Wealth Enhancement Advisory Services LLC decreased its stake in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 9.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 13,118 shares of the specialty retailer’s stock after selling 1,341 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Five Below were worth $1,739,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIVE. Versant Capital Management Inc acquired a new stake in Five Below in the 1st quarter valued at approximately $129,000. GAMMA Investing LLC grew its holdings in shares of Five Below by 7,331.9% during the 1st quarter. GAMMA Investing LLC now owns 101,074 shares of the specialty retailer’s stock worth $7,573,000 after purchasing an additional 99,714 shares in the last quarter. Rhumbline Advisers grew its holdings in shares of Five Below by 0.5% during the 1st quarter. Rhumbline Advisers now owns 158,663 shares of the specialty retailer’s stock worth $11,888,000 after purchasing an additional 864 shares in the last quarter. Merit Financial Group LLC acquired a new stake in shares of Five Below during the 1st quarter worth approximately $514,000. Finally, Chemistry Wealth Management LLC grew its holdings in shares of Five Below by 26.1% during the 1st quarter. Chemistry Wealth Management LLC now owns 5,672 shares of the specialty retailer’s stock worth $425,000 after purchasing an additional 1,174 shares in the last quarter.
Insiders Place Their Bets
In related news, insider George Hill sold 1,500 shares of Five Below stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the completion of the sale, the insider directly owned 42,672 shares of the company’s stock, valued at $5,974,080. The trade was a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction on Friday, August 29th. The stock was sold at an average price of $146.41, for a total value of $119,763.38. Following the sale, the executive vice president directly owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This trade represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.
Five Below Stock Up 0.4%
Five Below (NASDAQ:FIVE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping analysts’ consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. During the same period in the previous year, the firm earned $0.54 earnings per share. The firm’s quarterly revenue was up 23.7% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. As a group, equities research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
FIVE has been the topic of several recent research reports. Truist Financial lifted their price objective on Five Below from $141.00 to $148.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. Loop Capital raised Five Below from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $130.00 to $165.00 in a report on Tuesday, August 12th. JPMorgan Chase & Co. lifted their price objective on Five Below from $105.00 to $154.00 and gave the stock a “neutral” rating in a report on Monday, July 21st. Citigroup lifted their price objective on Five Below from $142.00 to $152.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Finally, Sanford C. Bernstein initiated coverage on Five Below in a report on Wednesday, September 17th. They set a “market perform” rating and a $160.00 price objective on the stock. Nine equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $149.00.
View Our Latest Report on FIVE
Five Below 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.
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