Ampfield Management L.P. Sells 88,920 Shares of Five Below, Inc. $FIVE

Ampfield Management L.P. cut its holdings in Five Below, Inc. (NASDAQ:FIVE) by 40.3% during the 2nd quarter, Holdings Channel reports. The firm owned 131,751 shares of the specialty retailer’s stock after selling 88,920 shares during the period. Five Below comprises approximately 12.9% of Ampfield Management L.P.’s investment portfolio, making the stock its 4th biggest holding. Ampfield Management L.P.’s holdings in Five Below were worth $17,283,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of FIVE. Wealth Enhancement Advisory Services LLC grew its position in shares of Five Below by 70.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,201 shares of the specialty retailer’s stock valued at $756,000 after purchasing an additional 2,965 shares during the last quarter. GAMMA Investing LLC grew its position in shares of Five Below by 7,331.9% in the first quarter. GAMMA Investing LLC now owns 101,074 shares of the specialty retailer’s stock valued at $7,573,000 after purchasing an additional 99,714 shares during the last quarter. Rhumbline Advisers grew its position in shares of Five Below by 0.5% in the first quarter. Rhumbline Advisers now owns 158,663 shares of the specialty retailer’s stock valued at $11,888,000 after purchasing an additional 864 shares during the last quarter. Merit Financial Group LLC acquired a new stake in shares of Five Below in the first quarter valued at approximately $514,000. Finally, Chemistry Wealth Management LLC grew its position in shares of Five Below by 26.1% in the first quarter. Chemistry Wealth Management LLC now owns 5,672 shares of the specialty retailer’s stock valued at $425,000 after purchasing an additional 1,174 shares during the last quarter.

Insider Buying and Selling

In other Five Below news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the transaction, the executive vice president owned 9,858 shares of the company’s stock, valued at $1,443,309.78. This trade represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider George Hill sold 1,500 shares of the stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the transaction, the insider directly owned 42,672 shares in the company, valued at approximately $5,974,080. This represents a 3.40% decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.90% of the company’s stock.

Wall Street Analysts Forecast Growth

FIVE has been the topic of several research reports. Wall Street Zen upgraded shares of Five Below from a “hold” rating to a “buy” rating in a research report on Saturday, August 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Five Below in a research note on Saturday, September 27th. Craig Hallum upped their price objective on shares of Five Below from $164.00 to $180.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Truist Financial upped their price objective on shares of Five Below from $141.00 to $148.00 and gave the company a “hold” rating in a research note on Thursday, August 28th. Finally, Citigroup upped their price objective on shares of Five Below from $142.00 to $152.00 and gave the company a “neutral” rating in a research note on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $150.21.

Five Below Stock Down 0.4%

NASDAQ:FIVE opened at $156.05 on Friday. The company has a market cap of $8.61 billion, a P/E ratio of 31.59, a P/E/G ratio of 2.29 and a beta of 1.18. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $157.54. The firm’s 50 day moving average is $144.95 and its two-hundred day moving average is $116.86.

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

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.