Neuberger Berman Group LLC Purchases Shares of 7,589 Five Below, Inc. $FIVE

Neuberger Berman Group LLC acquired a new stake in Five Below, Inc. (NASDAQ:FIVE) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 7,589 shares of the specialty retailer’s stock, valued at approximately $996,000.

Other large investors have also recently made changes to their positions in the company. American Century Companies Inc. lifted its stake in 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 acquiring an additional 977,411 shares during the last quarter. Norges Bank purchased a new position in Five Below in the second quarter valued at $110,834,000. AQR Capital Management LLC raised its stake in Five Below by 433.1% in the first quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock valued at $54,668,000 after buying an additional 626,077 shares in the last quarter. Hudson Bay Capital Management LP lifted its holdings in Five Below by 1,770.7% during the 2nd quarter. Hudson Bay Capital Management LP now owns 471,506 shares of the specialty retailer’s stock worth $61,852,000 after buying an additional 446,301 shares during the last quarter. Finally, Junto Capital Management LP acquired a new position in shares of Five Below during the 1st quarter worth about $32,788,000.

Insider Transactions at Five Below

In other Five Below news, insider Maureen Marie Gellerman sold 544 shares of the company’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 directly owned 12,163 shares of the company’s stock, valued at $2,120,983.94. This represents a 4.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Kenneth R. Bull sold 25,000 shares of the stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $174.75, for a total value of $4,368,750.00. Following the sale, the chief operating officer directly owned 106,140 shares of the company’s stock, valued at $18,547,965. The trade was a 19.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.90% of the stock is currently owned by corporate insiders.

Five Below Trading Up 1.1%

FIVE stock opened at $183.41 on Monday. The company has a market capitalization of $10.12 billion, a P/E ratio of 32.93, a PEG ratio of 1.96 and a beta of 1.17. The business has a 50 day simple moving average of $157.68 and a 200-day simple moving average of $144.69. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $184.57.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 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 business had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. During the same period in the previous year, the company posted $0.42 EPS. The company’s quarterly revenue was up 23.1% on a year-over-year basis. 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. Research analysts predict that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FIVE. Citigroup raised their target price on Five Below from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Jefferies Financial Group increased their price target on shares of Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a research note on Thursday, December 4th. The Goldman Sachs Group raised their price objective on shares of Five Below from $162.00 to $188.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Evercore ISI upped their target price on shares of Five Below from $175.00 to $180.00 and gave the company an “in-line” rating in a report on Thursday, December 4th. Finally, Craig Hallum increased their target price on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $175.16.

Five Below Profile

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.