Krilogy Financial LLC Purchases Shares of 3,226 Five Below, Inc. $FIVE

Krilogy Financial LLC acquired a new stake in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 3,226 shares of the specialty retailer’s stock, valued at approximately $503,000.

Other hedge funds have also modified their holdings of the company. Ballentine Partners LLC increased its position in Five Below by 4.5% during the third quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock worth $287,000 after purchasing an additional 80 shares during the last quarter. State of Michigan Retirement System grew its stake in shares of Five Below by 0.8% during the 2nd quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after buying an additional 100 shares during the period. True Wealth Design LLC increased its holdings in shares of Five Below by 25.2% during the 3rd quarter. True Wealth Design LLC now owns 562 shares of the specialty retailer’s stock worth $87,000 after buying an additional 113 shares during the last quarter. Lazard Asset Management LLC raised its position in shares of Five Below by 7.9% in the 2nd quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock worth $213,000 after buying an additional 120 shares during the period. Finally, Eastern Bank boosted its holdings in Five Below by 705.0% in the third quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 141 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Sanford C. Bernstein restated a “market perform” rating and set a $206.00 price target on shares of Five Below in a research note on Monday, February 9th. UBS Group set a $255.00 target price on shares of Five Below in a research report on Tuesday, January 13th. Bank of America raised shares of Five Below from an “underperform” rating to a “buy” rating and set a $233.00 price target on the stock in a research report on Wednesday, February 4th. Mizuho boosted their price objective on shares of Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. Finally, Telsey Advisory Group raised their target price on shares of Five Below from $195.00 to $240.00 and gave the company an “outperform” rating in a research note on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $204.20.

Read Our Latest Stock Analysis on FIVE

Five Below Stock Up 2.3%

FIVE opened at $205.93 on Friday. The firm’s 50 day moving average is $191.84 and its 200-day moving average is $164.68. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $210.33. The firm has a market capitalization of $11.36 billion, a P/E ratio of 36.97, a P/E/G ratio of 1.58 and a beta of 1.14.

Five Below (NASDAQ:FIVEGet Free Report) last announced its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share for the quarter, beating the consensus estimate 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 period in the prior year, the firm earned $0.42 earnings per share. The business’s quarterly revenue was up 23.1% compared to the same quarter last year. 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 expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Five Below

In other Five Below news, CAO Eric M. Specter sold 8,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The stock was 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 of the company’s stock, valued at $9,197,382.60. This represents a 15.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Kenneth R. Bull sold 1,925 shares of the firm’s stock in a transaction that occurred on Thursday, January 15th. The stock was 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. The trade was a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 50,769 shares of company stock valued at $9,365,308. Company insiders own 1.90% of the company’s stock.

Five Below Company Profile

(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.

See Also

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)

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