PRIMECAP Management acquired 12 Thousand Five Below shares worth $1.65 Million. That's 0.00% of their equity portfolio (304th largest holding). The first Five Below trade was made in Q2 2018. Since then PRIMECAP Management bought shares five more times and sold shares on five occasions. The stake costed the investor $1.57 Million, netting the investor a gain of 4.9% so far.
Five Below reported strong sales growth in 3Q23 and 4Q23, with net sales accelerating. Read why I believe the upside is attractive for FIVE stock.
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