Voya Investment Management LLC Purchases 10,841 Shares of Five Below, Inc. $FIVE

Key Points

• Voya Investment Management LLC increased its stake in Five Below, Inc. by 4.2% in Q1, holding 271,497 shares valued at approximately $20.34 million.
• Analysts have raised their price targets for Five Below, with Goldman Sachs increasing it to $162.00 and Craig Hallum to $180.00, reflecting a strong buy sentiment.
• Five Below reported $0.81 earnings per share for the last quarter, exceeding expectations and showing a 23.7% revenue increase year-over-year.

Voya Investment Management LLC grew its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 4.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 271,497 shares of the specialty retailer's stock after buying an additional 10,841 shares during the quarter. Voya Investment Management LLC owned 0.49% of Five Below worth $20,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the company. Mattson Financial Services LLC grew its stake in Five Below by 41.1% during the 1st quarter. Mattson Financial Services LLC now owns 1,534 shares of the specialty retailer's stock worth $115,000 after purchasing an additional 447 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Five Below in the 1st quarter valued at about $2,946,000. Intech Investment Management LLC raised its stake in Five Below by 35.1% during the 1st quarter. Intech Investment Management LLC now owns 37,133 shares of the specialty retailer's stock valued at $2,782,000 after acquiring an additional 9,652 shares during the last quarter. Focus Partners Wealth raised its stake in Five Below by 63.8% during the 1st quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer's stock valued at $289,000 after acquiring an additional 1,503 shares during the last quarter. Finally, Bayforest Capital Ltd purchased a new position in shares of Five Below during the 1st quarter worth approximately $1,064,000.

Five Below Trading Up 1.4%

Five Below stock traded up $2.10 during mid-day trading on Tuesday, hitting $149.06. 1,356,446 shares of the company's stock were exchanged, compared to its average volume of 1,484,906. The stock has a market cap of $8.22 billion, a P/E ratio of 30.17, a P/E/G ratio of 2.15 and a beta of 1.09. The stock has a 50 day moving average of $140.20 and a two-hundred day moving average of $110.30. 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 released its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.20. The business had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The firm's revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the company earned $0.54 earnings per share. 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, research analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on FIVE shares. Wall Street Zen raised Five Below from a "hold" rating to a "buy" rating in a research note on Saturday, August 30th. Telsey Advisory Group upgraded Five Below from a "market perform" rating to an "outperform" rating and raised their price objective for the stock from $144.00 to $170.00 in a report on Thursday, August 28th. Citigroup lifted their target price on Five Below from $142.00 to $152.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. The Goldman Sachs Group boosted their price objective on Five Below from $143.00 to $162.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Wells Fargo & Company boosted their price target on Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a research note on Thursday, August 28th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $143.56.

Insider Transactions at Five Below

In other news, insider George Hill sold 1,500 shares of the firm's 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 completion of the sale, the insider owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CAO Eric M. Specter sold 5,500 shares of the firm's stock in a transaction that occurred on 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 directly owned 55,854 shares of the company's stock, valued at approximately $7,304,027.58. This represents a 8.96% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,818 shares of company stock valued at $1,048,998. Corporate insiders own 1.90% of the company's stock.

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.