American Century Companies Inc. boosted its position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 21.6% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 1,873,116 shares of the specialty retailer’s stock after buying an additional 332,615 shares during the quarter. American Century Companies Inc.’s holdings in Five Below were worth $289,771,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently modified their holdings of FIVE. Caitlin John LLC bought a new stake in shares of Five Below in the 3rd quarter valued at about $46,000. Accredited Wealth Management LLC increased its position in Five Below by 16,250.0% during the third quarter. Accredited Wealth Management LLC now owns 327 shares of the specialty retailer’s stock worth $51,000 after buying an additional 325 shares during the last quarter. Handelsbanken Fonder AB raised its stake in Five Below by 23.5% in the third quarter. Handelsbanken Fonder AB now owns 18,409 shares of the specialty retailer’s stock valued at $2,848,000 after buying an additional 3,500 shares during the period. Western Standard LLC acquired a new stake in shares of Five Below in the third quarter valued at approximately $6,281,000. Finally, R Squared Ltd bought a new position in shares of Five Below during the 3rd quarter worth approximately $467,000.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on FIVE shares. Barclays increased their price target on Five Below from $160.00 to $193.00 and gave the company a “positive” rating in a research note on Thursday, January 8th. Weiss Ratings restated a “hold (c)” rating on shares of Five Below in a research note on Thursday, January 22nd. Wall Street Zen lowered shares of Five Below from a “buy” rating to a “hold” rating in a research note on Sunday, February 8th. Craig Hallum reissued a “buy” rating on shares of Five Below in a report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft upgraded Five Below from a “hold” rating to a “buy” rating and set a $242.00 price objective for the company in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Five Below has an average rating of “Moderate Buy” and a consensus target price of $204.85.
Insider Activity at Five Below
In other Five Below news, Director Kathleen S. Barclay sold 2,200 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the transaction, the director owned 9,214 shares of the company’s stock, valued at $1,677,224.42. This represents a 19.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Maureen Marie Gellerman sold 544 shares of the stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $174.38, for a total value of $94,862.72. Following the completion of the transaction, the insider owned 12,163 shares of the company’s stock, valued at $2,120,983.94. This represents a 4.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 50,769 shares of company stock valued at $9,365,308. 1.90% of the stock is owned by company insiders.
Five Below Trading Down 0.7%
Shares of NASDAQ FIVE opened at $223.53 on Friday. The company has a market cap of $12.33 billion, a price-to-earnings ratio of 40.13, a PEG ratio of 1.72 and a beta of 1.14. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $229.33. The stock has a 50-day moving average price of $199.61 and a two-hundred day moving average price of $170.25.
Five Below (NASDAQ:FIVE – Get Free Report) last released its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $971.96 million. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.42 EPS. 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, sell-side analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current year.
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.
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