AGF Management Ltd. Makes New Investment in Five Below, Inc. $FIVE

AGF Management Ltd. bought a new stake in Five Below, Inc. (NASDAQ:FIVE) in the third quarter, HoldingsChannel reports. The fund bought 47,216 shares of the specialty retailer’s stock, valued at approximately $7,304,000.

Other hedge funds also recently modified their holdings of the company. Eastern Bank lifted its holdings in shares of Five Below by 705.0% during the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 141 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Five Below during the 2nd quarter worth approximately $26,000. IFP Advisors Inc lifted its stake in Five Below by 653.8% in the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after buying an additional 170 shares in the last quarter. Mather Group LLC. acquired a new position in shares of Five Below in the third quarter valued at approximately $40,000. Finally, SJS Investment Consulting Inc. increased its position in shares of Five Below by 15,500.0% during the third quarter. SJS Investment Consulting Inc. now owns 312 shares of the specialty retailer’s stock worth $48,000 after acquiring an additional 310 shares in the last quarter.

Insider Activity

In other news, CAO Eric M. Specter sold 8,500 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total transaction of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares in the company, valued at $9,197,382.60. The trade was a 15.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider George Hill sold 7,500 shares of the firm’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 owned 32,913 shares of the company’s stock, valued at $5,993,128.17. This trade represents a 18.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 50,769 shares of company stock valued at $9,365,308. 1.90% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on FIVE shares. Telsey Advisory Group boosted their price objective 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. Bank of America boosted their price target on Five Below from $110.00 to $132.00 and gave the company an “underperform” rating in a report on Thursday, December 4th. Sanford C. Bernstein increased their price objective on Five Below from $179.00 to $195.00 and gave the stock a “market perform” rating in a report on Tuesday, January 13th. Mizuho upped their price target on Five Below from $165.00 to $185.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Morgan Stanley raised their price target on shares of Five Below from $190.00 to $220.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $198.60.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $197.80 on Tuesday. The stock has a 50 day moving average price of $185.30 and a 200 day moving average price of $160.92. The stock has a market capitalization of $10.91 billion, a PE ratio of 35.51, a price-to-earnings-growth ratio of 1.76 and a beta of 1.14. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $205.22.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations 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 was up 23.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.42 EPS. 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, research analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below Company 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.