Ground Swell Capital LLC Acquires New Shares in Five Below, Inc. $FIVE

Ground Swell Capital LLC acquired a new stake in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,246 shares of the specialty retailer’s stock, valued at approximately $502,000. Five Below comprises about 1.1% of Ground Swell Capital LLC’s holdings, making the stock its 27th largest holding.

Other large investors have also added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Five Below in the 2nd quarter worth $110,834,000. Jennison Associates LLC increased its holdings in Five Below by 397.5% in the 3rd quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock worth $126,777,000 after acquiring an additional 654,763 shares in the last quarter. Hudson Bay Capital Management LP increased its stake in shares of Five Below by 1,770.7% in the second quarter. Hudson Bay Capital Management LP now owns 471,506 shares of the specialty retailer’s stock worth $61,852,000 after purchasing an additional 446,301 shares in the last quarter. American Century Companies Inc. raised its holdings in Five Below by 31.1% during the second quarter. American Century Companies Inc. now owns 1,540,501 shares of the specialty retailer’s stock valued at $202,083,000 after acquiring an additional 365,426 shares during the period. Finally, Semper Augustus Investments Group LLC lifted its holdings in Five Below by 310.4% in the 2nd quarter. Semper Augustus Investments Group LLC now owns 322,806 shares of the specialty retailer’s stock worth $42,346,000 after purchasing an additional 244,142 shares in the last quarter.

Insider Activity at Five Below

In other news, insider Maureen Marie Gellerman sold 544 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $174.38, for a total transaction of $94,862.72. Following the transaction, the insider directly owned 12,163 shares of the company’s stock, valued at approximately $2,120,983.94. This trade represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, COO Kenneth R. Bull sold 1,925 shares of Five Below stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $202.29, for a total transaction of $389,408.25. Following the sale, the chief operating officer directly owned 99,115 shares of the company’s stock, valued at $20,049,973.35. This represents a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 50,769 shares of company stock worth $9,365,308 over the last ninety days. 1.90% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on FIVE. UBS Group set a $255.00 price target on shares of Five Below in a research note on Tuesday, January 13th. Wells Fargo & Company boosted their target price on shares of Five Below from $200.00 to $220.00 and gave the stock an “overweight” rating in a report on Tuesday, January 13th. Truist Financial set a $236.00 target price on shares of Five Below in a research report on Wednesday, January 14th. Mizuho lifted their price target on Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Five Below in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Five Below has an average rating of “Moderate Buy” and a consensus target price of $204.20.

Check Out Our Latest Analysis on Five Below

Five Below Stock Down 2.4%

FIVE opened at $201.23 on Friday. The business has a fifty day moving average of $191.19 and a 200 day moving average of $164.07. The stock has a market cap of $11.10 billion, a P/E ratio of 36.13, a PEG ratio of 1.58 and a beta of 1.14. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $210.33.

Five Below (NASDAQ:FIVEGet Free Report) last released its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.46. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $971.96 million. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The business’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period last year, the company 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. Equities analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

About Five Below

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVEFree Report).

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.