Wellington Management Group LLP Sells 55,708 Shares of Five Below, Inc. $FIVE

Key Points

• Wellington Management Group LLC sold 55,708 shares of Five Below, Inc., reducing its stake by 15.7% to approximately 299,500 shares valued at $22.44 million as of the most recent reporting period.
• Several large investors, including Vanguard and Federated Hermes, have significantly increased their holdings in Five Below, indicating growing institutional interest in the specialty retailer.
• Analysts have mixed ratings on Five Below, with price targets ranging from $93 to $165, highlighting differing opinions on the company's future performance amid a recent earnings beat.

Wellington Management Group LLP lowered its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 15.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 299,500 shares of the specialty retailer's stock after selling 55,708 shares during the period. Wellington Management Group LLP owned approximately 0.54% of Five Below worth $22,440,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in FIVE. Federated Hermes Inc. grew its stake in Five Below by 26,340.9% during the first 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 acquired a new stake in Five Below during the fourth quarter worth approximately $123,601,000. American Century Companies Inc. grew its stake in Five Below by 494.5% during the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock worth $88,042,000 after purchasing an additional 977,411 shares during the period. Man Group plc grew its stake in Five Below by 399.5% during the fourth 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, Vanguard Group Inc. grew its stake in Five Below by 7.5% during the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after purchasing an additional 376,932 shares during the period.

Analyst Ratings Changes

Several research firms recently commented on FIVE. JPMorgan Chase & Co. raised their target price on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a research note on Monday, July 21st. Telsey Advisory Group raised Five Below from a "market perform" rating to an "outperform" rating and raised their target price for the stock from $144.00 to $170.00 in a research note on Thursday. Loop Capital raised Five Below from a "hold" rating to a "buy" rating and raised their target price for the stock from $130.00 to $165.00 in a research note on Tuesday, August 12th. Morgan Stanley increased their price target on Five Below from $135.00 to $160.00 and gave the stock an "equal weight" rating in a report on Thursday. Finally, Bank of America increased their price target on Five Below from $93.00 to $110.00 and gave the stock an "underperform" rating in a report on Thursday. Eight research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Five Below currently has a consensus rating of "Hold" and an average target price of $143.56.

Insider Activity

In related news, insider George Hill sold 4,500 shares of Five Below stock in a transaction on Thursday, June 5th. The stock was sold at an average price of $132.93, for a total transaction of $598,185.00. Following the sale, the insider directly owned 44,130 shares in the company, valued at approximately $5,866,200.90. This trade represents a 9.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Eric M. Specter sold 5,500 shares of Five Below stock in a transaction on Thursday, June 26th. The stock was sold at an average price of $130.77, for a total value of $719,235.00. Following the sale, the chief accounting officer owned 55,854 shares in the company, valued at $7,304,027.58. This trade represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 13,200 shares of company stock worth $1,740,209 over the last 90 days. 1.90% of the stock is currently owned by corporate insiders.

Five Below Price Performance

Shares of FIVE stock traded down $4.93 during trading hours on Friday, reaching $145.10. The company had a trading volume of 2,077,799 shares, compared to its average volume of 1,942,961. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $154.30. The business has a fifty day simple moving average of $135.42 and a 200-day simple moving average of $104.90. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 29.37 and a beta of 1.06.

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, beating analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.49% and a net margin of 6.45%.The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same quarter last year, the company earned $0.54 earnings per share. The company's revenue for the quarter 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 research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.

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.