Hardy Reed LLC Takes Position in Five Below, Inc. $FIVE

Key Points

• Hardy Reed LLC has acquired 1,923 shares of Five Below, Inc., valued at approximately $252,000, marking a new investment in the specialty retailer.
• Five Below reported strong quarterly earnings of $0.81 per share, exceeding estimates, and saw its revenue rise by 23.7% year-over-year to reach $1.03 billion.
• Analysts have shown confidence in Five Below with multiple price target upgrades, including Craig Hallum increasing it from $164.00 to $180.00 while maintaining a "buy" rating.

Hardy Reed LLC purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,923 shares of the specialty retailer's stock, valued at approximately $252,000.

Several other large investors have also bought and sold shares of FIVE. PNC Financial Services Group Inc. increased its position in Five Below by 2.4% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock valued at $501,000 after purchasing an additional 155 shares during the period. State of Alaska Department of Revenue boosted its stake in shares of Five Below by 2.6% in the 1st quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock valued at $482,000 after purchasing an additional 165 shares during the last quarter. Somerset Trust Co increased its position in shares of Five Below by 5.1% during the second quarter. Somerset Trust Co now owns 3,723 shares of the specialty retailer's stock worth $488,000 after buying an additional 182 shares during the period. Arkadios Wealth Advisors increased its position in shares of Five Below by 4.1% during the first quarter. Arkadios Wealth Advisors now owns 5,249 shares of the specialty retailer's stock worth $393,000 after buying an additional 205 shares during the period. Finally, UMB Bank n.a. raised its stake in Five Below by 61.7% during the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after buying an additional 206 shares during the last quarter.

Five Below Trading Down 1.5%

NASDAQ FIVE opened at $153.67 on Tuesday. The company has a market cap of $8.47 billion, a P/E ratio of 31.11, a PEG ratio of 2.28 and a beta of 1.18. The company has a fifty day simple moving average of $145.18 and a 200 day simple moving average of $117.98. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $157.54.

Five Below (NASDAQ:FIVE - Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.61 by $0.20. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The business's revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. Sell-side analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Activity

In other news, EVP Ronald James Masciantonio sold 818 shares of the firm'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 owned 9,858 shares in the company, valued at $1,443,309.78. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider George Hill sold 1,500 shares of Five Below stock in a transaction that occurred on Thursday, July 17th. The shares were sold at an average price of $140.00, for a total value of $210,000.00. Following the transaction, the insider directly owned 42,672 shares in the company, valued at approximately $5,974,080. The trade was a 3.40% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on FIVE shares. Craig Hallum increased their price target on Five Below from $164.00 to $180.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Mizuho raised their target price on Five Below from $132.00 to $150.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Weiss Ratings reissued a "hold (c)" rating on shares of Five Below in a research note on Saturday, September 27th. Guggenheim increased their price target on Five Below from $155.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, Bank of America lifted their price objective on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a research note on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $150.21.

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.

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