437,607 Shares in Five Below, Inc. $FIVE Purchased by Junto Capital Management LP

Key Points

• Junto Capital Management LP acquired 437,607 shares of Five Below, Inc., valued at approximately $32.8 million, during the 1st quarter, increasing its ownership to 0.79% of the company.
• Significant institutional investors, such as Canada Pension Plan Investment Board and Trexquant Investment LP, also expanded their holdings in Five Below, reflecting growing confidence in the specialty retailer.
• Analysts have raised their price targets for Five Below, with UBS Group increasing its target from $160 to $184 and Telsey Advisory Group upgrading its rating from "market perform" to "outperform."

Junto Capital Management LP bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 437,607 shares of the specialty retailer's stock, valued at approximately $32,788,000. Junto Capital Management LP owned approximately 0.79% of Five Below at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Federated Hermes Inc. raised its stake in shares of 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 valued at $111,337,000 after purchasing an additional 1,480,361 shares during the period. Steadfast Capital Management LP bought a new stake in shares of Five Below during the fourth quarter worth approximately $123,601,000. American Century Companies Inc. boosted its holdings in shares of Five Below by 494.5% during the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock worth $88,042,000 after acquiring an additional 977,411 shares during the period. Man Group plc boosted its stake in shares of Five Below by 399.5% in the fourth quarter. Man Group plc now owns 562,902 shares of the specialty retailer's stock valued at $59,082,000 after buying an additional 450,215 shares during the period. Finally, Vanguard Group Inc. lifted its stake in Five Below by 7.5% during the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after purchasing an additional 376,932 shares during the last quarter.

Five Below Stock Up 0.8%

FIVE traded up $1.21 during trading on Wednesday, hitting $150.98. The company's stock had a trading volume of 1,067,546 shares, compared to its average volume of 1,934,658. The firm has a market cap 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 simple moving average is $136.78 and its 200-day simple moving average is $106.21. Five Below, Inc. has a one year low of $52.38 and a one year high of $154.30.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating 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 period last year, the company posted $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. Equities research analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity at Five Below

In related news, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Eric M. Specter sold 5,500 shares of the firm's stock in a transaction dated Thursday, June 26th. The shares were sold at an average price of $130.77, for a total transaction of $719,235.00. Following the transaction, the chief accounting officer directly owned 55,854 shares in the company, valued at $7,304,027.58. This trade represents a 8.96% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 14,018 shares of company stock worth $1,859,972. Corporate insiders own 1.90% of the company's stock.

Analysts Set New Price Targets

FIVE has been the subject of a number of recent research reports. Guggenheim increased their price objective on Five Below from $155.00 to $165.00 and gave the company a "buy" rating in a report on Friday, August 29th. Telsey Advisory Group raised shares of Five Below from a "market perform" rating to an "outperform" rating and raised their price target for the company from $144.00 to $170.00 in a research report on Thursday, August 28th. Evercore ISI increased their price objective on shares of Five Below from $132.00 to $134.00 and gave the company an "in-line" rating in a research note on Tuesday, August 26th. Bank of America raised their price target on shares of Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a research note on Thursday, August 28th. Finally, Wells Fargo & Company raised their price target on shares of Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus 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.