Corient Private Wealth LP Buys 20,131 Shares of Five Below, Inc. $FIVE

Key Points

• Corient Private Wealth increased its Five Below stake by 29.8% in the second quarter, buying 20,131 shares to hold 87,797 shares worth approximately $15.8 million. Several other institutional investors also raised or initiated positions.
• Five Below reported quarterly earnings of $1.68 per share, exceeding estimates of $1.40, while revenue rose 22.9% year over year to $1.26 billion. The stock opened at $236.07, with a market capitalization of about $13 billion.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $300.70, although company insiders sold 12,938 shares worth approximately $3.2 million over the past 90 days.

Corient Private Wealth LP grew its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 29.8% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,797 shares of the specialty retailer's stock after buying an additional 20,131 shares during the quarter. Corient Private Wealth LP owned approximately 0.16% of Five Below worth $15,785,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in FIVE. Amundi increased its stake in shares of Five Below by 34.9% in the second quarter. Amundi now owns 277,311 shares of the specialty retailer's stock worth $49,858,000 after purchasing an additional 71,709 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Five Below in the 2nd quarter worth $4,188,000. Varenne Capital Partners bought a new stake in Five Below during the second quarter valued at about $25,305,000. AlphaGrep UK Ltd bought a new stake in Five Below during the second quarter valued at about $1,185,000. Finally, TD Waterhouse Canada Inc. purchased a new position in shares of Five Below in the second quarter valued at about $64,000.

Five Below Price Performance

Shares of FIVE opened at $236.07 on Wednesday. The stock has a market capitalization of $13.00 billion, a price-to-earnings ratio of 21.19, a price-to-earnings-growth ratio of 0.96 and a beta of 0.99. Five Below, Inc. has a 1 year low of $137.77 and a 1 year high of $263.88. The business's 50 day simple moving average is $227.39 and its 200-day simple moving average is $219.30.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, topping analysts' consensus estimates of $1.40 by $0.28. The firm had revenue of $1.26 billion for the quarter, compared to the consensus estimate of $1.22 billion. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The business's quarterly revenue was up 22.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 EPS. 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, sell-side analysts expect that Five Below, Inc. will post 10.56 earnings per share for the current year.

Insider Transactions at Five Below

In related news, CMO Jacob Hawkins sold 818 shares of the company's stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $248.88, for a total transaction of $203,583.84. Following the transaction, the chief marketing officer directly owned 3,728 shares in the company, valued at approximately $927,824.64. This represents a 17.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Maureen Gellerman sold 1,610 shares of the business's stock in a transaction that occurred 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 of the company's stock, valued at $2,191,667.76. This trade represents a 15.46% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 12,938 shares of company stock worth $3,211,488. 0.96% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on FIVE shares. Citigroup upped their price objective on Five Below from $235.00 to $265.00 and gave the stock a "neutral" rating in a research note on Thursday, September 3rd. Raymond James Financial raised Five Below to an "outperform" rating in a research note on Tuesday, July 21st. Evercore set a $260.00 price target on Five Below in a research note on Thursday, September 3rd. Guggenheim upped their price target on Five Below from $250.00 to $290.00 and gave the stock a "buy" rating in a research note on Thursday, September 3rd. Finally, Jefferies Financial Group increased their price objective on shares of Five Below from $350.00 to $420.00 and gave the company a "buy" rating in a report on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and thirteen have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $300.70.

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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