Quantbot Technologies LP Buys 120,921 Shares of Five Below, Inc. $FIVE

Key Points

• Quantbot Technologies LP significantly increased its stake in Five Below, Inc. by acquiring 120,921 shares, boosting its holdings by 1,008.9% to 132,906 shares, valued at approximately $9.96 million.
• Multiple analysts have raised target prices for Five Below, with a consensus average target price of $121.47, indicating a generally positive outlook, though one analyst has rated the stock as a sell.
• Five Below reported a revenue growth of 19.5% year-over-year, achieving $970.53 million in the latest quarter, exceeding analysts' expectations.

Quantbot Technologies LP lifted its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 1,008.9% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,906 shares of the specialty retailer's stock after purchasing an additional 120,921 shares during the period. Quantbot Technologies LP owned 0.24% of Five Below worth $9,958,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Five Below during the 4th quarter worth approximately $8,489,000. Sterling Capital Management LLC raised its stake in Five Below by 13.1% during the 4th quarter. Sterling Capital Management LLC now owns 1,366 shares of the specialty retailer's stock worth $143,000 after buying an additional 158 shares during the period. Canada Pension Plan Investment Board raised its stake in Five Below by 226.5% during the 4th quarter. Canada Pension Plan Investment Board now owns 139,100 shares of the specialty retailer's stock worth $14,600,000 after buying an additional 96,500 shares during the period. First Trust Advisors LP raised its stake in Five Below by 154.2% during the 4th quarter. First Trust Advisors LP now owns 186,822 shares of the specialty retailer's stock worth $19,609,000 after buying an additional 113,329 shares during the period. Finally, MetLife Investment Management LLC raised its stake in Five Below by 8.2% during the 4th quarter. MetLife Investment Management LLC now owns 32,900 shares of the specialty retailer's stock worth $3,453,000 after buying an additional 2,481 shares during the period.

Insider Buying and Selling at Five Below

In other Five Below 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 transaction of $719,235.00. Following the completion of the transaction, the chief accounting officer directly owned 55,854 shares of the company's stock, valued at approximately $7,304,027.58. This represents a 8.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Amit Jhunjhunwala sold 1,700 shares of the stock in a transaction on Monday, June 16th. The shares were sold at an average price of $125.17, for a total value of $212,789.00. Following the transaction, the insider directly owned 25,890 shares of the company's stock, valued at approximately $3,240,651.30. This trade represents a 6.16% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,200 shares of company stock valued at $1,740,209. Company insiders own 1.90% of the company's stock.

Five Below Trading Up 1.8%

Shares of FIVE traded up $2.50 on Thursday, reaching $141.78. 1,165,960 shares of the company's stock traded hands, compared to its average volume of 1,939,570. The stock has a market cap of $7.81 billion, a PE ratio of 29.72 and a beta of 1.06. The stock's 50 day simple moving average is $133.10 and its two-hundred day simple moving average is $102.80. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $143.88.

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

Analyst Ratings Changes

FIVE has been the topic of a number of research reports. Bank of America upped 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. Citigroup upped their price target on Five Below from $135.00 to $142.00 and gave the stock a "neutral" rating in a research note on Tuesday. The Goldman Sachs Group increased their price objective on Five Below from $122.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. JPMorgan Chase & Co. increased their price objective on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Finally, Wells Fargo & Company increased their price objective on Five Below from $115.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, June 5th. Seven analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $123.53.

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.