Invenomic Capital Management LP Grows Stake in Five Below, Inc. $FIVE

Key Points

• Invenomic Capital Management LP increased its stake in Five Below by 3.5% in Q1, owning approximately 230,258 shares worth $17.25 million.
• Five Below reported strong earnings with an EPS of $0.81 for the quarter, exceeding estimates by $0.20, and a revenue increase of 23.7% year-over-year.
• Analysts have raised their price targets for Five Below, with UBS Group setting a new target of $184.00, reflecting positive sentiment on the stock's performance.

Invenomic Capital Management LP increased its holdings in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 3.5% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 230,258 shares of the specialty retailer's stock after purchasing an additional 7,857 shares during the period. Invenomic Capital Management LP owned 0.42% of Five Below worth $17,252,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Jacobs Levy Equity Management Inc. bought a new stake in Five Below in the 1st quarter worth approximately $1,338,000. Alliancebernstein L.P. grew its stake in shares of Five Below by 30.0% in the 1st quarter. Alliancebernstein L.P. now owns 736,459 shares of the specialty retailer's stock worth $55,179,000 after buying an additional 169,764 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Five Below by 433.1% in the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer's stock worth $54,668,000 after buying an additional 626,077 shares in the last quarter. Amundi grew its stake in shares of Five Below by 58.2% in the 1st quarter. Amundi now owns 159,077 shares of the specialty retailer's stock worth $11,920,000 after buying an additional 58,496 shares in the last quarter. Finally, PDT Partners LLC grew its stake in shares of Five Below by 1,653.1% in the 1st quarter. PDT Partners LLC now owns 52,592 shares of the specialty retailer's stock worth $3,940,000 after buying an additional 49,592 shares in the last quarter.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FIVE shares. Wells Fargo & Company lifted their price objective on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. Mizuho lifted their target price on Five Below from $132.00 to $150.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. Telsey Advisory Group upgraded Five Below from a "market perform" rating to an "outperform" rating and lifted their target price for the stock from $144.00 to $170.00 in a report on Thursday, August 28th. UBS Group lifted their target price on Five Below from $160.00 to $184.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Finally, Bank of America lifted their target price on Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a report on Thursday, August 28th. Eight investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $143.56.

Insider Activity at Five Below

In related news, CAO Eric M. Specter sold 5,500 shares of Five Below stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $130.77, for a total transaction of $719,235.00. Following the completion of the sale, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. This trade represents a 8.96% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of the firm's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $146.41, for a total value of $119,763.38. Following the transaction, the executive vice president owned 9,858 shares in the company, valued at $1,443,309.78. The trade was a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,518 shares of company stock worth $1,261,787. Corporate insiders own 1.90% of the company's stock.

Five Below Trading Up 2.2%

Shares of FIVE stock traded up $3.10 on Wednesday, reaching $146.06. 350,264 shares of the company's stock were exchanged, compared to its average volume of 1,916,500. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $155.34. The stock has a market capitalization of $8.06 billion, a PE ratio of 29.60, a P/E/G ratio of 2.21 and a beta of 1.09. The company's fifty day simple moving average is $138.75 and its 200 day simple moving average is $108.31.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $988.91 million. During the same period last year, the company earned $0.54 EPS. Five Below's quarterly revenue was up 23.7% compared to the same quarter last year. 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, sell-side analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Five Below Company 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.