Applied Finance Capital Management LLC Buys New Shares in Five Below, Inc. $FIVE

Key Points

• Applied Finance Capital Management LLC acquired 1,630 shares of Five Below, Inc., valued at approximately $214,000, marking a significant addition to their investment portfolio during the 2nd quarter.
• Several other hedge funds have also increased their positions in Five Below, with notable changes including Wealth Enhancement Advisory Services LLC raising their stake by 100.8%.
• Analysts have mostly rated Five Below with a consensus of “Hold” while some have projected price targets as high as $180.00, indicating varied expectations regarding the stock's performance.

Applied Finance Capital Management LLC bought a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,630 shares of the specialty retailer's stock, valued at approximately $214,000.

Several other hedge funds have also recently made changes to their positions in FIVE. Wealth Enhancement Advisory Services LLC increased its position in shares of Five Below by 100.8% in the 1st 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 period. State of Alaska Department of Revenue grew its position in shares of Five Below by 2.6% during the 1st quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock valued at $482,000 after acquiring an additional 165 shares during the period. Cambridge Investment Research Advisors Inc. grew its position in shares of Five Below by 17.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,544 shares of the specialty retailer's stock valued at $266,000 after acquiring an additional 521 shares during the period. Oppenheimer Asset Management Inc. grew its position in shares of Five Below by 7.9% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 66,068 shares of the specialty retailer's stock valued at $4,950,000 after acquiring an additional 4,861 shares during the period. Finally, Lecap Asset Management Ltd. grew its position in shares of Five Below by 35.5% during the 1st quarter. Lecap Asset Management Ltd. now owns 28,838 shares of the specialty retailer's stock valued at $2,161,000 after acquiring an additional 7,554 shares during the period.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on FIVE. Morgan Stanley raised their price target on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research note on Thursday, August 28th. JPMorgan Chase & Co. raised their price target on shares of Five Below from $105.00 to $154.00 and gave the company a "neutral" rating in a research note on Monday, July 21st. Loop Capital raised shares of Five Below from a "hold" rating to a "buy" rating and raised their price target for the company from $130.00 to $165.00 in a research note on Tuesday, August 12th. Barclays set a $135.00 price target on shares of Five Below in a research note on Thursday, August 28th. Finally, Craig Hallum raised their price target on shares of Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Nine research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, Five Below has a consensus rating of "Hold" and a consensus price target of $150.21.

Five Below Price Performance

FIVE opened at $154.24 on Friday. The company's 50 day simple moving average is $147.77 and its two-hundred day simple moving average is $122.24. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $157.54. The firm has a market capitalization of $8.51 billion, a price-to-earnings ratio of 31.22, a price-to-earnings-growth ratio of 2.25 and a beta of 1.18.

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

Insider Activity at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the sale, the executive vice president owned 9,858 shares of the company's stock, valued at approximately $1,443,309.78. The trade was a 7.66% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.90% of the company's stock.

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.

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