11,820 Shares in Five Below, Inc. $FIVE Acquired by Vancity Investment Management Ltd

Key Points

• Vancity Investment Management Ltd acquired 11,820 shares of Five Below, Inc., valued at approximately $886,000, highlighting increased institutional interest in the stock.
• Five Below recently reported $1.03 billion in quarterly revenue, surpassing expectations and demonstrating a 23.7% increase from the previous year with earnings per share of $0.81.
• Wall Street analysts have upgraded Five Below's stock ratings, with several projecting price objectives ranging from $134.00 to $184.00, indicating strong confidence in the company's growth potential.

Vancity Investment Management Ltd bought a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 11,820 shares of the specialty retailer's stock, valued at approximately $886,000.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in Five Below by 2.4% during the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer's stock worth $501,000 after acquiring an additional 155 shares in the last quarter. State of Alaska Department of Revenue lifted its position in shares of Five Below by 2.6% during the 1st quarter. State of Alaska Department of Revenue now owns 6,440 shares of the specialty retailer's stock valued at $482,000 after acquiring an additional 165 shares during the period. ProShare Advisors LLC grew its holdings in shares of Five Below by 7.2% during the 4th quarter. ProShare Advisors LLC now owns 2,573 shares of the specialty retailer's stock worth $270,000 after purchasing an additional 173 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of Five Below by 4.1% in the 1st quarter. Arkadios Wealth Advisors now owns 5,249 shares of the specialty retailer's stock valued at $393,000 after purchasing an additional 205 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in shares of 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 purchasing an additional 206 shares in the last quarter.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Evercore ISI raised their price objective on Five Below from $132.00 to $134.00 and gave the company an "in-line" rating in a report on Tuesday, August 26th. JPMorgan Chase & Co. lifted their price objective on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research report on Monday, July 21st. Telsey Advisory Group upgraded Five Below from a "market perform" rating to an "outperform" rating and lifted their price target for the company from $144.00 to $170.00 in a research note on Thursday, August 28th. Bank of America lifted their price target 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, Wall Street Zen raised shares of Five Below from a "hold" rating to a "buy" rating in a report on Saturday, August 30th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $143.56.

Five Below Stock Performance

Shares of FIVE traded down $5.87 on Friday, hitting $139.90. 1,477,526 shares of the stock traded hands, compared to its average volume of 1,429,363. The company has a market capitalization of $7.72 billion, a PE ratio of 28.32, a P/E/G ratio of 2.13 and a beta of 1.09. The business has a 50 day simple moving average of $139.44 and a 200 day simple moving average of $109.31. Five Below, Inc. has a one year low of $52.38 and a one year high of $155.34.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.61 by $0.20. The company had revenue of $1.03 billion for the quarter, compared to analysts' expectations of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The firm's quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter last year, the company posted $0.54 earnings per share. 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 earnings per share for the current year.

Insider Activity

In related news, insider Amit Jhunjhunwala sold 1,700 shares of Five Below stock in a transaction on Monday, June 16th. The shares were sold at an average price of $125.17, for a total transaction of $212,789.00. Following the transaction, the insider owned 25,890 shares in the company, valued at approximately $3,240,651.30. The trade was a 6.16% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ronald James Masciantonio sold 818 shares of Five Below 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 owned 9,858 shares in the company, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 9,518 shares of company stock worth $1,261,787 in the last quarter. Corporate 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.