5,520 Shares in Five Below, Inc. $FIVE Bought by New York Life Investment Management LLC

New York Life Investment Management LLC purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,520 shares of the specialty retailer’s stock, valued at approximately $854,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Five Below in the 2nd quarter valued at about $110,834,000. Jennison Associates LLC increased its stake 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 purchasing an additional 654,763 shares during the period. Hudson Bay Capital Management LP lifted its position in 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 valued at $61,852,000 after purchasing an additional 446,301 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of 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 purchasing an additional 365,426 shares during the period. Finally, Semper Augustus Investments Group LLC grew its holdings in shares of Five Below by 310.4% in the second 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 during the last quarter.

Insider Buying and Selling at Five Below

In other Five Below news, insider Maureen Marie Gellerman sold 544 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $174.38, for a total value of $94,862.72. Following the sale, the insider owned 12,163 shares in the company, valued at approximately $2,120,983.94. This represents a 4.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Kenneth R. Bull sold 1,925 shares of the firm’s 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 transaction, 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 valued at $9,365,308 over the last three months. 1.90% of the stock is currently owned by corporate insiders.

Five Below Stock Up 2.3%

NASDAQ FIVE opened at $205.93 on Friday. The firm has a market capitalization of $11.36 billion, a PE ratio of 36.97, a P/E/G ratio of 1.54 and a beta of 1.14. The stock’s 50 day moving average is $191.84 and its 200 day moving average is $164.51. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $210.33.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating the consensus estimate of $0.22 by $0.46. The business had revenue of $1.04 billion during 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 for the quarter was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $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, research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current year.

Analyst Ratings Changes

FIVE has been the subject of several analyst reports. Wall Street Zen cut shares of Five Below from a “buy” rating to a “hold” rating in a research report on Sunday, February 8th. Truist Financial set a $236.00 target price on Five Below in a research note on Wednesday, January 14th. UBS Group set a $255.00 price target on Five Below in a report on Tuesday, January 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Five Below in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. lifted their price objective on Five Below from $210.00 to $246.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, Five Below presently has a consensus rating of “Moderate Buy” and an average price target of $204.20.

About Five Below

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.