Fox Run Management L.L.C. Has $1.67 Million Position in Five Below, Inc. $FIVE

Key Points

• Fox Run Management L.L.C. increased its stake in Five Below shares by 173.3%, owning 22,252 shares worth approximately $1.67 million after acquiring additional shares in the first quarter.
• Several analysts have upgraded their price targets for Five Below, with estimates ranging from $100.00 to $160.00, reflecting growing investor confidence.
• Insider sales occurred recently, with key executives selling shares totaling over $400,000, indicating a decrease in insider ownership by 1.90% overall.

Fox Run Management L.L.C. increased its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 173.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 22,252 shares of the specialty retailer's stock after purchasing an additional 14,110 shares during the quarter. Fox Run Management L.L.C.'s holdings in Five Below were worth $1,667,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Summit Trail Advisors LLC bought a new position in Five Below during the first quarter worth about $247,000. Wealth Enhancement Advisory Services LLC boosted its holdings in Five Below by 100.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer's stock worth $1,083,000 after buying an additional 7,258 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock worth $501,000 after buying an additional 155 shares during the last quarter. Schonfeld Strategic Advisors LLC boosted its holdings in Five Below by 7,542.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer's stock worth $30,160,000 after buying an additional 283,591 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Five Below by 17.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 3,544 shares of the specialty retailer's stock worth $266,000 after buying an additional 521 shares during the last quarter.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Bank of America raised their target price on Five Below from $78.00 to $93.00 and gave the stock an "underperform" rating in a report on Thursday, June 5th. Citigroup raised their target price on Five Below from $135.00 to $142.00 and gave the stock a "neutral" rating in a report on Tuesday. Evercore ISI raised their target price on Five Below from $129.00 to $132.00 and gave the stock an "in-line" rating in a report on Tuesday, August 12th. Mizuho lifted their price objective on Five Below from $115.00 to $132.00 and gave the company a "neutral" rating in a report on Tuesday. Finally, The Goldman Sachs Group lifted their price objective on Five Below from $122.00 to $135.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. Seven analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $123.53.

Insider Buying and Selling at Five Below

In other Five Below news, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through 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 value of $212,789.00. Following the transaction, the insider directly owned 25,890 shares in the company, valued at $3,240,651.30. This trade represents a 6.16% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 13,200 shares of company stock worth $1,740,209. Corporate insiders own 1.90% of the company's stock.

Five Below Stock Performance

NASDAQ FIVE traded down $1.27 during trading on Tuesday, hitting $140.61. The stock had a trading volume of 411,751 shares, compared to its average volume of 1,943,044. The company has a market capitalization of $7.74 billion, a PE ratio of 29.47 and a beta of 1.06. The company's 50-day moving average price is $132.46 and its two-hundred day moving average price is $102.28. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $143.88.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 EPS for the quarter, beating the consensus estimate of $0.83 by $0.03. The firm had revenue of $970.53 million for the quarter, compared to analysts' expectations of $966.29 million. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The business's quarterly revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.60 EPS. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. As a group, equities analysts anticipate 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.