Hsbc Holdings PLC Grows Holdings in Five Below, Inc. $FIVE

Key Points

• Hsbc Holdings PLC increased its stake in Five Below, Inc. by 118.0%, acquiring an additional 11,802 shares during the first quarter, bringing its total holdings to 21,802 shares worth approximately $1.59 million.
• Several institutional investors, including Byrne Asset Management LLC and Caitong International Asset Management Co. Ltd, significantly boosted their investments in Five Below during the same quarter, indicating growing interest in the company.
• Five Below's stock has received several upgrades from analysts, with Goldman Sachs and UBS raising their price targets, reflecting a bullish sentiment towards the company's performance and outlook.

Hsbc Holdings PLC increased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 118.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,802 shares of the specialty retailer's stock after acquiring an additional 11,802 shares during the quarter. Hsbc Holdings PLC's holdings in Five Below were worth $1,591,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of FIVE. Quantbot Technologies LP increased its holdings in shares of Five Below by 1,008.9% during the 1st quarter. Quantbot Technologies LP now owns 132,906 shares of the specialty retailer's stock worth $9,958,000 after buying an additional 120,921 shares during the last quarter. Northwest & Ethical Investments L.P. purchased a new position in Five Below in the first quarter worth approximately $278,000. Raymond James Financial Inc. raised its position in Five Below by 42.4% in the first quarter. Raymond James Financial Inc. now owns 115,200 shares of the specialty retailer's stock valued at $8,631,000 after purchasing an additional 34,323 shares during the period. American Century Companies Inc. lifted its stake in shares of Five Below by 494.5% in 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 purchasing an additional 977,411 shares during the last quarter. Finally, Fox Run Management L.L.C. grew its holdings in shares of Five Below by 173.3% during the 1st quarter. Fox Run Management L.L.C. now owns 22,252 shares of the specialty retailer's stock worth $1,667,000 after purchasing an additional 14,110 shares during the period.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on FIVE shares. The Goldman Sachs Group upped their target price on shares of Five Below from $143.00 to $162.00 and gave the company a "buy" rating in a research report on Thursday. Bank of America lifted their target price on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a report on Thursday. Wall Street Zen upgraded shares of Five Below from a "hold" rating to a "buy" rating in a report on Saturday. Craig Hallum lifted their target price on shares of Five Below from $164.00 to $180.00 and gave the company a "buy" rating in a report on Thursday. Finally, 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 report on Tuesday, August 26th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, Five Below currently has a consensus rating of "Hold" and a consensus target price of $143.56.

Five Below Price Performance

Shares of FIVE stock traded down $4.93 during trading on Friday, reaching $145.10. The company's stock had a trading volume of 2,077,799 shares, compared to its average volume of 1,334,454. The company has a market capitalization of $8.00 billion, a price-to-earnings ratio of 29.37, a P/E/G ratio of 12.79 and a beta of 1.09. The stock's 50-day moving average price is $135.86 and its 200 day moving average price is $105.52. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $154.30.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $988.91 million. During the same quarter in the previous year, the business posted $0.54 EPS. The firm's 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, sell-side analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Eric M. Specter sold 5,500 shares of the business'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 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 sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider George Hill sold 4,500 shares of the business's stock in a transaction that occurred on Thursday, June 5th. The stock was sold at an average price of $132.93, for a total transaction of $598,185.00. Following the sale, the insider owned 44,130 shares of the company's stock, valued at $5,866,200.90. This represents a 9.25% decrease in their position. The disclosure for this sale can be found here. Insiders sold 13,200 shares of company stock worth $1,740,209 in the last 90 days. Corporate insiders own 1.90% of the company's stock.

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.