Laurus Global Equity Management Inc. Has $2.46 Million Position in Five Below, Inc. $FIVE

Key Points

• Laurus Global Equity Management Inc. reduced its stake in Five Below, Inc. by 21.6% during the second quarter, owning 18,740 shares valued at approximately $2.46 million.
• Several other institutional investors have increased their positions in Five Below, including Byrne Asset Management LLC, which acquired a new stake valued at $29,000 in the first quarter.
• Five Below recently reported strong earnings, with $0.81 earnings per share for the quarter, exceeding analyst estimates, and a revenue increase of 23.7% year-over-year.

Laurus Global Equity Management Inc. trimmed its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 21.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,740 shares of the specialty retailer's stock after selling 5,160 shares during the quarter. Five Below makes up about 1.6% of Laurus Global Equity Management Inc.'s portfolio, making the stock its 14th largest holding. Laurus Global Equity Management Inc.'s holdings in Five Below were worth $2,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIVE. Byrne Asset Management LLC acquired a new stake in Five Below in the first quarter valued at $29,000. Caitong International Asset Management Co. Ltd boosted its position in Five Below by 1,097.4% during the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock valued at $34,000 after acquiring an additional 417 shares during the last quarter. Bessemer Group Inc. grew its holdings in Five Below by 246.9% during the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock worth $37,000 after acquiring an additional 353 shares during the period. UMB Bank n.a. raised its position in shares of Five Below by 61.7% in the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after acquiring an additional 206 shares in the last quarter. Finally, Parallel Advisors LLC lifted its position in shares of Five Below by 68.4% during the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer's stock valued at $70,000 after acquiring an additional 216 shares during the period.

Insider Buying and Selling at Five Below

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

Analyst Upgrades and Downgrades

Several research analysts have issued reports on FIVE shares. Truist Financial increased their price target on Five Below from $141.00 to $148.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. Craig Hallum upped 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. Loop Capital raised shares of Five Below from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. Sanford C. Bernstein initiated coverage on shares of Five Below in a report on Wednesday, September 17th. They issued a "market perform" rating and a $160.00 target price for the company. Finally, Wells Fargo & Company boosted their price target on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, Five Below presently has an average rating of "Hold" and an average target price of $150.21.

Five Below Trading Down 0.4%

FIVE stock opened at $156.05 on Monday. The firm has a 50 day moving average of $144.95 and a 200-day moving average of $117.44. The firm has a market capitalization of $8.61 billion, a P/E ratio of 31.59, a price-to-earnings-growth ratio of 2.28 and a beta of 1.18. 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 posted its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share 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 business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same quarter in the prior year, the firm posted $0.54 EPS. Five Below'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. Sell-side analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

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.

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