Five Below, Inc. $FIVE Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans cut its holdings in Five Below, Inc. (NASDAQ:FIVE) by 13.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 21,139 shares of the specialty retailer’s stock after selling 3,338 shares during the period. Thrivent Financial for Lutherans’ holdings in Five Below were worth $3,270,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Ballentine Partners LLC grew its holdings in shares of Five Below by 4.5% during the 3rd 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 period. Louisiana State Employees Retirement System lifted its position in Five Below by 0.6% in the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer’s stock valued at $2,033,000 after buying an additional 100 shares during the last quarter. State of Michigan Retirement System lifted its position in Five Below by 0.8% in the second 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 last quarter. True Wealth Design LLC boosted its stake in Five Below by 25.2% during the third 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 period. Finally, Lazard Asset Management LLC increased its position in shares of Five Below by 7.9% during the second quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock valued at $213,000 after acquiring an additional 120 shares during the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on FIVE. Barclays upped their price objective on shares of Five Below from $160.00 to $193.00 and gave the stock a “positive” rating in a report on Thursday, January 8th. Zacks Research upgraded Five Below from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 29th. Evercore boosted their price objective on Five Below from $180.00 to $185.00 and gave the company an “in-line” rating in a report on Tuesday, December 23rd. Truist Financial set a $236.00 target price on Five Below in a research note on Wednesday, January 14th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a research report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $203.65.

Insider Buying and Selling at Five Below

In other Five Below news, Director Kathleen S. Barclay sold 2,200 shares of Five Below stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $182.03, for a total transaction of $400,466.00. Following the completion of the sale, the director directly owned 9,214 shares of the company’s stock, valued at $1,677,224.42. The trade was a 19.27% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Maureen Marie Gellerman sold 544 shares of the company’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $174.38, for a total value of $94,862.72. Following the transaction, the insider directly owned 12,163 shares of the company’s stock, valued at approximately $2,120,983.94. This represents a 4.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 50,769 shares of company stock worth $9,365,308. 1.90% of the stock is currently owned by company insiders.

Five Below Price Performance

Shares of NASDAQ FIVE opened at $202.61 on Monday. The company has a market cap of $11.18 billion, a price-to-earnings ratio of 36.38, a price-to-earnings-growth ratio of 1.55 and a beta of 1.14. The stock’s 50-day moving average is $187.76 and its two-hundred day moving average is $162.52. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $207.11.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $971.96 million. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period in the previous year, the company posted $0.42 earnings per share. 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 research analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

About Five Below

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.