Parallel Advisors LLC Has $70,000 Stock Position in Five Below, Inc. $FIVE

Parallel Advisors LLC boosted its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 68.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 532 shares of the specialty retailer’s stock after purchasing an additional 216 shares during the quarter. Parallel Advisors LLC’s holdings in Five Below were worth $70,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in FIVE. Byrne Asset Management LLC acquired a new position in Five Below in the first quarter valued at about $29,000. Caitong International Asset Management Co. Ltd increased its position in shares of Five Below by 1,097.4% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer’s stock valued at $34,000 after buying an additional 417 shares in the last quarter. Bessemer Group Inc. raised its stake in Five Below by 246.9% during the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock worth $37,000 after buying an additional 353 shares during the period. UMB Bank n.a. lifted its holdings in Five Below by 61.7% during the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer’s stock worth $40,000 after acquiring an additional 206 shares in the last quarter. Finally, NewEdge Advisors LLC grew its stake 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.

Insider Activity

In related news, 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 completion of the transaction, the insider directly owned 42,672 shares of the company’s stock, valued at approximately $5,974,080. This represents a 3.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ronald James Masciantonio sold 818 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the transaction, 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 disclosure for this sale can be found here. 1.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms have recently commented on FIVE. Craig Hallum raised their price target on Five Below from $164.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Evercore ISI increased their target price on Five Below from $132.00 to $134.00 and gave the stock an “in-line” rating in a research note on Tuesday, August 26th. Wells Fargo & Company raised their target price on shares of Five Below from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, August 28th. UBS Group upped their price target on shares of Five Below from $160.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Finally, Morgan Stanley raised their price objective on shares of Five Below from $135.00 to $160.00 and gave the stock an “equal weight” rating in a report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $149.00.

Five Below Stock Down 1.6%

Shares of FIVE opened at $151.72 on Friday. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $156.50. The stock has a market capitalization of $8.37 billion, a P/E ratio of 30.71, a P/E/G ratio of 2.25 and a beta of 1.09. The company has a 50 day moving average of $142.99 and a 200-day moving average of $113.49.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, topping the consensus estimate of $0.61 by $0.20. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. Five Below had a net margin of 6.45% and a return on equity of 17.13%. The firm’s revenue was up 23.7% on a year-over-year basis. During the same quarter in the prior year, the company 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. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

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.