Corient Private Wealth LLC Buys New Shares in Five Below, Inc. $FIVE

Corient Private Wealth LLC purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,084 shares of the specialty retailer’s stock, valued at approximately $536,000.

Other hedge funds also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Five Below during the second quarter worth about $110,834,000. AQR Capital Management LLC lifted its stake in Five Below by 433.1% in the first quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock worth $54,668,000 after acquiring an additional 626,077 shares during the last quarter. Hudson Bay Capital Management LP grew its holdings in Five Below by 1,770.7% during the 2nd quarter. Hudson Bay Capital Management LP now owns 471,506 shares of the specialty retailer’s stock worth $61,852,000 after acquiring an additional 446,301 shares in the last quarter. American Century Companies Inc. increased its position in shares of Five Below by 31.1% in the 2nd 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 last quarter. Finally, BNP Paribas Financial Markets raised its holdings in shares of Five Below by 84.0% in the 1st quarter. BNP Paribas Financial Markets now owns 650,058 shares of the specialty retailer’s stock valued at $48,706,000 after purchasing an additional 296,771 shares in the last quarter.

Insider Buying and Selling at Five Below

In other Five Below news, COO Kenneth R. Bull sold 25,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were sold at an average price of $174.75, for a total transaction of $4,368,750.00. Following the transaction, the chief operating officer directly owned 106,140 shares of the company’s stock, valued at approximately $18,547,965. This trade represents a 19.06% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider George Hill sold 7,500 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $182.09, for a total transaction of $1,365,675.00. Following the completion of the sale, the insider directly owned 32,913 shares of the company’s stock, valued at $5,993,128.17. The trade was a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 35,244 shares of company stock worth $6,229,754 in the last quarter. 1.90% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. UBS Group boosted their target price on shares of Five Below from $204.00 to $210.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Morgan Stanley lifted their price target on Five Below from $160.00 to $190.00 and gave the stock an “equal weight” rating in a report on Monday, December 8th. Mizuho set a $165.00 price objective on Five Below in a report on Thursday, December 4th. Wall Street Zen lowered Five Below from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $173.00 price target on shares of Five Below in a report on Thursday, December 4th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Five Below presently has a consensus rating of “Moderate Buy” and a consensus price target of $177.79.

Five Below Stock Performance

Five Below stock opened at $189.89 on Monday. The company has a market capitalization of $10.47 billion, a P/E ratio of 34.09, a PEG ratio of 2.03 and a beta of 1.17. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $192.45. The stock has a 50-day simple moving average of $164.41 and a 200-day simple moving average of $149.04.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping the consensus estimate of $0.22 by $0.46. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. During the same quarter in the previous year, the company posted $0.42 earnings per share. The firm’s 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. As a group, analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

Five Below Profile

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.