Five Below, Inc. $FIVE Shares Sold by Comerica Bank

Key Points

• Comerica Bank reduced its holding in Five Below, Inc. by 36.3%, owning 20,933 shares worth approximately $1.57 million after selling nearly 12,000 shares in the first quarter.
• Insider transactions included significant stock sales by executives, with EVP Ronald James Masciantonio selling 818 shares worth about $119,763 and CAO Eric M. Specter selling 5,500 shares for around $719,235.
• Five Below recently reported strong quarterly earnings with $1.03 billion in revenue, significantly exceeding analysts' expectations and setting a FY 2025 EPS guidance of $4.760 to $5.160.

Comerica Bank cut its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 36.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 20,933 shares of the specialty retailer's stock after selling 11,949 shares during the period. Comerica Bank's holdings in Five Below were worth $1,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in shares of Five Below in the first quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after acquiring an additional 417 shares during the last quarter. Bessemer Group Inc. boosted its stake in shares of Five Below by 246.9% in the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock worth $37,000 after acquiring an additional 353 shares during the last quarter. UMB Bank n.a. boosted its stake in shares of Five Below by 61.7% in the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after acquiring an additional 206 shares during the last quarter. Finally, Lazard Asset Management LLC acquired a new stake in shares of Five Below in the fourth quarter worth approximately $99,000.

Insiders Place Their Bets

In related news, EVP Ronald James Masciantonio sold 818 shares of the company's stock in a transaction that occurred 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 directly owned 9,858 shares in the company, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Eric M. Specter sold 5,500 shares of the company'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 value of $719,235.00. Following the completion of the transaction, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. This represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 9,518 shares of company stock valued at $1,261,787. Insiders own 1.90% of the company's stock.

Five Below Stock Performance

FIVE opened at $150.98 on Thursday. Five Below, Inc. has a one year low of $52.38 and a one year high of $154.30. The stock has a market capitalization of $8.33 billion, a PE ratio of 30.56, a P/E/G ratio of 12.79 and a beta of 1.09. The business's 50 day moving average price is $137.24 and its 200 day moving average price is $106.52.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 EPS 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 firm had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. During the same period in the prior year, the firm posted $0.54 earnings per share. The firm's quarterly 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 forecast that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on FIVE. Wells Fargo & Company lifted 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. Craig Hallum lifted their price target on Five Below from $164.00 to $180.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Citigroup lifted their price target on Five Below from $142.00 to $152.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Telsey Advisory Group raised Five Below from a "market perform" rating to an "outperform" rating and increased their price target for the company from $144.00 to $170.00 in a report on Thursday, August 28th. Finally, Morgan Stanley increased 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 equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Five Below currently has an average rating of "Hold" and a consensus 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.

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