Bayforest Capital Ltd Has $1.33 Million Stake in Five Below, Inc. $FIVE

Key Points

• Bayforest Capital Ltd reduced its stake in Five Below, Inc. by 28.4% during Q2, now owning 10,171 shares valued at approximately $1.33 million, making it their 6th largest investment.
• Five Below recently reported earning $0.81 EPS, surpassing estimates by $0.20, and achieved a revenue of $1.03 billion with a year-over-year growth of 23.7%.
• Several institutional investors, including Jump Financial LLC and Allspring Global Investments, have significantly increased their stakes in Five Below during the first quarter, reflecting strong investor confidence in the company.

Bayforest Capital Ltd cut its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 28.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,171 shares of the specialty retailer's stock after selling 4,027 shares during the period. Five Below makes up approximately 0.6% of Bayforest Capital Ltd's investment portfolio, making the stock its 6th biggest position. Bayforest Capital Ltd's holdings in Five Below were worth $1,334,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Jump Financial LLC lifted its stake in Five Below by 41.3% during the first quarter. Jump Financial LLC now owns 159,433 shares of the specialty retailer's stock valued at $11,946,000 after purchasing an additional 46,586 shares during the last quarter. Summit Trail Advisors LLC acquired a new stake in Five Below during the first quarter valued at approximately $247,000. PNC Financial Services Group Inc. lifted its stake in Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock valued at $501,000 after purchasing an additional 155 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Five Below by 100.8% during 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 purchasing an additional 7,258 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC raised its holdings in shares of Five Below by 122.9% during 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 period.

Five Below Trading Up 9.2%

FIVE opened at $151.18 on Tuesday. The stock has a market capitalization of $8.34 billion, a PE ratio of 30.60, a PEG ratio of 2.02 and a beta of 1.18. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $157.54. The firm has a 50-day moving average price of $146.34 and a two-hundred day moving average price of $120.47.

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 (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.20. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.54 EPS. 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, research analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Activity at Five Below

In related news, insider George Hill sold 1,500 shares of Five Below stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider owned 42,672 shares of the company's stock, valued at $5,974,080. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the transaction, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. The trade was a 7.66% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

FIVE has been the topic of several analyst reports. Morgan Stanley increased their price target on shares of Five Below from $135.00 to $160.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 28th. Loop Capital upgraded shares of Five Below from a "hold" rating to a "buy" rating and increased their price target for the stock from $130.00 to $165.00 in a research note on Tuesday, August 12th. The Goldman Sachs Group increased their price target on shares of Five Below from $143.00 to $162.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Five Below in a report on Wednesday, October 8th. Finally, UBS Group upped their price objective on shares of Five Below from $160.00 to $184.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Five Below presently has a consensus rating of "Hold" and a consensus price target of $150.21.

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.

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