Five Below, Inc. $FIVE Shares Acquired by Parallax Volatility Advisers L.P.

Key Points

• Parallax Volatility Advisers L.P. significantly increased its stake in Five Below, Inc. by 250.3%, bringing its total holdings to $1.58 million as of the latest filing.
• Analysts have revised their price targets for Five Below, with Loop Capital and Goldman Sachs raising their targets to $165 and $162, respectively, reflecting strong market confidence.
• Five Below recently reported an earnings per share (EPS) of $0.81, surpassing expectations and indicating a 23.7% year-over-year revenue growth for the quarter.

Parallax Volatility Advisers L.P. boosted its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 250.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 21,020 shares of the specialty retailer's stock after acquiring an additional 15,020 shares during the period. Parallax Volatility Advisers L.P.'s holdings in Five Below were worth $1,575,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Byrne Asset Management LLC purchased a new stake in Five Below in the 1st quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd grew its stake in Five Below by 1,097.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after acquiring an additional 417 shares during the period. Bessemer Group Inc. grew its stake in Five Below by 246.9% in 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. grew its stake in 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 during the period. Finally, NewEdge Advisors LLC grew its stake in shares of Five Below by 143.0% during the 1st quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer's stock valued at $82,000 after buying an additional 645 shares during the period.

Wall Street Analysts Forecast Growth

FIVE has been the subject of several research reports. Telsey Advisory Group raised shares of Five Below from a "market perform" rating to an "outperform" rating and boosted their price objective for the company from $144.00 to $170.00 in a research note on Thursday, August 28th. Evercore ISI boosted 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. Citigroup boosted their price objective on shares of Five Below from $142.00 to $152.00 and gave the company a "neutral" rating in a research note on Thursday, August 28th. Wells Fargo & Company boosted their price objective on shares of Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Finally, Bank of America boosted their price objective on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a research note on Thursday, August 28th. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $143.56.

Five Below Trading Up 2.1%

FIVE stock traded up $3.04 during trading on Wednesday, reaching $146.00. The stock had a trading volume of 980,921 shares, compared to its average volume of 1,920,277. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $155.34. The company has a market capitalization of $8.05 billion, a P/E ratio of 29.55, a PEG ratio of 2.21 and a beta of 1.09. The firm has a fifty day moving average price of $138.75 and a 200 day moving average price of $108.31.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 EPS 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 firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same quarter in the previous year, the business posted $0.54 EPS. The firm's revenue was up 23.7% compared to the same quarter last year. 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.

Insider Activity

In other news, EVP Ronald James Masciantonio sold 818 shares of the company's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the sale, the executive vice president owned 9,858 shares in the company, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Eric M. Specter sold 5,500 shares of the company'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 completion of the sale, the chief accounting officer owned 55,854 shares in the company, valued at approximately $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 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.