Five Below, Inc. $FIVE Stock Position Lifted by Tidal Investments LLC

Key Points

• Institutional ownership increased: Tidal Investments raised its Five Below position by 37.8% to 23,519 shares worth approximately $4.23 million. Other major investors, including California State Teachers’ Retirement System, BlackRock and Wellington Management, also increased or initiated positions.
• Analysts remain broadly positive: Five Below has a consensus “Moderate Buy” rating and an average price target of $300.70, with recent target increases from Truist Financial and Morgan Stanley.
• Quarterly results beat expectations: The retailer reported adjusted earnings of $1.68 per share versus the $1.40 consensus estimate and revenue of $1.26 billion, up 22.9% year over year. Insiders have sold nearly $3.21 million of stock over the past three months.

Tidal Investments LLC grew its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 37.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 23,519 shares of the specialty retailer's stock after purchasing an additional 6,457 shares during the period. Tidal Investments LLC's holdings in Five Below were worth $4,228,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of FIVE. California State Teachers Retirement System raised its position in shares of Five Below by 17,961.6% during the 2nd quarter. California State Teachers Retirement System now owns 11,524,359 shares of the specialty retailer's stock worth $2,071,965,000 after buying an additional 11,460,553 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Five Below in the 2nd quarter worth approximately $964,867,000. Wellington Management Group LLP boosted its holdings in shares of Five Below by 54.4% in the second quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer's stock valued at $325,717,000 after acquiring an additional 638,049 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Five Below by 5.2% in the fourth quarter. Geode Capital Management LLC now owns 1,090,973 shares of the specialty retailer's stock valued at $205,535,000 after acquiring an additional 53,808 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Five Below in the fourth quarter valued at approximately $182,786,000.

Insider Transactions at Five Below

In other news, COO Kenneth Bull sold 10,510 shares of the company's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $248.06, for a total transaction of $2,607,110.60. Following the completion of the sale, the chief operating officer directly owned 75,064 shares of the company's stock, valued at $18,620,375.84. This represents a 12.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Maureen Gellerman sold 1,610 shares of the 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 completion of 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. Insiders have sold 12,938 shares of company stock valued at $3,211,488 over the last three months. Company insiders own 0.96% of the company's stock.

Analyst Upgrades and Downgrades

FIVE has been the topic of several recent analyst reports. HSBC raised Five Below to a "hold" rating in a report on Tuesday, July 21st. Weiss Ratings reiterated a "hold (c)" rating on shares of Five Below in a research report on Wednesday, September 2nd. Deutsche Bank Aktiengesellschaft set a $401.00 price objective on Five Below in a research note on Thursday, September 3rd. Truist Financial upped their price objective on Five Below from $273.00 to $297.00 and gave the company a "buy" rating in a report on Thursday, September 3rd. Finally, Morgan Stanley raised their target price on Five Below from $235.00 to $300.00 and gave the company an "equal weight" rating in a research note on Thursday, September 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and thirteen have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $300.70.

Five Below Stock Performance

Five Below stock opened at $249.59 on Tuesday. The firm has a market cap of $13.74 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 0.94 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 firm's 50 day moving average price is $226.19 and its two-hundred day moving average price is $219.21.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, beating analysts' consensus estimates of $1.40 by $0.28. The company had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. Five Below had a return on equity of 22.13% and a net margin of 11.65%.The company's quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. As a group, equities analysts predict that Five Below, Inc. will post 10.56 EPS for the current fiscal year.

Five Below Company Profile

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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