Quantitative Investment Management LLC Has $624,000 Position in Five Below, Inc. $FIVE

Key Points

• Quantitative Investment Management LLC reduced its stake in Five Below, selling 7,407 shares to hold 8,330 shares, representing a 47.1% decrease in its investment during the 1st quarter.
• Insider Amit Jhunjhunwala sold 1,700 shares for approximately $212,789, while CAO Eric M. Specter sold 5,500 shares for around $719,235, marking significant declines in their respective ownerships.
• Five Below's recent earnings showed a profit of $0.86 per share, exceeding expectations, with forecasted FY 2025 earnings per share guidance between $4.250 and $4.720.

Quantitative Investment Management LLC reduced its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 47.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,330 shares of the specialty retailer's stock after selling 7,407 shares during the period. Quantitative Investment Management LLC's holdings in Five Below were worth $624,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in FIVE. State of Tennessee Department of Treasury increased its stake in shares of Five Below by 4.6% in the fourth quarter. State of Tennessee Department of Treasury now owns 22,064 shares of the specialty retailer's stock worth $2,316,000 after buying an additional 978 shares during the last quarter. MGO One Seven LLC bought a new stake in Five Below during the fourth quarter valued at $215,000. Banco Bilbao Vizcaya Argentaria S.A. bought a new position in shares of Five Below during the fourth quarter worth about $204,000. The Manufacturers Life Insurance Company grew its position in shares of Five Below by 1.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 44,334 shares of the specialty retailer's stock worth $4,653,000 after acquiring an additional 698 shares during the last quarter. Finally, Northern Trust Corp grew its position in shares of Five Below by 23.4% during the fourth quarter. Northern Trust Corp now owns 553,939 shares of the specialty retailer's stock worth $58,141,000 after acquiring an additional 104,883 shares during the last quarter.

Analysts Set New Price Targets

Several research firms recently weighed in on FIVE. Telsey Advisory Group raised shares of Five Below from a "market perform" rating to an "outperform" rating and upped their price objective for the stock from $144.00 to $170.00 in a report on Thursday. Wells Fargo & Company upped their price objective on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday. Morgan Stanley upped their price objective on shares of Five Below from $135.00 to $160.00 and gave the stock an "equal weight" rating in a report on Thursday. Loop Capital raised shares of Five Below from a "hold" rating to a "buy" rating and upped their price objective for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. Finally, Evercore ISI upped their price objective on shares of Five Below from $132.00 to $134.00 and gave the stock an "in-line" rating in a report on Tuesday. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $143.56.

Insider Activity at Five Below

In other news, insider George Hill sold 1,500 shares of the company's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $140.00, for a total value of $210,000.00. Following the transaction, the insider owned 42,672 shares in the company, valued at $5,974,080. This represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 value of $719,235.00. Following the completion of the transaction, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. This represents a 8.96% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 13,200 shares of company stock worth $1,740,209. 1.90% of the stock is owned by corporate insiders.

Five Below Trading Down 3.3%

Shares of Five Below stock traded down $4.93 on Friday, reaching $145.10. 2,077,799 shares of the company were exchanged, compared to its average volume of 1,942,961. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $154.30. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of 29.37 and a beta of 1.06. The stock has a fifty day moving average price of $135.42 and a 200-day moving average price of $104.90.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.49% and a net margin of 6.45%.The firm had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. During the same quarter last year, the business posted $0.54 EPS. Five Below'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, equities analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

About Five Below

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.