Janney Montgomery Scott LLC lowered its stake in Five Below, Inc. (NASDAQ:FIVE – Free Report) by 31.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,079 shares of the specialty retailer’s stock after selling 5,128 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Five Below were worth $1,453,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently made changes to their positions in the company. Jump Financial LLC increased its holdings in shares of Five Below by 41.3% in the 1st quarter. Jump Financial LLC now owns 159,433 shares of the specialty retailer’s stock valued at $11,946,000 after purchasing an additional 46,586 shares during the period. Summit Trail Advisors LLC acquired a new position in shares of Five Below in the 1st quarter valued at about $247,000. PNC Financial Services Group Inc. increased its holdings in shares of Five Below by 2.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer’s stock valued at $501,000 after purchasing an additional 155 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Five Below by 100.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer’s stock valued at $1,083,000 after purchasing an additional 7,258 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its holdings in shares of Five Below by 122.9% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 242,509 shares of the specialty retailer’s stock valued at $18,547,000 after purchasing an additional 133,698 shares during the period.
Insider Buying and Selling
In other Five Below news, insider George Hill sold 1,500 shares of the company’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the sale, the insider owned 42,672 shares of the company’s stock, valued at $5,974,080. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of the company’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $146.41, for a total value of $119,763.38. Following the sale, the executive vice president directly owned 9,858 shares of the company’s stock, valued at $1,443,309.78. The trade was a 7.66% decrease in their position. The disclosure for this sale can be found here. 1.90% of the stock is owned by corporate insiders.
Five Below Stock Down 8.3%
Five Below (NASDAQ:FIVE – Get Free Report) last announced its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.61 by $0.20. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.
Analyst Upgrades and Downgrades
A number of equities analysts have recently weighed in on the company. Wells Fargo & Company upped their target price on Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Guggenheim increased their price objective on Five Below from $155.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, August 29th. Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a report on Saturday, August 30th. Barclays set a $135.00 price objective on Five Below in a report on Thursday, August 28th. Finally, JPMorgan Chase & Co. increased their price objective on Five Below from $105.00 to $154.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Five Below has an average rating of “Hold” and an average target price of $150.21.
View Our Latest Analysis on Five Below
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.
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