FORA Capital LLC Acquires Shares of 29,613 Five Below, Inc. $FIVE

FORA Capital LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE) in the second quarter, HoldingsChannel reports. The institutional investor acquired 29,613 shares of the specialty retailer’s stock, valued at approximately $3,885,000.

A number of other institutional investors and hedge funds have also made changes to their positions in FIVE. Evergreen Capital Management LLC bought a new stake in Five Below in the 2nd quarter valued at about $222,000. Tower Research Capital LLC TRC raised its holdings in shares of Five Below by 9.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,069 shares of the specialty retailer’s stock worth $403,000 after purchasing an additional 255 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Five Below during the 2nd quarter valued at $550,000. Captrust Financial Advisors increased its stake in Five Below by 18.4% in the 2nd quarter. Captrust Financial Advisors now owns 12,764 shares of the specialty retailer’s stock worth $1,674,000 after purchasing an additional 1,988 shares in the last quarter. Finally, Voleon Capital Management LP acquired a new stake in shares of Five Below during the second quarter valued at approximately $320,000.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on FIVE shares. JPMorgan Chase & Co. upped their target price on Five Below from $186.00 to $197.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. Bank of America upped their target price on Five Below from $110.00 to $132.00 and gave the stock an “underperform” rating in a research report on Thursday, December 4th. Truist Financial upgraded Five Below from a “hold” rating to a “buy” rating and increased their target price for the company from $179.00 to $216.00 in a research note on Monday, December 8th. Craig Hallum upped their price objective on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Finally, Wall Street Zen cut shares of Five Below from a “buy” rating to a “hold” rating in a research note on Saturday, December 6th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned 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 “Moderate Buy” and a consensus target price of $175.16.

Insider Buying and Selling at Five Below

In other Five Below news, COO Kenneth R. Bull sold 25,000 shares of Five Below stock in a transaction on Friday, December 5th. The shares were sold at an average price of $174.75, for a total value of $4,368,750.00. Following the sale, the chief operating officer directly owned 106,140 shares in the company, valued at approximately $18,547,965. The trade was a 19.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Maureen Marie Gellerman sold 544 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $174.38, for a total value of $94,862.72. Following the sale, the insider owned 12,163 shares in the company, valued at $2,120,983.94. The trade was a 4.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 1.90% of the stock is owned by corporate insiders.

Five Below Stock Performance

NASDAQ:FIVE opened at $183.41 on Friday. The stock’s fifty day moving average price is $157.68 and its two-hundred day moving average price is $144.47. The company has a market cap of $10.12 billion, a price-to-earnings ratio of 32.93, a P/E/G ratio of 1.96 and a beta of 1.17. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $184.57.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping the consensus estimate of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $971.96 million. During the same quarter in the previous year, the company earned $0.42 EPS. Five Below’s revenue was up 23.1% on a year-over-year basis. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. On average, equities analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal 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.