Bank of America Corp DE Purchases New Shares in Five Below, Inc. $FIVE

Key Points

• Bank of America acquired 389,529 shares of Five Below during the second quarter, worth approximately $70 million and representing a 0.70% stake.
• Five Below reported strong quarterly results, with EPS of $1.68 exceeding estimates of $1.40 and revenue rising 22.9% year over year to $1.26 billion. The company also raised its fiscal 2026 outlook.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus and an average price target of $300.70, though insider selling and the shares’ premium valuation remain potential concerns.

Bank of America Corp DE acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 389,529 shares of the specialty retailer's stock, valued at approximately $70,033,000. Bank of America Corp DE owned 0.70% of Five Below as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the business. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Five Below in the 2nd quarter worth approximately $31,000. Bayban bought a new position in Five Below in the 4th quarter worth $34,000. Elevation Wealth Partners LLC boosted its stake in Five Below by 966.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer's stock worth $35,000 after purchasing an additional 174 shares during the period. Basecamp Wealth Advisors LLC boosted its holdings in shares of Five Below by 83.8% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 182 shares of the specialty retailer's stock valued at $42,000 after purchasing an additional 83 shares during the last quarter. Finally, V Square Quantitative Management LLC grew its holdings in shares of Five Below by 29.6% in the first quarter. V Square Quantitative Management LLC now owns 241 shares of the specialty retailer's stock valued at $55,000 after purchasing an additional 55 shares in the last quarter.

Five Below Price Performance

Shares of FIVE stock opened at $234.14 on Friday. The stock's 50-day moving average is $230.47 and its 200 day moving average is $219.58. Five Below, Inc. has a 1-year low of $137.77 and a 1-year high of $263.88. The company has a market cap of $12.89 billion, a P/E ratio of 21.02, a PEG ratio of 0.90 and a beta of 0.99.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating the consensus estimate of $1.40 by $0.28. Five Below had a return on equity of 22.13% and a net margin of 11.65%.The firm had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business posted $0.81 EPS. The business's revenue for the quarter 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. On average, analysts anticipate that Five Below, Inc. will post 10.51 EPS for the current year.

Trending Headlines about Five Below

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

• Positive Sentiment: Five Below raised its fiscal 2026 outlook after a second-quarter earnings beat. Stronger customer traffic, improved margins and “newness” in its merchandise assortment helped lift the company’s earnings trajectory. FIVE raises 2026 outlook article
• Positive Sentiment: The latest quarterly results showed revenue up 22.9% year over year to $1.26 billion, while EPS of $1.68 exceeded the $1.40 consensus estimate. The results reinforce the view that traffic and profitability improvements are driving growth.
• Positive Sentiment: Zacks Research raised several future earnings forecasts, including FY2027 EPS to $10.12 from $8.94, FY2028 EPS to $11.49 from $9.79, and FY2029 EPS to $12.57 from $10.67. Higher long-term estimates support the bull case for FIVE. Five Below earnings forecast article
• Neutral Sentiment: Analysts see meaningful growth potential, but the stock trades at a premium valuation after its recent rally. Investors therefore require continued execution on traffic, margins and store expansion. FIVE valuation analysis
• Negative Sentiment: Insider selling could weigh on sentiment. Chief Accounting Officer Eric Specter sold 5,500 shares for approximately $1.37 million, while Chief Human Resources Officer Maureen Gellerman separately sold 1,610 shares for about $401,000. These transactions may encourage profit-taking concerns.
• Negative Sentiment: Some analysts caution that Five Below’s growth may not be sustainable over the long term, leaving the shares vulnerable if traffic or margin momentum slows.

Analyst Ratings Changes

Several research firms have recently weighed in on FIVE. Guggenheim boosted their target price on Five Below from $250.00 to $290.00 and gave the company a "buy" rating in a research report on Thursday, September 3rd. 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 report on Tuesday, August 25th. Citigroup raised their target price on shares of Five Below from $235.00 to $265.00 and gave the stock a "neutral" rating in a report on Thursday, September 3rd. Telsey Advisory Group upped their price target on shares of Five Below from $280.00 to $305.00 and gave the company an "outperform" rating in a report on Thursday, September 3rd. Finally, HSBC raised shares of Five Below to a "hold" rating in a research note on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, Five Below presently has an average rating of "Moderate Buy" and an average target price of $300.70.

Insider Transactions at Five Below

In other Five Below news, COO Kenneth R. Bull sold 10,510 shares of the business's stock in a transaction that occurred 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 transaction, the chief operating officer directly owned 75,064 shares of the company's stock, valued at approximately $18,620,375.84. The trade was a 12.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 transaction of $400,793.40. Following the completion of the transaction, the insider directly owned 8,804 shares of the company's stock, valued at $2,191,667.76. The trade was a 15.46% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 18,438 shares of company stock worth $4,580,933 in the last ninety days. Corporate insiders own 0.96% of the company's stock.

About Five Below

Five Below, Inc is a specialty value retailer that sells merchandise primarily designed for children, teens and preteens. Its product assortment generally includes toys, games, fashion accessories, room décor, sports equipment, technology accessories, party supplies, seasonal items and candy. The company operates under a “five and beyond” pricing concept, offering most products at affordable price points while also selling selected higher-priced items.

Founded in 2002 by David Schlessinger and Tom Vellios, Five Below has expanded from its original store base into a nationwide retail chain.

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