Riverbridge Partners LLC lessened its holdings in Five Below, Inc. (NASDAQ:FIVE – Free Report) by 5.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 404,657 shares of the specialty retailer’s stock after selling 24,337 shares during the quarter. Five Below accounts for 2.7% of Riverbridge Partners LLC’s investment portfolio, making the stock its 8th biggest position. Riverbridge Partners LLC’s holdings in Five Below were worth $88,851,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. Pension & Wealth Management Advisors Inc. purchased a new stake in Five Below during the third quarter valued at about $25,000. Provenance Wealth Advisors LLC bought a new position in shares of Five Below during the third quarter valued at about $34,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Five Below in the second quarter worth about $31,000. Basecamp Wealth Advisors LLC increased its holdings in shares of Five Below by 83.8% in the first quarter. Basecamp Wealth Advisors LLC now owns 182 shares of the specialty retailer’s stock worth $42,000 after buying an additional 83 shares during the period. Finally, Elevation Wealth Partners LLC increased its holdings in shares of Five Below by 966.7% in the second quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock worth $35,000 after buying an additional 174 shares during the period.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on FIVE shares. Jefferies Financial Group boosted their target price on Five Below from $350.00 to $420.00 and gave the company a “buy” rating in a research note on Thursday, September 3rd. Wolfe Research lowered Five Below from an “outperform” rating to a “peer perform” rating in a research report on Thursday, August 13th. Morgan Stanley lifted their price target on Five Below from $235.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Zacks Research downgraded Five Below from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 2nd. Finally, Cantor Fitzgerald downgraded Five Below to a “neutral” rating in a research report on Thursday, August 13th. Nineteen investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, Five Below has an average rating of “Moderate Buy” and a consensus target price of $300.45.
Check Out Our Latest Research Report on FIVE
Insiders Place Their Bets
In other news, CMO Jacob Hawkins sold 818 shares of Five Below stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $248.88, for a total value of $203,583.84. Following the sale, the chief marketing officer directly owned 3,728 shares in the company, valued at approximately $927,824.64. This trade represents a 17.99% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Maureen Gellerman sold 1,610 shares of the business’s stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $248.94, for a total value of $400,793.40. Following the transaction, the insider directly owned 8,804 shares in the company, valued at $2,191,667.76. This trade represents a 15.46% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,438 shares of company stock worth $4,580,933. 0.96% of the stock is currently owned by company insiders.
Five Below Trading Down 0.1%
Shares of NASDAQ:FIVE opened at $253.51 on Wednesday. The company has a market cap of $13.96 billion, a price-to-earnings ratio of 22.76, a price-to-earnings-growth ratio of 0.98 and a beta of 0.90. The company has a 50-day moving average price of $231.63 and a 200-day moving average price of $219.29. Five Below, Inc. has a 12 month low of $143.02 and a 12 month high of $263.88.
Five Below (NASDAQ:FIVE – Get Free Report) last posted its earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.28. The company had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Five Below had a return on equity of 22.13% and a net margin of 11.65%. Five Below’s quarterly revenue was up 22.9% on a year-over-year basis. During the same period last year, the firm earned $0.81 earnings per share. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. As a group, research analysts forecast that Five Below, Inc. will post 10.54 EPS for the current fiscal year.
Five Below Company Profile
Five Below, Inc. is a U.S. discount retailer offering a changing assortment of value-priced products for teens, tweens, and families. Its merchandise spans toys and games, technology accessories, sports and recreation, fashion and accessories, home goods, party supplies, seasonal items, and candy. The company was founded in 2002 by David Schlessinger and Tom Vellios, and opened its first store in Wayne, Pennsylvania. While its name reflects its original focus on products priced at $5 or less, Five Below has expanded its assortment to include higher-priced items through its Five Beyond offering.
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