Trust Point Inc. Lowers Stock Position in Five Below, Inc. $FIVE

Key Points

• Trust Point Inc. reduced its holdings in Five Below, Inc. by 33.7%, selling 2,676 shares in the second quarter and ending with a total of 5,257 shares valued at $690,000.
• The specialty retailer reported $0.81 EPS for the quarter, surpassing analyst expectations and showing a significant revenue increase of 23.7% year-over-year.
• Multiple analysts have recently raised their price targets for Five Below, with Telsey Advisory Group increasing it from $144.00 to $170.00 and UBS Group to $184.00, indicating strong market confidence.

Trust Point Inc. decreased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 33.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 5,257 shares of the specialty retailer's stock after selling 2,676 shares during the period. Trust Point Inc.'s holdings in Five Below were worth $690,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Byrne Asset Management LLC bought a new stake in shares of Five Below during the first quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd increased its position in shares of Five Below by 1,097.4% during the first 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 in the last quarter. Bessemer Group Inc. increased its position in shares of Five Below by 246.9% during the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after acquiring an additional 353 shares in the last quarter. Parallel Advisors LLC increased its position in shares of Five Below by 68.4% during the second quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer's stock valued at $70,000 after acquiring an additional 216 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Five Below by 61.7% during the first 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 in the last quarter.

Five Below Price Performance

Shares of Five Below stock traded up $1.75 during trading hours on Monday, reaching $153.74. The company's stock had a trading volume of 699,274 shares, compared to its average volume of 1,896,596. The firm has a 50 day moving average price of $141.55 and a 200-day moving average price of $111.89. Five Below, Inc. has a one year low of $52.38 and a one year high of $155.82. The stock has a market cap of $8.48 billion, a P/E ratio of 31.12, a P/E/G ratio of 2.22 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its 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 net margin of 6.45% and a return on equity of 17.13%. The firm had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $988.91 million. During the same period in the previous year, the firm posted $0.54 EPS. The business's quarterly 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. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on FIVE. Citigroup raised their price target on shares of Five Below from $142.00 to $152.00 and gave the company a "neutral" rating in a research report on Thursday, August 28th. Guggenheim raised their target price on shares of Five Below from $155.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, August 29th. UBS Group raised their target price on shares of Five Below from $160.00 to $184.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Bank of America raised their target price on shares of Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a report on Thursday, August 28th. Finally, Wells Fargo & Company raised their target price on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $146.55.

Insider Buying and Selling at Five Below

In other Five Below news, EVP Ronald James Masciantonio sold 818 shares of the business's stock in a transaction that occurred 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 transaction, the executive vice president owned 9,858 shares in the company, valued at $1,443,309.78. The trade was a 7.66% decrease in their ownership of the stock. The sale was disclosed in a filing 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 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 owned 55,854 shares in the company, valued at $7,304,027.58. This represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 7,818 shares of company stock worth $1,048,998 over the last 90 days. Company insiders own 1.90% of the company's stock.

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.