JW Asset Management LLC boosted its stake in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 24.2% during the third quarter, Holdings Channel.com reports. The fund owned 12,418 shares of the specialty retailer’s stock after acquiring an additional 2,418 shares during the period. Five Below comprises 1.1% of JW Asset Management LLC’s investment portfolio, making the stock its 11th largest position. JW Asset Management LLC’s holdings in Five Below were worth $2,727,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Allworth Financial LP grew its holdings in shares of Five Below by 3.1% during the 3rd quarter. Allworth Financial LP now owns 2,111 shares of the specialty retailer’s stock worth $464,000 after purchasing an additional 63 shares in the last quarter. Ariadne Wealth Management LP lifted its position in Five Below by 11.2% during the third quarter. Ariadne Wealth Management LP now owns 1,391 shares of the specialty retailer’s stock worth $305,000 after purchasing an additional 140 shares during the period. Eurizon Capital SGR S.p.A. lifted its position in Five Below by 21.1% during the third quarter. Eurizon Capital SGR S.p.A. now owns 1,778 shares of the specialty retailer’s stock worth $393,000 after purchasing an additional 310 shares during the period. Fifth Third Bancorp lifted its position in Five Below by 33.2% during the third quarter. Fifth Third Bancorp now owns 32,661 shares of the specialty retailer’s stock worth $7,171,000 after purchasing an additional 8,140 shares during the period. Finally, Maryland State Retirement & Pension System grew its stake in Five Below by 19.4% during the third quarter. Maryland State Retirement & Pension System now owns 3,376 shares of the specialty retailer’s stock worth $741,000 after buying an additional 548 shares in the last quarter.
Insider Activity at Five Below
In related news, insider Maureen Gellerman sold 1,610 shares of Five Below stock in a transaction that occurred on Wednesday, September 9th. The shares were sold at an average price of $248.94, for a total transaction of $400,793.40. Following the sale, the insider directly owned 8,804 shares of the company’s stock, valued at approximately $2,191,667.76. The trade was a 15.46% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Eric Specter sold 5,500 shares of the company’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the transaction, the chief accounting officer owned 35,482 shares of the company’s stock, valued at approximately $8,834,663.18. This represents a 13.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 18,438 shares of company stock valued at $4,580,933. 0.96% of the stock is currently owned by company insiders.
Five Below Stock Down 1.4%
Shares of FIVE stock opened at $247.16 on Friday. The business has a fifty day simple moving average of $231.83 and a 200 day simple moving average of $219.88. The company has a market cap of $13.61 billion, a P/E ratio of 22.19, a P/E/G ratio of 0.96 and a beta of 0.90. Five Below, Inc. has a twelve month low of $143.02 and a twelve month high of $263.88.
Five Below (NASDAQ:FIVE – Get Free Report) last released its earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.40 by $0.28. The firm 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%. The business’s revenue for the quarter was up 22.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $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, equities research analysts anticipate that Five Below, Inc. will post 10.54 earnings per share for the current fiscal year.
Analysts Set New Price Targets
FIVE has been the topic of several recent analyst reports. Mizuho set a $295.00 target price on shares of Five Below in a report on Thursday, September 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $306.00 target price on shares of Five Below in a research report on Friday, September 25th. JPMorgan Chase & Co. upped their price target on shares of Five Below from $325.00 to $368.00 and gave the stock an “overweight” rating in a report on Thursday, September 3rd. Susquehanna lowered shares of Five Below to a “neutral” rating in a research report on Tuesday, July 21st. Finally, Loop Capital cut shares of Five Below from a “buy” rating to a “hold” rating and set a $250.00 price objective on the stock. in a research note on Tuesday, August 25th. Nineteen analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $301.90.
Read Our Latest Report on FIVE
Five Below 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.
Featured Articles
- Five stocks we like better than Five Below
- Checkmate for AI Chips? NVIDIA’s Crisis Opens the Board
- Can NVIDIA Maintain Its Momentum Without Huang?
- Six Flags Lost $366 Million in Q3—Its Insiders Just Went Shopping
- What Went Wrong With Amprius Technologies’ Q3? Less Than You’d Think
Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVE – Free Report).
Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.
