Hudson Bay Capital Management LP Buys 446,301 Shares of Five Below, Inc. $FIVE

Hudson Bay Capital Management LP grew its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 1,770.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 471,506 shares of the specialty retailer’s stock after acquiring an additional 446,301 shares during the period. Hudson Bay Capital Management LP owned about 0.86% of Five Below worth $61,852,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Louisiana State Employees Retirement System raised its position in Five Below by 0.6% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer’s stock valued at $2,033,000 after purchasing an additional 100 shares in the last quarter. State of Michigan Retirement System raised its holdings in shares of Five Below by 0.8% in the second quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after acquiring an additional 100 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Five Below by 7.9% in the second quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock worth $213,000 after acquiring an additional 120 shares during the period. IFP Advisors Inc grew its holdings in Five Below by 653.8% during the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 170 shares in the last quarter. Finally, Somerset Trust Co increased its position in Five Below by 5.1% during the 2nd quarter. Somerset Trust Co now owns 3,723 shares of the specialty retailer’s stock valued at $488,000 after purchasing an additional 182 shares during the period.

Insiders Place Their Bets

In related 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 value of $94,862.72. Following the transaction, the insider directly owned 12,163 shares of the company’s stock, valued at $2,120,983.94. This represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Kenneth R. Bull sold 25,000 shares of Five Below stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $174.75, for a total value of $4,368,750.00. Following the sale, the chief operating officer directly owned 106,140 shares of the company’s stock, valued at approximately $18,547,965. This represents a 19.06% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on FIVE shares. Craig Hallum lifted their price objective 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. Bank of America lifted their price target on Five Below from $110.00 to $132.00 and gave the company an “underperform” rating in a report on Thursday, December 4th. Sanford C. Bernstein restated a “market perform” rating and set a $173.00 price objective on shares of Five Below in a research note on Thursday, December 4th. Citigroup lifted their target price on Five Below from $150.00 to $175.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Finally, Jefferies Financial Group boosted their target price on shares of Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $175.16.

Five Below Price Performance

Shares of NASDAQ:FIVE opened at $183.41 on Friday. The firm has a market capitalization of $10.12 billion, a P/E ratio of 32.93, a P/E/G ratio of 1.96 and a beta of 1.17. The business’s 50-day moving average is $157.68 and its 200 day moving average is $144.47. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $184.57.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The business had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The company’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.42 earnings per share. 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, analysts expect that Five Below, Inc. will post 4.93 EPS for the current 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.