Strs Ohio decreased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 86.9% in the third quarter, Holdings Channel reports. The firm owned 1,287 shares of the specialty retailer’s stock after selling 8,536 shares during the quarter. Strs Ohio’s holdings in Five Below were worth $199,000 at the end of the most recent reporting period.
Several other large investors also recently modified their holdings of the stock. Eastern Bank raised its holdings in shares of Five Below by 705.0% in the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after buying an additional 141 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in Five Below during the second quarter worth $26,000. IFP Advisors Inc lifted its holdings in shares of Five Below by 653.8% during the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Mather Group LLC. bought a new position in shares of Five Below during the third quarter valued at $40,000. Finally, SJS Investment Consulting Inc. boosted its stake in shares of Five Below by 15,500.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 312 shares of the specialty retailer’s stock valued at $48,000 after purchasing an additional 310 shares in the last quarter.
Insider Buying and Selling at Five Below
In related news, CAO Eric M. Specter sold 8,500 shares of the stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total value of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares in the company, valued at $9,197,382.60. This represents a 15.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider George Hill sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $182.09, for a total transaction of $1,365,675.00. Following the completion of the transaction, the insider directly owned 32,913 shares in the company, valued at approximately $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 sold a total of 50,769 shares of company stock valued at $9,365,308 over the last 90 days. Company insiders own 1.90% of the company’s stock.
Five Below Stock Performance
Five Below (NASDAQ:FIVE – Get Free Report) last posted its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.46. The business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The firm’s quarterly revenue was up 23.1% compared to the same quarter last year. During the same quarter last year, the business 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 research analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on FIVE. Truist Financial set a $236.00 target price on shares of Five Below in a research report on Wednesday, January 14th. Telsey Advisory Group boosted their target price on Five Below from $195.00 to $240.00 and gave the stock an “outperform” rating in a report on Tuesday, January 13th. Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a report on Friday, January 16th. Loop Capital reissued a “buy” rating and issued a $200.00 price objective on shares of Five Below in a research note on Wednesday, December 17th. Finally, JPMorgan Chase & Co. increased their target price on Five Below from $210.00 to $246.00 and gave the stock an “overweight” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Five Below has a consensus rating of “Moderate Buy” and an average price target of $198.60.
View Our Latest Research Report on FIVE
Five Below Company 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.
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