American Century Companies Inc. Acquires 332,615 Shares of Five Below, Inc. $FIVE

American Century Companies Inc. raised its stake in Five Below, Inc. (NASDAQ:FIVEFree Report) by 21.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,873,116 shares of the specialty retailer’s stock after acquiring an additional 332,615 shares during the quarter. American Century Companies Inc. owned about 3.40% of Five Below worth $289,771,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of FIVE. EverSource Wealth Advisors LLC raised its position in Five Below by 9.9% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 830 shares of the specialty retailer’s stock worth $128,000 after purchasing an additional 75 shares during the last quarter. Ballentine Partners LLC increased its stake in shares of Five Below by 4.5% in the 3rd quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock valued at $287,000 after buying an additional 80 shares during the period. Clearstead Advisors LLC increased its stake in shares of Five Below by 22.6% in the 3rd quarter. Clearstead Advisors LLC now owns 516 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 95 shares during the period. State of Michigan Retirement System raised its position in shares of Five Below by 0.8% during the second quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock worth $1,734,000 after acquiring an additional 100 shares during the last quarter. Finally, True Wealth Design LLC lifted its stake in shares of Five Below by 25.2% during the third quarter. True Wealth Design LLC now owns 562 shares of the specialty retailer’s stock valued at $87,000 after acquiring an additional 113 shares during the period.

Insider Activity at Five Below

In other news, insider Maureen Marie Gellerman sold 544 shares of the firm’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 completion of the transaction, the insider owned 12,163 shares in the company, valued at $2,120,983.94. This trade represents a 4.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kathleen S. Barclay sold 2,200 shares of Five Below stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the sale, the director directly owned 9,214 shares in the company, valued at approximately $1,677,224.42. This represents a 19.27% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 50,769 shares of company stock worth $9,365,308. Corporate insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on FIVE shares. Wall Street Zen cut Five Below from a “buy” rating to a “hold” rating in a report on Sunday, February 8th. The Goldman Sachs Group lifted their price target on shares of Five Below from $188.00 to $216.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. Citigroup increased their price objective on shares of Five Below from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Morgan Stanley lifted their target price on shares of Five Below from $190.00 to $220.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Finally, Telsey Advisory Group upped their target price on shares of Five Below from $195.00 to $240.00 and gave the company an “outperform” rating in a research report on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $204.85.

View Our Latest Stock Report on Five Below

Five Below Stock Performance

NASDAQ FIVE opened at $223.53 on Friday. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $229.33. The stock’s 50 day moving average price is $199.61 and its two-hundred day moving average price is $170.25. The stock has a market capitalization of $12.33 billion, a price-to-earnings ratio of 40.13, a PEG ratio of 1.72 and a beta of 1.14.

Five Below (NASDAQ:FIVEGet Free Report) last posted its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $971.96 million. During the same period last year, the company earned $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. On average, equities research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

About Five Below

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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