Federated Hermes Inc. Sells 34,320 Shares of Five Below, Inc. $FIVE

Federated Hermes Inc. lessened its holdings in Five Below, Inc. (NASDAQ:FIVE) by 2.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 1,462,632 shares of the specialty retailer’s stock after selling 34,320 shares during the quarter. Federated Hermes Inc.’s holdings in Five Below were worth $226,269,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of FIVE. NewEdge Advisors LLC boosted its stake in shares of Five Below by 143.0% in the first quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer’s stock worth $82,000 after acquiring an additional 645 shares during the period. United Services Automobile Association bought a new stake in Five Below during the 1st quarter valued at approximately $268,000. Empowered Funds LLC purchased a new position in Five Below in the 1st quarter worth approximately $1,416,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in 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 worth $13,825,000 after purchasing an additional 21,625 shares during the period. Finally, Focus Partners Wealth grew its holdings in Five Below by 63.8% during the 1st quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer’s stock valued at $289,000 after buying an additional 1,503 shares in the last quarter.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on FIVE shares. Sanford C. Bernstein boosted their target price on shares of Five Below from $179.00 to $195.00 and gave the stock a “market perform” rating in a report on Tuesday, January 13th. The Goldman Sachs Group boosted their price target on shares of Five Below from $188.00 to $216.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Wells Fargo & Company raised their price objective on Five Below from $200.00 to $220.00 and gave the company an “overweight” rating in a research report on Tuesday, January 13th. Wall Street Zen downgraded Five Below from a “buy” rating to a “hold” rating in a research report on Saturday, December 6th. Finally, Barclays increased their price target on Five Below from $160.00 to $193.00 and gave the company a “positive” rating in a research note on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Five Below currently has an average rating of “Moderate Buy” and a consensus price target of $198.60.

Five Below Trading Down 0.7%

FIVE stock opened at $187.24 on Wednesday. The stock has a market cap of $10.33 billion, a PE ratio of 33.62, a P/E/G ratio of 1.73 and a beta of 1.13. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $205.22. The company has a 50-day moving average price of $182.23 and a 200 day moving average price of $159.37.

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

Insider Buying and Selling at Five Below

In related news, insider George Hill sold 7,500 shares of the business’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 sale, the insider owned 32,913 shares in the company, valued at approximately $5,993,128.17. The trade was a 18.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Maureen Marie Gellerman sold 544 shares of the firm’s stock in a transaction on 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 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 50,769 shares of company stock valued at $9,365,308. 1.90% of the stock is owned by company insiders.

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.