VIRGINIA RETIREMENT SYSTEMS ET Al Has $2.67 Million Position in Five Below, Inc. $FIVE

VIRGINIA RETIREMENT SYSTEMS ET Al lifted its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 77.0% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 17,244 shares of the specialty retailer’s stock after buying an additional 7,500 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Five Below were worth $2,668,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FIVE. Elevation Point Wealth Partners LLC bought a new position in Five Below in the 2nd quarter valued at about $26,000. IFP Advisors Inc grew its position in shares of Five Below by 653.8% in the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 170 shares during the last quarter. Allworth Financial LP increased its stake in shares of Five Below by 333.0% during the second quarter. Allworth Financial LP now owns 420 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 323 shares during the period. True Wealth Design LLC increased its stake in shares of Five Below by 1,940.9% during the second quarter. True Wealth Design LLC now owns 449 shares of the specialty retailer’s stock worth $59,000 after purchasing an additional 427 shares during the period. Finally, Concord Wealth Partners acquired a new stake in Five Below during the 2nd quarter worth approximately $66,000.

Analysts Set New Price Targets

A number of brokerages have commented on FIVE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Five Below in a report on Wednesday, October 8th. UBS Group boosted their target price on shares of Five Below from $204.00 to $210.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Telsey Advisory Group raised their price target on shares of Five Below from $170.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. Jefferies Financial Group lifted their price objective on shares of Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Finally, Truist Financial raised shares of Five Below from a “hold” rating to a “buy” rating and boosted their price objective for the company from $179.00 to $216.00 in a report on Monday, December 8th. One 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $177.79.

Five Below Stock Down 0.1%

FIVE opened at $188.36 on Friday. The stock has a market capitalization of $10.39 billion, a price-to-earnings ratio of 33.82, a P/E/G ratio of 2.01 and a beta of 1.13. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $192.45. The company has a 50-day simple moving average of $167.15 and a 200 day simple moving average of $150.49.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating 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 firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. During the same period last year, the firm earned $0.42 EPS. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. 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. Sell-side analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Insider Activity

In other Five Below news, insider Maureen Marie Gellerman sold 544 shares of the company’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $174.38, for a total transaction of $94,862.72. Following the completion of the sale, the insider directly owned 12,163 shares in the company, valued at $2,120,983.94. This represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Kenneth R. Bull sold 25,000 shares of the firm’s 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 completion of the sale, the chief operating officer directly owned 106,140 shares in the company, valued at approximately $18,547,965. This represents a 19.06% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 35,244 shares of company stock valued at $6,229,754 in the last three months. Company insiders own 1.90% of the company’s stock.

About Five Below

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.