Oppenheimer Asset Management Inc. Decreases Stake in Five Below, Inc. $FIVE

Oppenheimer Asset Management Inc. reduced its stake in Five Below, Inc. (NASDAQ:FIVE) by 10.6% during the second quarter, Holdings Channel.com reports. The firm owned 59,066 shares of the specialty retailer’s stock after selling 7,002 shares during the period. Oppenheimer Asset Management Inc.’s holdings in Five Below were worth $7,748,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. IFP Advisors Inc increased its stake in shares of Five Below by 653.8% in the second quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock worth $27,000 after buying an additional 170 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock worth $34,000 after buying an additional 417 shares during the period. Bessemer Group Inc. increased its position in shares of Five Below by 246.9% in the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 353 shares during the period. Concord Wealth Partners purchased a new position in shares of Five Below in the second quarter valued at about $66,000. Finally, Parallel Advisors LLC increased its position in shares of Five Below by 68.4% in the second quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 216 shares during the period.

Insider Buying and Selling

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 transaction of $119,763.38. Following the sale, the executive vice president directly owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 1.90% of the company’s stock.

Five Below Stock Up 2.5%

Five Below stock opened at $160.25 on Tuesday. The company has a market capitalization of $8.84 billion, a P/E ratio of 32.44, a PEG ratio of 2.28 and a beta of 1.18. The stock’s 50 day moving average is $150.06 and its 200 day moving average is $126.74. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $168.98.

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

Analysts Set New Price Targets

FIVE has been the topic of a number of research analyst reports. Mizuho boosted their price target on Five Below from $132.00 to $150.00 and gave the company a “neutral” rating in a report on Thursday, August 28th. Truist Financial boosted their target price on Five Below from $141.00 to $148.00 and gave the company a “hold” rating in a research note on Thursday, August 28th. UBS Group reissued a “buy” rating on shares of Five Below in a research note on Tuesday, October 21st. Barclays set a $135.00 target price on Five Below in a research note on Thursday, August 28th. Finally, The Goldman Sachs Group boosted their price objective on shares of Five Below from $143.00 to $162.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Ten analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $152.84.

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.