Five Below, Inc. $FIVE Shares Acquired by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in Five Below by 7.5%, owning approximately 5.4 million shares valued at $406 million.
• Multiple analysts raised their price targets for Five Below, with Morgan Stanley setting it at $135, contributing to an average target of $121.47 across ratings.
• Insider trading activity included significant sales, with insider Amit Jhunjhunwala selling 1,700 shares, representing a 6.16% decrease in his ownership.

Vanguard Group Inc. lifted its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 7.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 5,424,495 shares of the specialty retailer's stock after purchasing an additional 376,932 shares during the quarter. Vanguard Group Inc. owned about 9.85% of Five Below worth $406,430,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Federated Hermes Inc. boosted its holdings in shares of Five Below by 26,340.9% in the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock worth $111,337,000 after purchasing an additional 1,480,361 shares during the period. Steadfast Capital Management LP purchased a new position in shares of Five Below in the 4th quarter worth approximately $123,601,000. Stephens Investment Management Group LLC boosted its holdings in shares of Five Below by 14.9% in the 1st quarter. Stephens Investment Management Group LLC now owns 710,782 shares of the specialty retailer's stock worth $53,255,000 after purchasing an additional 92,410 shares during the period. Man Group plc boosted its holdings in shares of Five Below by 399.5% in the 4th quarter. Man Group plc now owns 562,902 shares of the specialty retailer's stock worth $59,082,000 after purchasing an additional 450,215 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Five Below by 23.4% in the 4th quarter. Northern Trust Corp now owns 553,939 shares of the specialty retailer's stock worth $58,141,000 after purchasing an additional 104,883 shares during the period.

Five Below Stock Performance

Shares of FIVE stock traded down $1.1150 during trading hours on Tuesday, reaching $140.7650. The company had a trading volume of 647,900 shares, compared to its average volume of 1,944,474. The stock has a fifty day moving average of $132.46 and a 200-day moving average of $102.28. The company has a market capitalization of $7.75 billion, a price-to-earnings ratio of 29.54 and a beta of 1.06. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $143.88.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The company had revenue of $970.53 million during the quarter, compared to analyst estimates of $966.29 million. During the same period in the prior year, the business posted $0.60 earnings per share. The firm's revenue for the quarter was up 19.5% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. On average, analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Activity at Five Below

In other news, CAO Eric M. Specter sold 5,500 shares of Five Below 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 sale, the chief accounting officer owned 55,854 shares in the company, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Amit Jhunjhunwala sold 1,700 shares of Five Below stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $125.17, for a total value of $212,789.00. Following the sale, the insider owned 25,890 shares in the company, valued at $3,240,651.30. This trade represents a 6.16% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 13,200 shares of company stock worth $1,740,209. Company insiders own 1.90% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. Mizuho lifted their target price on Five Below from $115.00 to $132.00 and gave the stock a "neutral" rating in a report on Tuesday. The Goldman Sachs Group raised their price target on Five Below from $122.00 to $135.00 and gave the stock a "buy" rating in a research note on Wednesday, June 25th. Citigroup raised their price target on Five Below from $135.00 to $142.00 and gave the stock a "neutral" rating in a research note on Tuesday. Bank of America lifted their target price on Five Below from $78.00 to $93.00 and gave the company an "underperform" rating in a research report on Thursday, June 5th. Finally, JPMorgan Chase & Co. lifted their target price on Five Below from $105.00 to $154.00 and gave the company a "neutral" rating in a research report on Monday, July 21st. Seven equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Five Below currently has an average rating of "Hold" and an average target price of $123.53.

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.