Wasatch Advisors LP Sells 492,490 Shares of Five Below, Inc. $FIVE

Wasatch Advisors LP decreased its holdings in Five Below, Inc. (NASDAQ:FIVEFree Report) by 60.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 325,892 shares of the specialty retailer’s stock after selling 492,490 shares during the quarter. Wasatch Advisors LP’s holdings in Five Below were worth $58,592,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in FIVE. Advisory Services Network LLC purchased a new stake in Five Below during the third quarter valued at approximately $32,000. Bayban purchased a new position in shares of Five Below during the 4th quarter worth $34,000. V Square Quantitative Management LLC purchased a new position in shares of Five Below during the 4th quarter worth $35,000. Elevation Wealth Partners LLC grew its position in shares of Five Below by 966.7% during the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock valued at $35,000 after acquiring an additional 174 shares during the period. Finally, iSAM Funds UK Ltd bought a new stake in shares of Five Below during the 3rd quarter valued at $40,000.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Citigroup assumed coverage on Five Below in a report on Thursday, July 9th. They issued a “market perform” rating on the stock. Sanford C. Bernstein raised Five Below from a “market perform” rating to an “outperform” rating and boosted their price target for the company from $247.00 to $250.00 in a report on Tuesday, July 21st. Wolfe Research upgraded Five Below from a “cautious” rating to an “outperform” rating in a research report on Thursday, July 9th. JPMorgan Chase & Co. raised their price objective on Five Below from $296.00 to $306.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Morgan Stanley cut Five Below from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $256.05.

Check Out Our Latest Analysis on FIVE

Five Below Stock Down 0.5%

Shares of Five Below stock opened at $234.24 on Wednesday. The company has a market capitalization of $12.95 billion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.24 and a beta of 0.98. The stock’s 50-day simple moving average is $199.22 and its 200-day simple moving average is $211.68. Five Below, Inc. has a 52 week low of $131.52 and a 52 week high of $251.63.

Five Below (NASDAQ:FIVEGet Free Report) last released its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.77 by $0.45. The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm’s revenue was up 32.5% on a year-over-year basis. During the same quarter last year, the business posted $0.86 earnings per share. 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, equities analysts expect that Five Below, Inc. will post 9.08 earnings per share for the current year.

Five Below Profile

(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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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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