Hook Mill Capital Partners LP boosted its position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 64.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 453,643 shares of the specialty retailer’s stock after acquiring an additional 178,358 shares during the quarter. Five Below accounts for 5.8% of Hook Mill Capital Partners LP’s portfolio, making the stock its 3rd biggest holding. Hook Mill Capital Partners LP owned 0.82% of Five Below worth $59,509,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. IFP Advisors Inc increased its position in shares of Five Below by 653.8% during the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 170 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Five Below during the 2nd quarter valued at $26,000. Allworth Financial LP increased its stake in shares of Five Below by 333.0% in the 2nd quarter. Allworth Financial LP now owns 420 shares of the specialty retailer’s stock worth $55,000 after purchasing an additional 323 shares in the last quarter. True Wealth Design LLC lifted its position in Five Below by 1,940.9% during the second quarter. True Wealth Design LLC now owns 449 shares of the specialty retailer’s stock valued at $59,000 after purchasing an additional 427 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its stake in 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 worth $34,000 after buying an additional 417 shares in the last quarter.
Insider Buying and Selling
In other Five Below news, insider Maureen Marie Gellerman sold 544 shares of Five Below stock in a transaction dated 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 owned 12,163 shares in the company, valued at $2,120,983.94. The trade was a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Kenneth R. Bull sold 25,000 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $174.75, for a total transaction of $4,368,750.00. Following the sale, the chief operating officer directly owned 106,140 shares of the company’s stock, valued at $18,547,965. The trade was a 19.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.90% of the company’s stock.
Five Below Trading Up 1.1%
Five Below (NASDAQ:FIVE – Get Free Report) last released its quarterly earnings data 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 company had revenue of $1.04 billion during the quarter, compared to analyst estimates of $971.96 million. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The firm’s revenue for the quarter was up 23.1% compared to the same quarter last year. During the same period in the prior 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. Research analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
FIVE has been the subject of a number of recent analyst reports. Morgan Stanley upped their price objective on Five Below from $160.00 to $190.00 and gave the stock an “equal weight” rating in a research note on Monday. Wolfe Research started coverage on Five Below in a research note on Thursday, September 18th. They set an “outperform” rating and a $187.00 price objective on the stock. Evercore ISI raised their price objective on Five Below from $175.00 to $180.00 and gave the company an “in-line” rating in a research note on Thursday, December 4th. Guggenheim boosted their target price on Five Below from $165.00 to $185.00 and gave the company a “buy” rating in a research report on Tuesday, December 2nd. Finally, Wall Street Zen downgraded Five Below from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $175.16.
View Our Latest Stock Analysis on FIVE
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.
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