiders sold 9,518 shares of company stock worth $1,261,787 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.