Maverick Capital Ltd. Makes New Investment in Five Below, Inc. $FIVE

Key Points

• Maverick Capital Ltd. acquired 90,021 shares of Five Below, Inc., valued at approximately $6.74 million, representing about 0.16% of the company's stock.
• In the last quarter, insider activity included significant sales, with Amit Jhunjhunwala selling 1,700 shares and CAO Eric M. Specter selling 5,500 shares.
• Five Below reported a 23.7% year-over-year revenue increase for its quarterly earnings, with an earnings per share (EPS) of $0.81, beating estimates by $0.20.

Maverick Capital Ltd. purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 90,021 shares of the specialty retailer's stock, valued at approximately $6,745,000. Maverick Capital Ltd. owned approximately 0.16% of Five Below as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in FIVE. Byrne Asset Management LLC acquired a new position in shares of Five Below during the 1st quarter worth about $29,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Five Below by 1,097.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after purchasing an additional 417 shares during the last quarter. Bessemer Group Inc. lifted its position in shares of 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 purchasing an additional 353 shares during the last quarter. UMB Bank n.a. lifted its position in shares of Five Below by 61.7% during the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after purchasing an additional 206 shares during the last quarter. Finally, Reyes Financial Architecture Inc. acquired a new position in shares of Five Below during the 1st quarter worth about $92,000.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Evercore ISI boosted their price objective on Five Below from $132.00 to $134.00 and gave the stock an "in-line" rating in a research report on Tuesday, August 26th. Bank of America upped their target price on Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a research note on Thursday, August 28th. Loop Capital upgraded shares of Five Below from a "hold" rating to a "buy" rating and lifted their price target for the stock from $130.00 to $165.00 in a research note on Tuesday, August 12th. UBS Group lifted their target price on shares of Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Finally, Citigroup increased their target price on Five Below from $142.00 to $152.00 and gave the stock a "neutral" rating in a report on Thursday, August 28th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $143.56.

Insider Buying and Selling

In other news, insider Amit Jhunjhunwala sold 1,700 shares of the firm's stock in a transaction 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Eric M. Specter sold 5,500 shares of the firm's stock in a transaction 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 directly owned 55,854 shares in the company, valued at $7,304,027.58. The trade was a 8.96% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 9,518 shares of company stock valued at $1,261,787 over the last 90 days. Company insiders own 1.90% of the company's stock.

Five Below Stock Performance

FIVE traded up $1.82 during mid-day trading on Thursday, reaching $152.80. The stock had a trading volume of 1,428,076 shares, compared to its average volume of 1,931,646. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $154.49. The stock has a market capitalization of $8.43 billion, a P/E ratio of 30.93, a P/E/G ratio of 12.79 and a beta of 1.09. The firm's fifty day simple moving average is $137.24 and its two-hundred day simple moving average is $106.52.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same period last year, the company earned $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. As a group, analysts expect that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Five Below 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.