VIRGINIA RETIREMENT SYSTEMS ET Al Has $2.67 Million Position in Five Below, Inc. $FIVE

VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 77.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,244 shares of the specialty retailer’s stock after purchasing an additional 7,500 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Five Below were worth $2,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. boosted its holdings in shares of Five Below by 1.3% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 690,615 shares of the specialty retailer’s stock valued at $90,595,000 after acquiring an additional 8,743 shares in the last quarter. Lisanti Capital Growth LLC acquired a new position in Five Below in the 2nd quarter worth about $4,526,000. Parallax Volatility Advisers L.P. raised its position in Five Below by 250.3% in the first quarter. Parallax Volatility Advisers L.P. now owns 21,020 shares of the specialty retailer’s stock valued at $1,575,000 after purchasing an additional 15,020 shares during the last quarter. Giverny Capital Inc. raised its position in Five Below by 0.7% in the second quarter. Giverny Capital Inc. now owns 625,871 shares of the specialty retailer’s stock valued at $82,102,000 after purchasing an additional 4,281 shares during the last quarter. Finally, Samlyn Capital LLC boosted its stake in shares of Five Below by 3.7% during the first 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 in the last quarter.

Five Below Stock Down 0.1%

FIVE opened at $188.36 on Friday. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $192.45. The company has a fifty day moving average of $167.15 and a 200-day moving average of $150.49. The stock has a market cap of $10.39 billion, a PE ratio of 33.82, a price-to-earnings-growth ratio of 2.01 and a beta of 1.13.

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

Analysts Set New Price Targets

Several research firms have recently issued reports on FIVE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Five Below in a research note on Wednesday, October 8th. Citigroup upped their price target on shares of Five Below from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Sanford C. Bernstein reiterated a “market perform” rating and set a $173.00 price target on shares of Five Below in a report on Thursday, December 4th. Jefferies Financial Group boosted their price objective on shares of Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a research note on Thursday, December 4th. Finally, Telsey Advisory Group raised their target price on Five Below from $170.00 to $195.00 and gave the stock an “outperform” rating in a research report on Thursday, December 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Five Below has an average rating of “Moderate Buy” and an average target price of $177.79.

Insiders Place Their Bets

In related news, insider Maureen Marie Gellerman sold 544 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $174.38, for a total transaction of $94,862.72. Following the completion of the sale, the insider owned 12,163 shares of the company’s stock, valued at $2,120,983.94. This trade represents a 4.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Kathleen S. Barclay sold 2,200 shares of Five Below stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the sale, the director owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. The trade was a 19.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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.

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.