Nuveen LLC Buys Shares of 234,650 Five Below, Inc. $FIVE

Key Points

• Nuveen LLC acquired 234,650 shares of Five Below, Inc. during the first quarter, valued at approximately $17.58 million, marking an ownership of about 0.43% of the company.
• Morgan Stanley raised their price target for Five Below to $135, while Bank of America set a target of $93, indicating a range of opinions among analysts with varying ratings.
• Five Below reported a 19.5% annual revenue growth, with earnings per share of $0.86 for the quarter, exceeding analyst expectations of $0.83.

Nuveen LLC bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 234,650 shares of the specialty retailer's stock, valued at approximately $17,581,000. Nuveen LLC owned about 0.43% of Five Below as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Byrne Asset Management LLC acquired a new stake in Five Below during the 1st quarter valued at $29,000. Bessemer Group Inc. lifted its stake 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 period. UMB Bank n.a. lifted its stake 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 period. Coppell Advisory Solutions LLC lifted its stake in shares of Five Below by 143.8% during the 4th quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock worth $45,000 after purchasing an additional 253 shares during the period. Finally, Reyes Financial Architecture Inc. purchased a new position in shares of Five Below during the 1st quarter worth $92,000.

Analyst Ratings Changes

FIVE has been the topic of a number of recent analyst reports. Morgan Stanley increased their price target on Five Below from $110.00 to $135.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 5th. Bank of America increased their price target on Five Below from $78.00 to $93.00 and gave the stock an "underperform" rating in a research note on Thursday, June 5th. Truist Financial reissued a "hold" rating on shares of Five Below in a research note on Wednesday, August 13th. Telsey Advisory Group increased their price target on Five Below from $90.00 to $128.00 and gave the stock a "market perform" rating in a research note on Wednesday, June 4th. Finally, JPMorgan Chase & Co. increased their price target on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Seven research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average target price of $123.53.

Five Below Trading Down 0.3%

Shares of FIVE opened at $141.48 on Wednesday. The firm has a market capitalization of $7.79 billion, a P/E ratio of 29.66 and a beta of 1.06. The stock's fifty day simple moving average is $132.82 and its 200 day simple moving average is $102.55. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $143.88.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The business had revenue of $970.53 million for the quarter, compared to analyst estimates of $966.29 million. During the same period last year, the company posted $0.60 EPS. The business's quarterly revenue was up 19.5% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. Sell-side analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Activity at Five Below

In related news, CAO Eric M. Specter sold 5,500 shares of the 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 completion of the sale, the chief accounting officer directly owned 55,854 shares in the company, valued at approximately $7,304,027.58. This represents a 8.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider George Hill sold 1,500 shares of the stock in a transaction 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 completion of the sale, the insider owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 13,200 shares of company stock worth $1,740,209. 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.

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