Ieq Capital LLC Purchases 37,562 Shares of Five Below, Inc. $FIVE

Key Points

• Ieq Capital LLC significantly increased its holdings in Five Below, Inc. by 158.9% in the first quarter, owning over 61,000 shares worth approximately $4.6 million at the end of that quarter.
• Five Below reported a 23.7% increase in revenue year-over-year, achieving $1.03 billion in the latest quarter and exceeding analysts' expectations.
• Analysts have varied opinions on Five Below's stock, with price target increases from firms like JPMorgan and UBS, while maintaining a consensus rating of "Hold" with an average target of $143.56.

Ieq Capital LLC grew its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 158.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,208 shares of the specialty retailer's stock after purchasing an additional 37,562 shares during the period. Ieq Capital LLC owned about 0.11% of Five Below worth $4,586,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of FIVE. Federated Hermes Inc. grew its position in Five Below by 26,340.9% in the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock worth $111,337,000 after purchasing an additional 1,480,361 shares during the last quarter. Steadfast Capital Management LP acquired a new stake in shares of Five Below during the 4th quarter valued at about $123,601,000. American Century Companies Inc. boosted its position in shares of Five Below by 494.5% during the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock valued at $88,042,000 after acquiring an additional 977,411 shares in the last quarter. Man Group plc boosted its position in shares of Five Below by 399.5% during the 4th quarter. Man Group plc now owns 562,902 shares of the specialty retailer's stock valued at $59,082,000 after acquiring an additional 450,215 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock valued at $406,430,000 after acquiring an additional 376,932 shares in the last quarter.

Insider Buying and Selling at Five Below

In related news, insider George Hill sold 1,500 shares of the business'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 directly owned 42,672 shares of the company's stock, valued at $5,974,080. The trade was a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Amit Jhunjhunwala sold 1,700 shares of the business's stock in a transaction that occurred on Monday, June 16th. The stock was sold at an average price of $125.17, for a total transaction of $212,789.00. Following the sale, the insider directly owned 25,890 shares of the company's stock, valued at approximately $3,240,651.30. This trade represents a 6.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 9,518 shares of company stock valued at $1,261,787. 1.90% of the stock is currently owned by corporate insiders.

Five Below Price Performance

Shares of FIVE stock traded up $1.38 during trading hours on Thursday, reaching $152.36. 263,006 shares of the company were exchanged, compared to its average volume of 1,924,349. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $154.30. The stock's fifty day moving average is $137.24 and its two-hundred day moving average is $106.52. The company has a market cap of $8.40 billion, a price-to-earnings ratio of 30.81, a P/E/G ratio of 12.79 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its 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 net margin of 6.45% and a return on equity of 17.13%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same period in the prior year, the business earned $0.54 earnings per share. Five Below'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. On average, research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Wall Street Analyst Weigh In

FIVE has been the topic of several recent research reports. Truist Financial lifted their target price on shares of Five Below from $141.00 to $148.00 and gave the company a "hold" rating in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of Five Below from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Telsey Advisory Group upgraded shares of Five Below from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $144.00 to $170.00 in a research report on Thursday, August 28th. Evercore ISI lifted their target price on shares of Five Below from $132.00 to $134.00 and gave the company an "in-line" rating in a research report on Tuesday, August 26th. Finally, Craig Hallum boosted their price target on shares of Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a research 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's stock. According to data from MarketBeat.com, Five Below has an average rating of "Hold" and a consensus price target of $143.56.

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.