Fund 1 Investments LLC acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 72,621 shares of the specialty retailer’s stock, valued at approximately $13,057,000. Five Below accounts for approximately 2.2% of Fund 1 Investments LLC’s portfolio, making the stock its 14th largest position. Fund 1 Investments LLC owned approximately 0.13% of Five Below as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of FIVE. NewEdge Advisors LLC lifted its holdings in Five Below by 143.0% in the first quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock valued at $82,000 after acquiring an additional 645 shares during the period. United Services Automobile Association acquired a new position in shares of Five Below during the 1st quarter worth $268,000. Empowered Funds LLC purchased a new position in shares of Five Below in the 1st quarter valued at about $1,416,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Five Below by 13.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 184,518 shares of the specialty retailer’s stock valued at $13,825,000 after purchasing an additional 21,625 shares in the last quarter. Finally, Focus Partners Wealth lifted its stake in shares of Five Below by 63.8% in the first quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer’s stock valued at $289,000 after purchasing an additional 1,503 shares during the period.
Five Below Trading Down 0.8%
Shares of NASDAQ FIVE opened at $257.35 on Thursday. The company’s 50-day moving average price is $210.34 and its 200 day moving average price is $215.94. Five Below, Inc. has a 52 week low of $137.77 and a 52 week high of $263.88. The stock has a market cap of $14.23 billion, a price-to-earnings ratio of 32.49, a PEG ratio of 1.35 and a beta of 0.98.
Key Five Below News
Here are the key news stories impacting Five Below this week:
- Positive Sentiment: Truist raised its price target on Five Below from $265 to $273 and maintained a “buy” rating, implying additional upside from the recent trading level. Five Below price target raised by Truist
- Positive Sentiment: Five Below reached a new one-year high, reflecting continued momentum following its latest earnings beat. The company reported quarterly EPS of $2.22 versus the $1.77 consensus estimate, while revenue increased 32.5% year over year to $1.29 billion.
- Positive Sentiment: Five Below is included in the dollar-store earnings spotlight, with analysts raising price targets ahead of upcoming results. The earnings event could provide another catalyst if sales growth and full-year guidance remain strong. Dollar stores in earnings spotlight
- Neutral Sentiment: The reported August short-interest data shows zero shares sold short and a zero-day days-to-cover ratio. Because the figures are inconsistent with the reported increase in short interest, they provide no reliable indication of investor positioning.
- Neutral Sentiment: At roughly $257 per share, Five Below’s valuation remains elevated, with a price-to-earnings ratio near 32. The stock’s proximity to its $263.88 52-week high may support momentum but also raises the risk of profit-taking.
- Negative Sentiment: Loop downgraded Five Below, citing a “stretched valuation.” The call suggests that much of the company’s earnings growth may already be reflected in the stock price. Five Below valuation downgrade at Loop
- Negative Sentiment: Another Wall Street analyst also moved away from a bullish stance, adding pressure to the shares after their strong run. Five Below analyst downgrade
Analyst Ratings Changes
A number of analysts recently commented on the stock. HSBC raised shares of Five Below to a “hold” rating in a report on Tuesday, July 21st. Royal Bank Of Canada cut shares of Five Below to a “sector perform” rating in a report on Thursday, July 9th. Mizuho boosted their price target on Five Below from $260.00 to $278.00 and gave the stock an “outperform” rating in a research note on Wednesday. Raymond James Financial upgraded Five Below to an “outperform” rating in a report on Tuesday, July 21st. Finally, Loop Capital downgraded Five Below from a “buy” rating to a “hold” rating and set a $250.00 price objective for the company. in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $264.10.
View Our Latest Analysis on Five Below
Five Below Company Profile
Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.
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