Summit Creek Advisors LLC decreased its holdings in Five Below, Inc. (NASDAQ:FIVE – Free Report) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,949 shares of the specialty retailer’s stock after selling 4,975 shares during the quarter. Five Below makes up approximately 2.0% of Summit Creek Advisors LLC’s holdings, making the stock its 25th largest holding. Summit Creek Advisors LLC’s holdings in Five Below were worth $14,685,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. Vanguard Group Inc. grew its holdings in Five Below by 7.5% in the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock valued at $406,430,000 after purchasing an additional 376,932 shares during the period. Federated Hermes Inc. grew its stake in shares of Five Below by 26,340.9% during the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock valued at $111,337,000 after buying an additional 1,480,361 shares during the period. American Century Companies Inc. grew its stake in shares of Five Below by 494.5% during the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock valued at $88,042,000 after buying an additional 977,411 shares during the period. Samlyn Capital LLC increased its holdings in shares of Five Below by 3.7% during the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock worth $83,147,000 after buying an additional 39,375 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Five Below by 433.1% in the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock worth $54,668,000 after buying an additional 626,077 shares during the period.
Analyst Upgrades and Downgrades
Several brokerages have commented on FIVE. Wolfe Research began coverage on Five Below in a research note on Thursday, September 18th. They set an “outperform” rating and a $187.00 price target for the company. Craig Hallum raised their price target on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Evercore ISI lifted their price target on shares of Five Below from $170.00 to $175.00 and gave the company an “in-line” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Five Below in a research report on Wednesday, October 8th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $170.00 target price on shares of Five Below in a report on Thursday, October 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Five Below currently has a consensus rating of “Hold” and an average target price of $152.84.
Five Below Stock Performance
NASDAQ:FIVE opened at $155.94 on Thursday. The stock has a 50-day simple moving average of $152.38 and a 200 day simple moving average of $131.36. Five Below, Inc. has a one year low of $52.38 and a one year high of $168.98. The company has a market capitalization of $8.60 billion, a price-to-earnings ratio of 31.57, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21.
Five Below (NASDAQ:FIVE – Get Free Report) last issued its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $988.91 million. During the same quarter last year, the firm earned $0.54 EPS. The business’s revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. On average, equities research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current fiscal year.
Insider Activity at Five Below
In other news, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction dated Friday, August 29th. The shares were 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 directly owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. The trade was a 7.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.90% of the company’s stock.
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.
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