JPMorgan Chase & Co. Grows Position in Five Below, Inc. $FIVE

JPMorgan Chase & Co. increased its position in Five Below, Inc. (NASDAQ:FIVE) by 0.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 462,503 shares of the specialty retailer’s stock after buying an additional 3,732 shares during the quarter. JPMorgan Chase & Co. owned 0.84% of Five Below worth $71,549,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Jennison Associates LLC grew its stake in shares of Five Below by 397.5% in the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock worth $126,777,000 after purchasing an additional 654,763 shares during the last quarter. Estate Counselors LLC purchased a new stake in Five Below in the 3rd quarter worth approximately $3,755,000. Charles Schwab Investment Management Inc. lifted its holdings in Five Below by 1.3% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 690,615 shares of the specialty retailer’s stock worth $90,595,000 after buying an additional 8,743 shares during the period. Pacer Advisors Inc. bought a new stake in shares of Five Below in the 3rd quarter worth approximately $1,121,000. Finally, Lisanti Capital Growth LLC purchased a new position in shares of Five Below during the second quarter valued at approximately $4,526,000.

Insider Buying and Selling at Five Below

In other Five Below news, Director Kathleen S. Barclay sold 2,200 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the sale, the director directly owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. The trade was a 19.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider George Hill sold 7,500 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $182.09, for a total value of $1,365,675.00. Following the transaction, the insider owned 32,913 shares of the company’s stock, valued at $5,993,128.17. The trade was a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 50,769 shares of company stock valued at $9,365,308 in the last ninety days. Corporate insiders own 1.90% of the company’s stock.

Five Below Price Performance

NASDAQ:FIVE opened at $221.40 on Wednesday. Five Below, Inc. has a one year low of $52.38 and a one year high of $224.80. The company’s 50-day simple moving average is $197.02 and its 200 day simple moving average is $168.85. The firm has a market capitalization of $12.21 billion, a P/E ratio of 39.75, a PEG ratio of 1.68 and a beta of 1.14.

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

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Telsey Advisory Group upped their target price on Five Below from $195.00 to $240.00 and gave the company an “outperform” rating in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft upgraded shares of Five Below from a “hold” rating to a “buy” rating and set a $242.00 price objective for the company in a report on Thursday, January 8th. Jefferies Financial Group lifted their target price on shares of Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. Sanford C. Bernstein reiterated a “market perform” rating and set a $206.00 price target on shares of Five Below in a research report on Monday, February 9th. Finally, Citigroup raised their price objective on shares of Five Below from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.85.

Five Below Profile

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.