Riverbridge Partners LLC Sells 102,248 Shares of Five Below, Inc. $FIVE

Key Points

• Riverbridge Partners LLC reduced its stake in Five Below, Inc. by 9.1%, selling 102,248 shares, which now represents 2.2% of its portfolio.
• Analysts have raised their target prices for Five Below, with UBS Group setting a new target at $184.00 and nine analysts rating the stock as a Buy.
• Five Below recently reported quarterly earnings of $0.81 EPS, surpassing analysts' expectations and marking a 23.7% year-over-year revenue increase.

Riverbridge Partners LLC trimmed its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 9.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,026,993 shares of the specialty retailer's stock after selling 102,248 shares during the quarter. Five Below comprises 2.2% of Riverbridge Partners LLC's portfolio, making the stock its 10th largest position. Riverbridge Partners LLC owned approximately 1.87% of Five Below worth $134,721,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Byrne Asset Management LLC acquired a new stake in shares of Five Below during the 1st quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd increased its position 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 valued at $34,000 after acquiring an additional 417 shares during the period. Bessemer Group Inc. increased its position in Five Below by 246.9% in the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after acquiring an additional 353 shares during the period. UMB Bank n.a. increased its position in Five Below by 61.7% in the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock valued at $40,000 after acquiring an additional 206 shares during the period. Finally, Parallel Advisors LLC increased its position in Five Below by 68.4% in the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer's stock valued at $70,000 after acquiring an additional 216 shares during the period.

Analyst Upgrades and Downgrades

FIVE has been the topic of several analyst reports. Morgan Stanley raised their target price on Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Mizuho raised their target price on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a research report on Thursday, August 28th. Telsey Advisory Group restated an "outperform" rating and issued a $170.00 target price on shares of Five Below in a research report on Wednesday. Truist Financial raised their target price on Five Below from $141.00 to $148.00 and gave the company a "hold" rating in a research report on Thursday, August 28th. Finally, UBS Group raised their target price on Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a research report on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $149.00.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $154.18 on Thursday. The stock has a fifty day moving average price of $142.75 and a two-hundred day moving average price of $112.98. The firm has a market cap of $8.50 billion, a P/E ratio of 31.21, a PEG ratio of 2.26 and a beta of 1.09. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $156.50.

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 (EPS) for the quarter, beating analysts' consensus estimates of $0.61 by $0.20. The firm had revenue of $1.03 billion during the quarter, compared to analyst estimates of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The firm's quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the company 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. On average, research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of the firm's 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 completion of the sale, the executive vice president directly owned 9,858 shares of the company's stock, valued at $1,443,309.78. This trade represents a 7.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider George Hill sold 1,500 shares of the firm's stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total value of $210,000.00. Following the sale, the insider directly owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 1.90% of the company's stock.

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.

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