Truist Financial Corp Sells 335 Shares of Five Below, Inc. $FIVE

Truist Financial Corp lessened its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 6.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,496 shares of the specialty retailer’s stock after selling 335 shares during the period. Truist Financial Corp’s holdings in Five Below were worth $590,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock worth $406,430,000 after acquiring an additional 376,932 shares during the period. Federated Hermes Inc. lifted its holdings in shares of 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 worth $111,337,000 after acquiring an additional 1,480,361 shares during the period. American Century Companies Inc. lifted its stake in Five Below by 494.5% in the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock valued at $88,042,000 after purchasing an additional 977,411 shares during the last quarter. Samlyn Capital LLC lifted its stake in Five Below by 3.7% in the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock valued at $83,147,000 after purchasing an additional 39,375 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Five Below by 433.1% in the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock valued at $54,668,000 after purchasing an additional 626,077 shares during the last quarter.

Insider Buying and Selling at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the sale, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 1.90% of the stock is currently owned by company insiders.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $152.58 on Thursday. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $157.54. The firm has a 50 day moving average price of $146.97 and a two-hundred day moving average price of $120.90. The stock has a market cap of $8.41 billion, a P/E ratio of 30.89, a price-to-earnings-growth ratio of 2.19 and a beta of 1.18.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.20. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. During the same period in the prior year, the company posted $0.54 EPS. The company’s revenue was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently commented on FIVE. Sanford C. Bernstein began coverage on shares of Five Below in a research note on Wednesday, September 17th. They issued a “market perform” rating and a $160.00 price objective for the company. Barclays set a $135.00 price objective on shares of Five Below in a research note on Thursday, August 28th. Wells Fargo & Company increased their price objective on shares of Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Morgan Stanley increased their price objective on shares of Five Below from $135.00 to $160.00 and gave the company an “equal weight” rating in a research note on Thursday, August 28th. Finally, Evercore ISI increased their price objective on shares of Five Below from $150.00 to $157.00 and gave the company an “in-line” rating in a research note on Thursday, October 2nd. Nine equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Five Below currently has a consensus rating of “Hold” and a consensus target price of $150.21.

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.