Geode Capital Management LLC Sells 40,072 Shares of Five Below, Inc. $FIVE

Geode Capital Management LLC reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 3.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 992,104 shares of the specialty retailer’s stock after selling 40,072 shares during the quarter. Geode Capital Management LLC owned 1.80% of Five Below worth $130,166,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock valued at $406,430,000 after acquiring an additional 376,932 shares during the period. Federated Hermes Inc. boosted its stake in shares of Five Below by 26,340.9% during the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock valued at $111,337,000 after purchasing an additional 1,480,361 shares during the period. American Century Companies Inc. grew its holdings in shares of Five Below by 494.5% in the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock worth $88,042,000 after purchasing an additional 977,411 shares during the last quarter. Samlyn Capital LLC grew its holdings in shares of Five Below by 3.7% in the first quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock worth $83,147,000 after purchasing an additional 39,375 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Five Below by 433.1% in the first quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock worth $54,668,000 after buying an additional 626,077 shares during the period.

Analysts Set New Price Targets

FIVE has been the topic of a number of recent analyst reports. Citigroup raised their price target on shares of Five Below from $142.00 to $152.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Bank of America increased their target price on shares of Five Below from $93.00 to $110.00 and gave the stock an “underperform” rating in a report on Thursday, August 28th. Zacks Research upgraded Five Below from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. Barclays set a $135.00 price objective on Five Below in a report on Thursday, August 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 price objective on shares of Five Below in a research report on Thursday, October 2nd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $154.67.

Five Below Stock Performance

FIVE stock opened at $148.35 on Thursday. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $168.98. The company has a market capitalization of $8.18 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21. The business’s 50 day moving average price is $152.54 and its two-hundred day moving average price is $136.55.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, beating analysts’ consensus estimates of $0.61 by $0.20. The company had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.54 EPS. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Sell-side analysts forecast that Five Below, Inc. will post 4.93 earnings per share for the current year.

Insider Buying and Selling at Five Below

In related news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the transaction, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. This trade represents a 7.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.90% of the stock is owned by corporate insiders.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.