PDT Partners LLC Buys 49,592 Shares of Five Below, Inc. $FIVE

Key Points

• PDT Partners LLC significantly increased its stake in Five Below, purchasing an additional 49,592 shares, bringing their total holdings to 52,592 shares worth approximately $3.94 million.
• Five Below reported quarterly earnings of $0.81 EPS, exceeding expectations and showing a revenue increase of 23.7% year-over-year, driven by strong consumer demand.
• Several analysts raised their price targets for Five Below, with Guggenheim setting a new target of $165.00 and Telsey Advisory Group upgrading their rating to "outperform".

PDT Partners LLC lifted its position in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 1,653.1% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 52,592 shares of the specialty retailer's stock after acquiring an additional 49,592 shares during the quarter. PDT Partners LLC owned approximately 0.10% of Five Below worth $3,940,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in FIVE. The Manufacturers Life Insurance Company lifted its position in shares of Five Below by 1.6% in the 4th quarter. The Manufacturers Life Insurance Company now owns 44,334 shares of the specialty retailer's stock valued at $4,653,000 after acquiring an additional 698 shares in the last quarter. Northern Trust Corp lifted its position in Five Below by 23.4% in the 4th quarter. Northern Trust Corp now owns 553,939 shares of the specialty retailer's stock worth $58,141,000 after buying an additional 104,883 shares in the last quarter. AQR Capital Management LLC purchased a new stake in Five Below in the 4th quarter worth approximately $15,160,000. Comerica Bank lifted its position in Five Below by 49.6% in the 4th quarter. Comerica Bank now owns 32,882 shares of the specialty retailer's stock worth $3,451,000 after buying an additional 10,896 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new stake in Five Below in the 4th quarter worth approximately $6,665,000.

Insider Buying and Selling at Five Below

In other news, insider George Hill sold 1,500 shares of the firm's stock in a transaction dated Thursday, July 17th. The shares were sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the transaction, the insider directly owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This trade represents a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Eric M. Specter sold 5,500 shares of the firm's stock in a transaction dated Thursday, June 26th. The stock was sold at an average price of $130.77, for a total transaction of $719,235.00. Following the transaction, the chief accounting officer directly owned 55,854 shares of the company's stock, valued at $7,304,027.58. The trade was a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 9,518 shares of company stock valued at $1,261,787 over the last quarter. 1.90% of the stock is currently owned by insiders.

Five Below Stock Up 1.2%

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

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. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The business's quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the business posted $0.54 EPS. 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, equities analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. JPMorgan Chase & Co. increased their target price on shares of Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Morgan Stanley increased their target price on shares of Five Below from $135.00 to $160.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 28th. Wall Street Zen upgraded shares of Five Below from a "hold" rating to a "buy" rating in a research report on Saturday, August 30th. Craig Hallum increased their price target on shares of Five Below from $164.00 to $180.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Bank of America increased their price target on shares of Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a research note on Thursday, August 28th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $143.56.

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.