Optimize Financial Inc Grows Position in Five Below, Inc. $FIVE

Key Points

• Optimize Financial Inc increased its stake in Five Below, Inc. by 29.6% during the first quarter, owning a total of 8,310 shares worth approximately $623,000.
• Five Below reported a strong quarter with $1.03 billion in revenue, surpassing analysts' expectations, and an earnings per share (EPS) of $0.81, which exceeded estimates by $0.20.
• Several analysts have raised their price targets for Five Below, with the highest now set at $170.00, reflecting increased confidence in the company's performance.

Optimize Financial Inc boosted its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 29.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,310 shares of the specialty retailer's stock after purchasing an additional 1,898 shares during the period. Optimize Financial Inc's holdings in Five Below were worth $623,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in shares of Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock valued at $501,000 after purchasing an additional 155 shares in the last quarter. State of Alaska Department of Revenue lifted its holdings in shares of Five Below by 2.6% during the first quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock valued at $482,000 after purchasing an additional 165 shares in the last quarter. ProShare Advisors LLC lifted its holdings in shares of Five Below by 7.2% during the fourth quarter. ProShare Advisors LLC now owns 2,573 shares of the specialty retailer's stock valued at $270,000 after purchasing an additional 173 shares in the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Five Below by 4.1% during the first quarter. Arkadios Wealth Advisors now owns 5,249 shares of the specialty retailer's stock valued at $393,000 after purchasing an additional 205 shares in the last quarter. Finally, UMB Bank n.a. lifted its holdings in Five Below by 61.7% in the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock valued at $40,000 after acquiring an additional 206 shares during the period.

Wall Street Analyst Weigh In

FIVE has been the topic of a number of recent research reports. Mizuho increased their target price on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Wells Fargo & Company increased their target price on Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Barclays set a $135.00 price objective on Five Below in a research note on Thursday, August 28th. Loop Capital raised Five Below from a "hold" rating to a "buy" rating and raised their price objective for the stock from $130.00 to $165.00 in a research note on Tuesday, August 12th. Finally, Citigroup raised their price objective on Five Below from $142.00 to $152.00 and gave the stock a "neutral" rating in a research note on Thursday, August 28th. Eight 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. Based on data from MarketBeat, Five Below presently has an average rating of "Hold" and a consensus price target of $143.56.

Five Below Price Performance

Shares of NASDAQ:FIVE traded down $5.87 during trading on Friday, hitting $139.90. 1,477,526 shares of the company's stock were exchanged, compared to its average volume of 1,429,363. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $155.34. The business's 50-day simple moving average is $139.44 and its 200 day simple moving average is $109.45. The company has a market cap of $7.72 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 2.13 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last released its 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 firm had revenue of $1.03 billion during the quarter, compared to analysts' expectations of $988.91 million. During the same quarter last year, the business posted $0.54 earnings per share. 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.

Insider Transactions at Five Below

In other Five Below news, insider George Hill sold 1,500 shares of the firm's stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the transaction, the insider owned 42,672 shares in the company, valued at $5,974,080. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Ronald James Masciantonio sold 818 shares of the firm's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the transaction, the executive vice president owned 9,858 shares of the company's stock, valued at $1,443,309.78. This represents a 7.66% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 9,518 shares of company stock worth $1,261,787. 1.90% of the stock is owned by corporate insiders.

Five Below Company 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.