Obermeyer Wealth Partners Buys Shares of 3,036 Five Below, Inc. $FIVE

Obermeyer Wealth Partners bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,036 shares of the specialty retailer’s stock, valued at approximately $398,000.

A number of other institutional investors and hedge funds have also bought and sold shares of FIVE. IFP Advisors Inc increased its holdings in shares of Five Below by 653.8% in the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Caitong International Asset Management Co. Ltd increased its holdings in shares of Five Below by 1,097.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock valued at $34,000 after acquiring an additional 417 shares during the period. Concord Wealth Partners purchased a new position in shares of Five Below in the 2nd quarter valued at $66,000. Parallel Advisors LLC increased its holdings in shares of Five Below by 68.4% in the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 216 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of Five Below by 143.0% in the 1st quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock valued at $82,000 after acquiring an additional 645 shares during the period.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on FIVE shares. The Goldman Sachs Group lifted their price target on Five Below from $143.00 to $162.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Evercore ISI lifted their price target on Five Below from $170.00 to $175.00 and gave the company an “in-line” rating in a report on Tuesday, October 21st. Craig Hallum boosted their target price on Five Below from $164.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Wolfe Research assumed coverage on Five Below in a research note on Thursday, September 18th. They set an “outperform” rating and a $187.00 target price on the stock. Finally, Sanford C. Bernstein assumed coverage on Five Below in a research note on Wednesday, September 17th. They set a “market perform” rating and a $160.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Five Below presently has an average rating of “Hold” and an average price target of $152.84.

Insiders Place Their Bets

In related news, EVP Ronald James Masciantonio sold 818 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the transaction, the executive vice president owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

Five Below Stock Performance

Five Below stock opened at $158.44 on Tuesday. The company has a market cap of $8.74 billion, a PE ratio of 32.07, a PEG ratio of 2.33 and a beta of 1.18. The business’s 50-day simple moving average is $151.86 and its two-hundred day simple moving average is $130.57. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $168.98.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.20. The business 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 for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. As a group, analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

About Five Below

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.