Praxis Investment Management Inc. Invests $285,000 in Five Below, Inc. $FIVE

Key Points

• Praxis Investment Management Inc. has invested approximately $285,000 in Five Below, acquiring 2,170 shares of the specialty retailer's stock in the second quarter.
• Recently, several large institutional investors, including Vanguard Group Inc. and Federated Hermes Inc., have significantly increased their holdings in Five Below, indicating strong investor interest.
• Five Below reported an earnings per share (EPS) of $0.81 for the last quarter, surpassing estimates and marking a 23.7% revenue increase year-over-year.

Praxis Investment Management Inc. acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 2,170 shares of the specialty retailer's stock, valued at approximately $285,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Five Below by 7.5% in the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after purchasing an additional 376,932 shares in the last quarter. Federated Hermes Inc. lifted its holdings in shares of Five Below by 26,340.9% in the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock worth $111,337,000 after purchasing an additional 1,480,361 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of Five Below by 494.5% in the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock worth $88,042,000 after purchasing an additional 977,411 shares in the last quarter. Samlyn Capital LLC lifted its holdings in shares of Five Below by 3.7% in the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer's stock worth $83,147,000 after purchasing an additional 39,375 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Five Below by 433.1% in the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer's stock worth $54,668,000 after purchasing an additional 626,077 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages recently issued reports on FIVE. Craig Hallum increased their target price on Five Below from $164.00 to $180.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Evercore ISI increased their target price on Five Below from $150.00 to $157.00 and gave the stock an "in-line" rating in a report on Thursday, October 2nd. Mizuho raised their price objective on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a research note on Thursday, August 28th. UBS Group raised their price objective on Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Finally, Barclays set a $135.00 price objective on Five Below in a research note on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $150.21.

Insider Activity at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction on Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the sale, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. The trade was a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.90% of the stock is owned by insiders.

Five Below Price Performance

NASDAQ FIVE opened at $154.24 on Friday. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 31.22, a PEG ratio of 2.25 and a beta of 1.18. Five Below, Inc. has a one year low of $52.38 and a one year high of $157.54. The business's fifty day moving average is $147.77 and its 200-day moving average is $122.24.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts' consensus estimates of $0.61 by $0.20. The company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business's revenue for the quarter was up 23.7% compared to the same quarter last year. During the same period in the previous 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. Research 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.

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