Verition Fund Management LLC Sells 60,114 Shares of Five Below, Inc. $FIVE

Verition Fund Management LLC trimmed its stake in Five Below, Inc. (NASDAQ:FIVE) by 32.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,125 shares of the specialty retailer’s stock after selling 60,114 shares during the period. Verition Fund Management LLC’s holdings in Five Below were worth $23,757,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in FIVE. Northwestern Mutual Wealth Management Co. boosted its position in Five Below by 40,774,210.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock valued at $10,445,139,000 after purchasing an additional 55,452,926 shares in the last quarter. Vanguard Group Inc. raised its holdings in Five Below by 1.3% in the third quarter. Vanguard Group Inc. now owns 5,376,471 shares of the specialty retailer’s stock worth $831,740,000 after purchasing an additional 69,101 shares in the last quarter. American Century Companies Inc. lifted its position in shares of Five Below by 21.6% during the third quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer’s stock valued at $289,771,000 after buying an additional 332,615 shares during the last quarter. Marshall Wace LLP boosted its holdings in shares of Five Below by 54.6% in the 4th quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock valued at $336,254,000 after buying an additional 630,710 shares in the last quarter. Finally, Federated Hermes Inc. boosted its holdings in shares of Five Below by 3.1% in the 4th quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock valued at $284,121,000 after buying an additional 45,761 shares in the last quarter.

Insider Buying and Selling

In other Five Below news, COO Kenneth R. Bull sold 10,000 shares of the firm’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.14, for a total value of $2,341,400.00. Following the completion of the sale, the chief operating officer directly owned 92,531 shares of the company’s stock, valued at $21,665,208.34. This trade represents a 9.75% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Ronald Sargent sold 10,000 shares of the business’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the transaction, the director directly owned 83,674 shares in the company, valued at approximately $19,352,122.72. The trade was a 10.68% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.96% of the company’s stock.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $198.49 on Monday. The stock has a market cap of $10.97 billion, a PE ratio of 25.06, a P/E/G ratio of 1.06 and a beta of 0.97. Five Below, Inc. has a 12-month low of $121.11 and a 12-month high of $251.63. The company has a 50-day moving average of $220.85 and a 200 day moving average of $207.19.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.45. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The business’s revenue was up 32.5% on a year-over-year basis. During the same period last year, the company posted $0.86 EPS. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. On average, sell-side analysts forecast that Five Below, Inc. will post 8.96 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wolfe Research reissued an “outperform” rating and set a $242.00 target price on shares of Five Below in a research report on Thursday, June 4th. Sanford C. Bernstein raised their price objective on Five Below from $243.00 to $247.00 and gave the stock a “market perform” rating in a research report on Thursday, June 4th. William Blair raised Five Below from a “market perform” rating to an “outperform” rating in a research report on Thursday, March 19th. Deutsche Bank Aktiengesellschaft raised their price target on Five Below from $247.00 to $287.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Finally, Guggenheim cut their price target on shares of Five Below from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $254.40.

About Five Below

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.