Five Below (NASDAQ:FIVE) Director Ronald Sargent Sells 10,000 Shares of Stock

Five Below, Inc. (NASDAQ:FIVEGet Free Report) Director Ronald Sargent sold 10,000 shares of Five Below stock in a transaction that occurred on 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 sale, the director directly owned 83,674 shares of the company’s stock, valued at $19,352,122.72. This represents a 10.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Five Below Stock Up 1.1%

Shares of NASDAQ:FIVE opened at $233.65 on Thursday. Five Below, Inc. has a 52-week low of $52.38 and a 52-week high of $237.50. The stock has a market cap of $12.91 billion, a P/E ratio of 36.17, a price-to-earnings-growth ratio of 1.73 and a beta of 1.10. The business’s 50 day moving average is $209.63 and its 200 day moving average is $180.25.

Five Below (NASDAQ:FIVEGet Free Report) last released its quarterly earnings data on Wednesday, March 18th. The specialty retailer reported $4.31 EPS for the quarter, topping the consensus estimate of $4.00 by $0.31. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The company had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same period last year, the business posted $3.48 EPS. Five Below’s quarterly revenue was up 24.3% on a year-over-year basis. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current fiscal year.

More Five Below News

Here are the key news stories impacting Five Below this week:

  • Positive Sentiment: High-profile bullish endorsement from Jim Cramer that Five Below’s growth and consumer resilience give it “more room to run,” which can attract retail and momentum buyers. Cramer: Five Below has ‘more room to run’ despite tripling in 12 months
  • Positive Sentiment: Zacks added FIVE to its top growth/momentum lists (Rank #1 / Strong Buy) and ran multiple pieces framing FIVE as a long?term momentum/growth pick — these analyst headlines support buying interest and help explain upward price pressure. Best Growth Stocks to Buy for March 25th
  • Positive Sentiment: Wall Street momentum: after Five Below’s strong March earnings beat, several firms raised price targets (reports of $235, $260 and $285 targets and upgrades), underpinning optimism and providing near?term upside references for buyers. Five Below’s Earnings Blowout Has Wall Street Scrambling to Raise Targets
  • Neutral Sentiment: Viral/product coverage (AOL, ConsumerAffairs, lifestyle sites) is boosting brand relevance and foot traffic potential, but these stories have limited immediate quantifiable impact on near?term financials. Five Below Offers $5 Paw Cleaner to Keep Your Floors Mud-Free
  • Negative Sentiment: Insider selling: COO Kenneth Bull sold 10,000 shares (~$2.34M) in a disclosed transaction — a modest negative signal that some investors interpret as caution about near?term upside. Kenneth Bull Sells 10,000 Shares of Five Below (NASDAQ:FIVE) Stock
  • Negative Sentiment: Confusing short?interest reports showing anomalous “0 shares/NaN” entries — likely a data/reporting error but could spur short?term uncertainty or trading noise for those monitoring days?to?cover and borrow availability.

Hedge Funds Weigh In On Five Below

Large investors have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. grew its position in shares of Five Below by 40,774,210.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock worth $10,445,139,000 after buying an additional 55,452,926 shares during the last quarter. Vanguard Group Inc. lifted its position in Five Below by 1.3% during the third quarter. Vanguard Group Inc. now owns 5,376,471 shares of the specialty retailer’s stock valued at $831,740,000 after acquiring an additional 69,101 shares during the last quarter. American Century Companies Inc. lifted its position in 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 acquiring an additional 332,615 shares during the last quarter. Marshall Wace LLP boosted its stake in Five Below by 54.6% in the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock valued at $336,254,000 after acquiring an additional 630,710 shares in the last quarter. Finally, Federated Hermes Inc. boosted its stake in Five Below by 3.1% in the fourth quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock valued at $284,121,000 after acquiring an additional 45,761 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Mizuho upped their price objective on shares of Five Below from $185.00 to $205.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Craig Hallum restated a “buy” rating and issued a $246.00 price target on shares of Five Below in a report on Tuesday, March 17th. Guggenheim upped their price target on shares of Five Below from $225.00 to $260.00 and gave the stock a “buy” rating in a research report on Friday, March 20th. JPMorgan Chase & Co. increased their price objective on shares of Five Below from $259.00 to $296.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Finally, The Goldman Sachs Group lifted their price objective on shares of Five Below from $188.00 to $216.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, Five Below currently has a consensus rating of “Moderate Buy” and a consensus target price of $229.86.

Check Out Our Latest Analysis on Five Below

Five Below Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Five Below (NASDAQ:FIVE)

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