Summit Creek Advisors LLC Buys 3,081 Shares of Five Below, Inc. $FIVE

Summit Creek Advisors LLC lifted its stake in shares of Five Below, Inc. (NASDAQ:FIVEFree Report) by 2.8% during the third quarter, HoldingsChannel reports. The firm owned 115,030 shares of the specialty retailer’s stock after acquiring an additional 3,081 shares during the quarter. Five Below makes up 2.6% of Summit Creek Advisors LLC’s investment portfolio, making the stock its 6th largest position. Summit Creek Advisors LLC’s holdings in Five Below were worth $17,795,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. American Century Companies Inc. increased its holdings in Five Below by 31.1% during the second quarter. American Century Companies Inc. now owns 1,540,501 shares of the specialty retailer’s stock worth $202,083,000 after buying an additional 365,426 shares during the last quarter. Federated Hermes Inc. grew its position in shares of Five Below by 0.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,496,952 shares of the specialty retailer’s stock valued at $196,370,000 after acquiring an additional 10,971 shares during the period. Norges Bank acquired a new position in shares of Five Below during the 2nd quarter worth about $110,834,000. Stephens Investment Management Group LLC raised its holdings in shares of Five Below by 4.8% in the 2nd quarter. Stephens Investment Management Group LLC now owns 744,734 shares of the specialty retailer’s stock valued at $97,694,000 after purchasing an additional 33,952 shares during the period. Finally, Pacifica Capital Investments LLC lifted its stake in Five Below by 9.0% in the 2nd quarter. Pacifica Capital Investments LLC now owns 732,939 shares of the specialty retailer’s stock valued at $96,147,000 after purchasing an additional 60,699 shares during the last quarter.

Insider Buying and Selling at Five Below

In other news, Director Kathleen S. Barclay sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $182.03, for a total transaction of $400,466.00. Following the transaction, the director directly owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. This trade represents a 19.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction, the insider directly owned 12,163 shares in the company, valued at $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. Insiders have sold 35,244 shares of company stock worth $6,229,754 over the last quarter. Company insiders own 1.90% of the company’s stock.

Five Below Price Performance

FIVE opened at $195.57 on Monday. The business has a fifty day simple moving average of $171.83 and a 200 day simple moving average of $153.95. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $204.67. The company has a market capitalization of $10.79 billion, a PE ratio of 35.11, a price-to-earnings-growth ratio of 2.09 and a beta of 1.13.

Five Below (NASDAQ:FIVEGet Free Report) last posted its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.46. The company 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 company’s revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm 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. Equities analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Jefferies Financial Group boosted their price target on Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a research report on Thursday, December 4th. Barclays lifted their target price on Five Below from $160.00 to $193.00 and gave the stock a “positive” rating in a research note on Thursday. Telsey Advisory Group increased their price target on Five Below from $170.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft raised Five Below from a “hold” rating to a “buy” rating and set a $242.00 price target for the company in a report on Thursday. Finally, Zacks Research upgraded shares of Five Below from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. 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’s stock. Based on data from MarketBeat, Five Below has an average rating of “Moderate Buy” and an average target price of $183.95.

Read Our Latest Stock Report on Five Below

Five Below Profile

(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.

Featured Articles

Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVEFree Report).

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

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.