KBC Group NV Has $202,000 Stake in Five Below, Inc. $FIVE

KBC Group NV cut its position in Five Below, Inc. (NASDAQ:FIVEFree Report) by 40.7% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,541 shares of the specialty retailer’s stock after selling 1,056 shares during the quarter. KBC Group NV’s holdings in Five Below were worth $202,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in FIVE. IFP Advisors Inc increased its stake in Five Below by 653.8% in the second 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 last quarter. Allworth Financial LP boosted its holdings in shares of Five Below by 333.0% in the 2nd quarter. Allworth Financial LP now owns 420 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 323 shares in the last quarter. True Wealth Design LLC increased its stake in shares of Five Below by 1,940.9% in the 2nd quarter. True Wealth Design LLC now owns 449 shares of the specialty retailer’s stock valued at $59,000 after purchasing an additional 427 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of Five Below by 1,097.4% during the 1st 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 in the last quarter. Finally, Concord Wealth Partners acquired a new position in shares of Five Below during the 2nd quarter worth $66,000.

Insider Activity at Five Below

In other news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the sale, the executive vice president owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 1.90% of the company’s stock.

Wall Street Analyst Weigh In

FIVE has been the topic of a number of recent analyst reports. Telsey Advisory Group reiterated an “outperform” rating and issued a $170.00 target price on shares of Five Below in a research report on Thursday, October 2nd. Wolfe Research started coverage on shares of Five Below in a research note on Thursday, September 18th. They issued an “outperform” rating and a $187.00 price target on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Five Below in a research report on Wednesday, October 8th. JPMorgan Chase & Co. raised shares of Five Below from a “neutral” rating to an “overweight” rating and set a $186.00 price objective for the company in a research note on Monday, October 27th. Finally, The Goldman Sachs Group boosted their target price on shares of Five Below from $143.00 to $162.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $154.67.

View Our Latest Stock Report on Five Below

Five Below Price Performance

FIVE opened at $147.51 on Wednesday. The company’s 50 day moving average price is $152.49 and its two-hundred day moving average price is $136.47. The firm has a market capitalization of $8.13 billion, a price-to-earnings ratio of 29.86, a PEG ratio of 2.33 and a beta of 1.21. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $168.98.

Five Below (NASDAQ:FIVEGet Free Report) last issued its quarterly 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 net margin of 6.45% and a return on equity of 17.13%. The company had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. During the same quarter in the previous year, the business earned $0.54 earnings per share. Five Below’s revenue was up 23.7% compared to the same quarter last year. 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 research analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVEFree Report).

Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.