BNP Paribas Financial Markets Buys 296,771 Shares of Five Below, Inc. $FIVE

Key Points

• BNP Paribas Financial Markets increased its stock holdings in Five Below, Inc. by 84%, totaling 650,058 shares valued at approximately $48.7 million.
• Five Below reported a quarterly earnings per share (EPS) of $0.81, exceeding expectations of $0.61, with revenues reaching $1.03 billion, a 23.7% increase year-over-year.
• Several institutional investors have recently modified their positions in Five Below, including significant increases by Caitong International Asset Management and Bessemer Group, reflecting heightened interest in the stock.

BNP Paribas Financial Markets grew its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 84.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 650,058 shares of the specialty retailer's stock after acquiring an additional 296,771 shares during the period. BNP Paribas Financial Markets owned about 1.18% of Five Below worth $48,706,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Byrne Asset Management LLC acquired a new stake in shares of Five Below during the 1st quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd raised its position in shares of Five Below by 1,097.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after purchasing an additional 417 shares during the last quarter. Bessemer Group Inc. raised its position in shares of Five Below by 246.9% during the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock worth $37,000 after purchasing an additional 353 shares during the last quarter. UMB Bank n.a. raised its position in shares of Five Below by 61.7% during the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after purchasing an additional 206 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new position in shares of Five Below during the 4th quarter worth approximately $99,000.

Insider Activity

In other news, insider George Hill sold 4,500 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $132.93, for a total transaction of $598,185.00. Following the transaction, the insider owned 44,130 shares in the company, valued at approximately $5,866,200.90. The trade was a 9.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $130.77, for a total transaction of $719,235.00. Following the transaction, the chief accounting officer owned 55,854 shares in the company, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 14,018 shares of company stock worth $1,859,972. Insiders own 1.90% of the company's stock.

Five Below Price Performance

Shares of NASDAQ FIVE traded up $1.21 during mid-day trading on Wednesday, reaching $150.98. 1,067,556 shares of the company traded hands, compared to its average volume of 1,285,643. The stock has a fifty day simple moving average of $137.24 and a 200-day simple moving average of $106.52. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $154.30. The firm has a market cap of $8.33 billion, a PE ratio of 30.56, a price-to-earnings-growth ratio of 12.79 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.20. The firm had revenue of $1.03 billion during 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 was up 23.7% on a year-over-year basis. During the same quarter last year, the business posted $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. As a group, analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on FIVE shares. JPMorgan Chase & Co. lifted their price objective on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Evercore ISI lifted their price objective on Five Below from $132.00 to $134.00 and gave the stock an "in-line" rating in a research report on Tuesday, August 26th. Mizuho lifted their price objective on Five Below from $132.00 to $150.00 and gave the stock a "neutral" rating in a research report on Thursday, August 28th. UBS Group boosted their price target on Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a report on Thursday, August 28th. Finally, Morgan Stanley boosted their price target on Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a 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 assigned a Sell rating to the stock. According to MarketBeat, Five Below has an average rating of "Hold" and an average price target of $143.56.

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.