The cycle decomposition of the given permutation $\sigma=(1,2,3,4,5)(6)(7)$ contains one $5$-cycle and two fixed points ($1$-cycles). By the splitting criterion [1,2], because the cycle lengths $5$, $1$, and $1$ are not distinct odd numbers (there are two $1$-cycles in $\sigma$), the conjugacy class of $\sigma$ does NOT split when restricted to $A_{7}$ from $S_{7}$.
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There are ${7\choose 5}\cdot4!=504$ [3] conjugates of $\sigma$ in $S_{7}$.
By the splitting criterion, because the cycle lengths of $\sigma$ (namely $5$, $1$, and $1$) are not distinct odd numbers, the conjugacy class of $\sigma$ does not split. So there are exactly $504$ conjugates of $\sigma$ in $A_{7}$.