Five Below, Inc. $FIVE Shares Bought by AQR Capital Management LLC

Key Points

• AQR Capital Management LLC significantly increased its stake in Five Below, Inc. by 433.1% during the first quarter, purchasing an additional 626,077 shares and now owns a total of 770,626 shares valued at approximately $54.7 million.
• Five Below reported a 23.7% increase in quarterly revenue year-over-year, reaching $1.03 billion, and beat earnings estimates with an EPS of $0.81.
• Several analysts have upgraded their ratings and price targets for Five Below, with Loop Capital raising its target from $130 to $165, while the stock has an average rating of "Hold."

AQR Capital Management LLC lifted its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 433.1% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 770,626 shares of the specialty retailer's stock after acquiring an additional 626,077 shares during the quarter. AQR Capital Management LLC owned approximately 1.40% of Five Below worth $54,668,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Amundi increased its holdings in Five Below by 58.2% during the 1st quarter. Amundi now owns 159,077 shares of the specialty retailer's stock worth $11,920,000 after acquiring an additional 58,496 shares during the period. PDT Partners LLC grew its holdings in shares of Five Below by 1,653.1% during the 1st quarter. PDT Partners LLC now owns 52,592 shares of the specialty retailer's stock valued at $3,940,000 after purchasing an additional 49,592 shares during the last quarter. Maverick Capital Ltd. purchased a new position in shares of Five Below in the first quarter worth about $6,745,000. Focus Partners Advisor Solutions LLC purchased a new position in Five Below in the 1st quarter worth approximately $376,000. Finally, Junto Capital Management LP purchased a new position in shares of Five Below in the first quarter worth $32,788,000.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the stock. Truist Financial increased their price target on shares of Five Below from $141.00 to $148.00 and gave the company a "hold" rating in a research report on Thursday, August 28th. Craig Hallum boosted their price target on Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Mizuho upped their price target on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a research report on Thursday, August 28th. Bank of America lifted their price objective on Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a research report on Thursday, August 28th. Finally, Telsey Advisory Group upgraded Five Below from a "market perform" rating to an "outperform" rating and upped their target price for the company from $144.00 to $170.00 in a report on Thursday, August 28th. Eight investment 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, Five Below currently has a consensus rating of "Hold" and a consensus target price of $143.56.

Insider Buying and Selling

In other Five Below news, insider George Hill sold 1,500 shares of the business's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the sale, the insider owned 42,672 shares in the company, valued at approximately $5,974,080. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Amit Jhunjhunwala sold 1,700 shares of Five Below stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $125.17, for a total value of $212,789.00. Following the sale, the insider directly owned 25,890 shares of the company's stock, valued at $3,240,651.30. This trade represents a 6.16% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,518 shares of company stock valued at $1,261,787. Company insiders own 1.90% of the company's stock.

Five Below Stock Performance

Five Below stock traded down $5.87 during trading hours on Friday, hitting $139.90. The company had a trading volume of 1,477,526 shares, compared to its average volume of 1,429,363. The company has a 50-day moving average price of $139.44 and a two-hundred day moving average price of $109.31. The firm has a market cap of $7.72 billion, a P/E ratio of 28.32, a P/E/G ratio of 2.13 and a beta of 1.09. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $155.34.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business 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 posted $0.54 EPS. Five Below'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. As a group, equities research analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below 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.