Lisanti Capital Growth LLC bought a new stake in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) in the 3rd quarter, HoldingsChannel reports. The firm bought 20,470 shares of the specialty retailer’s stock, valued at approximately $4,495,000.
Other large investors have also recently added to or reduced their stakes in the company. Varenne Capital Partners acquired a new stake in shares of Five Below during the 2nd quarter valued at $25,305,000. AlphaGrep UK Ltd bought a new stake in shares of Five Below during the 2nd quarter worth $1,185,000. Amundi grew its holdings in shares of Five Below by 34.9% in the 2nd quarter. Amundi now owns 277,311 shares of the specialty retailer’s stock worth $49,858,000 after acquiring an additional 71,709 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Five Below in the 2nd quarter worth $70,033,000. Finally, California Public Employees Retirement System raised its position in shares of Five Below by 10.0% during the first quarter. California Public Employees Retirement System now owns 106,692 shares of the specialty retailer’s stock worth $24,377,000 after purchasing an additional 9,682 shares during the period.
Five Below Stock Performance
Five Below stock opened at $250.74 on Thursday. The company has a 50 day moving average price of $231.75 and a 200 day moving average price of $219.59. Five Below, Inc. has a 52 week low of $143.02 and a 52 week high of $263.88. The firm has a market capitalization of $13.80 billion, a price-to-earnings ratio of 22.51, a P/E/G ratio of 0.98 and a beta of 0.90.
Five Below (NASDAQ:FIVE – Get Free Report) last posted its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The firm had revenue of $1.26 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the company posted $0.81 EPS. The company’s quarterly revenue was up 22.9% compared to the same quarter last year. 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. Equities analysts forecast that Five Below, Inc. will post 10.54 earnings per share for the current fiscal year.
Insiders Place Their Bets
In other news, COO Kenneth Bull sold 10,510 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the sale, the chief operating officer owned 75,064 shares of the company’s stock, valued at $18,620,375.84. This trade represents a 12.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Maureen Gellerman sold 1,610 shares of Five Below stock in a transaction 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 owned 8,804 shares in the company, valued at $2,191,667.76. This represents a 15.46% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 18,438 shares of company stock worth $4,580,933. 0.96% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
Several brokerages have recently commented on FIVE. Citigroup upped their target price on Five Below from $235.00 to $265.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. Benchmark initiated coverage on Five Below in a research report on Thursday, August 13th. They issued a “buy” rating for the company. Wells Fargo & Company lifted their price target on Five Below from $260.00 to $295.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. Truist Financial boosted their price objective on Five Below from $297.00 to $302.00 and gave the stock a “buy” rating in a report on Thursday, November 5th. Finally, Raymond James Financial upgraded Five Below to an “outperform” rating in a report on Tuesday, July 21st. Nineteen investment analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $301.90.
Check Out Our Latest Research Report on Five Below
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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