Russell Investments Group Ltd. Sells 169 Shares of Five Below, Inc. $FIVE

Russell Investments Group Ltd. reduced its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 0.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 25,301 shares of the specialty retailer’s stock after selling 169 shares during the quarter. Russell Investments Group Ltd.’s holdings in Five Below were worth $1,896,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FIVE. Federated Hermes Inc. increased its stake in Five Below by 26,340.9% during the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock valued at $111,337,000 after purchasing an additional 1,480,361 shares in the last quarter. Steadfast Capital Management LP bought a new stake in Five Below during the 4th quarter valued at about $123,601,000. Man Group plc increased its stake in Five Below by 399.5% during the 4th quarter. Man Group plc now owns 562,902 shares of the specialty retailer’s stock valued at $59,082,000 after purchasing an additional 450,215 shares in the last quarter. Vanguard Group Inc. increased its stake in Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock valued at $406,430,000 after purchasing an additional 376,932 shares in the last quarter. Finally, Schonfeld Strategic Advisors LLC increased its stake in Five Below by 7,542.3% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 287,351 shares of the specialty retailer’s stock valued at $30,160,000 after purchasing an additional 283,591 shares in the last quarter.

Analyst Ratings Changes

A number of brokerages have recently issued reports on FIVE. Morgan Stanley raised their price target on shares of Five Below from $110.00 to $135.00 and gave the company an “equal weight” rating in a report on Thursday, June 5th. Citigroup lifted their price target on shares of Five Below from $135.00 to $142.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 19th. Wells Fargo & Company lifted their price target on shares of Five Below from $115.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, June 5th. Evercore ISI lifted their price target on shares of Five Below from $132.00 to $134.00 and gave the stock an “in-line” rating in a research note on Tuesday. Finally, Telsey Advisory Group lifted their price target on shares of Five Below from $128.00 to $144.00 and gave the stock a “market perform” rating in a research note on Friday, August 22nd. Seven investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Five Below has an average rating of “Hold” and a consensus price target of $124.47.

Insider Activity at Five Below

In related news, insider Amit Jhunjhunwala sold 1,700 shares of the business’s stock in a transaction that occurred on Monday, June 16th. The shares were sold at an average price of $125.17, for a total transaction of $212,789.00. Following the completion of the sale, the insider directly owned 25,890 shares in the company, valued at approximately $3,240,651.30. The trade was a 6.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Eric M. Specter sold 5,500 shares of the business’s stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $130.77, for a total transaction of $719,235.00. Following the sale, the chief accounting officer owned 55,854 shares of the company’s stock, valued at $7,304,027.58. This trade represents a 8.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 13,200 shares of company stock worth $1,740,209. 1.90% of the stock is owned by company insiders.

Five Below Trading Up 1.1%

Shares of NASDAQ FIVE opened at $141.98 on Wednesday. The firm has a 50 day moving average of $134.46 and a 200 day moving average of $104.21. The firm has a market capitalization of $7.82 billion, a price-to-earnings ratio of 29.77 and a beta of 1.06. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $144.68.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $970.53 million during the quarter, compared to analyst estimates of $966.29 million. Five Below had a net margin of 6.52% and a return on equity of 17.00%. The firm’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.60 earnings per share. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. Sell-side analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below Company Profile

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.