Trust Point Inc. Has $690,000 Stock Holdings 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. lessened its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 33.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm 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 filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Byrne Asset Management LLC bought a new stake in shares of Five Below during the 1st quarter worth approximately $29,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of Five Below by 1,097.4% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock worth $34,000 after acquiring an additional 417 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Five Below by 246.9% during the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock worth $37,000 after acquiring an additional 353 shares during the period. UMB Bank n.a. lifted its holdings in shares of Five Below by 61.7% during the 1st quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock worth $40,000 after acquiring an additional 206 shares during the period. Finally, Parallel Advisors LLC lifted its stake 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 purchasing an additional 216 shares during the last quarter.

Insider Transactions at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction on Friday, August 29th. The shares were 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 in the company, valued at $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider George Hill sold 1,500 shares of the stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the sale, the insider owned 42,672 shares of the company's stock, valued at approximately $5,974,080. This trade represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 7,818 shares of company stock worth $1,048,998 over the last three months. 1.90% of the stock is owned by company insiders.

Five Below Stock Down 2.2%

NASDAQ FIVE traded down $3.45 on Friday, hitting $151.99. The company's stock had a trading volume of 2,240,992 shares, compared to its average volume of 1,508,564. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $155.82. The company's 50-day moving average is $141.55 and its 200 day moving average is $111.71. The firm has a market cap of $8.38 billion, a PE ratio of 30.77, a PEG ratio of 2.22 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $988.91 million. During the same period in the prior year, the company posted $0.54 EPS. The company'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 expect that Five Below, Inc. will post 4.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on FIVE shares. Telsey Advisory Group raised shares of Five Below from a "market perform" rating to an "outperform" rating and increased their price objective for the company from $144.00 to $170.00 in a research note on Thursday, August 28th. Truist Financial increased their price objective on shares of Five Below from $141.00 to $148.00 and gave the company a "hold" rating in a research note on Thursday, August 28th. UBS Group increased their price objective on shares of Five Below from $160.00 to $184.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Wells Fargo & Company increased their price objective on shares of Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Finally, Morgan Stanley increased their price objective on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research note on Thursday, August 28th. Nine investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $146.55.

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.