Texas Permanent School Fund Corp Decreases Stock Position in Five Below, Inc. $FIVE

Texas Permanent School Fund Corp decreased its holdings in Five Below, Inc. (NASDAQ:FIVE) by 22.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,553 shares of the specialty retailer’s stock after selling 13,021 shares during the period. Texas Permanent School Fund Corp owned about 0.08% of Five Below worth $5,844,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of FIVE. Elevation Point Wealth Partners LLC bought a new stake in Five Below in the 2nd quarter worth about $26,000. IFP Advisors Inc lifted its stake in Five Below by 653.8% during the 2nd quarter. IFP Advisors Inc now owns 196 shares of the specialty retailer’s stock valued at $27,000 after acquiring an additional 170 shares during the period. Allworth Financial LP boosted its holdings in shares of Five Below by 333.0% during the 2nd quarter. Allworth Financial LP now owns 420 shares of the specialty retailer’s stock valued at $55,000 after acquiring an additional 323 shares during the last quarter. True Wealth Design LLC grew its stake in shares of Five Below by 1,940.9% in the second quarter. True Wealth Design LLC now owns 449 shares of the specialty retailer’s stock worth $59,000 after acquiring an additional 427 shares during the period. Finally, Concord Wealth Partners bought a new stake in shares of Five Below in the second quarter worth approximately $66,000.

Five Below Stock Performance

Shares of Five Below stock opened at $176.77 on Wednesday. Five Below, Inc. has a one year low of $52.38 and a one year high of $184.57. The stock’s fifty day moving average is $158.81 and its 200 day moving average is $145.57. The stock has a market cap of $9.75 billion, a P/E ratio of 31.74, a P/E/G ratio of 1.94 and a beta of 1.17.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.46. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The company had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $971.96 million. During the same period in the previous year, the company posted $0.42 EPS. The firm’s 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. Analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Telsey Advisory Group raised their target price on shares of Five Below from $170.00 to $195.00 and gave the stock an “outperform” rating in a report on Thursday, December 4th. Bank of America boosted their target price on shares of Five Below from $110.00 to $132.00 and gave the company an “underperform” rating in a research note on Thursday, December 4th. Barclays raised their price target on Five Below from $135.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 4th. Jefferies Financial Group lifted their price objective on Five Below from $185.00 to $215.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Finally, Citigroup upped their price objective on Five Below from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Five Below presently has a consensus rating of “Moderate Buy” and an average target price of $175.16.

Insider Buying and Selling

In other news, insider Maureen Marie Gellerman sold 544 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $174.38, for a total value of $94,862.72. Following the transaction, the insider directly owned 12,163 shares in the company, valued at $2,120,983.94. The trade was a 4.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider George Hill sold 7,500 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $182.09, for a total value of $1,365,675.00. Following the completion of the transaction, the insider owned 32,913 shares of the company’s stock, valued at $5,993,128.17. The trade was a 18.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 33,044 shares of company stock valued at $5,829,288. Company insiders own 1.90% of the company’s stock.

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.