Five Below, Inc. $FIVE Stock Purchased by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors increased its Five Below stake by 629.7% in the third quarter, acquiring 6,190 additional shares and ending with a position valued at approximately $1.575 million. Other major institutions, including BlackRock and Wellington Management, also increased or initiated positions.
• Analysts maintain a generally positive outlook, with Five Below carrying a “Moderate Buy” consensus rating and an average price target of $300.20. Wells Fargo and Truist recently raised their price targets to $295 and $297, respectively.
• Five Below exceeded quarterly expectations, reporting $1.68 in earnings per share versus the $1.40 consensus and revenue of $1.26 billion. However, insiders sold 18,438 shares worth approximately $4.58 million over the past three months.

Nisa Investment Advisors LLC grew its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 629.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,173 shares of the specialty retailer's stock after acquiring an additional 6,190 shares during the quarter. Nisa Investment Advisors LLC's holdings in Five Below were worth $1,575,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. BlackRock Inc. bought a new position in shares of Five Below in the second quarter worth approximately $964,867,000. Wellington Management Group LLP raised its stake in 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 purchasing an additional 638,049 shares in the last quarter. Alyeska Investment Group L.P. lifted its position in Five Below by 8.8% during the second quarter. Alyeska Investment Group L.P. now owns 536,532 shares of the specialty retailer's stock valued at $96,463,000 after purchasing an additional 43,367 shares during the last quarter. Quantinno Capital Management LP lifted its position in Five Below by 49.4% during the first quarter. Quantinno Capital Management LP now owns 522,234 shares of the specialty retailer's stock valued at $119,320,000 after purchasing an additional 172,626 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in Five Below by 39.0% during the first quarter. Bank of America Corp DE now owns 513,362 shares of the specialty retailer's stock valued at $117,293,000 after purchasing an additional 144,003 shares during the last quarter.

Analyst Ratings Changes

FIVE has been the subject of a number of research reports. HSBC raised shares of Five Below to a "hold" rating in a research note on Tuesday, July 21st. Susquehanna cut shares of Five Below to a "neutral" rating in a research report on Tuesday, July 21st. Royal Bank Of Canada downgraded shares of Five Below to a "sector perform" rating in a report on Thursday, July 9th. Wells Fargo & Company lifted their price objective on shares of Five Below from $260.00 to $295.00 and gave the stock an "overweight" rating in a report on Thursday, September 3rd. Finally, Truist Financial upped their target price on shares of Five Below from $273.00 to $297.00 and gave the stock a "buy" rating in a research report on Thursday, September 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $300.20.

Insider Buying and Selling at Five Below

In other news, COO Kenneth Bull sold 10,510 shares of the business's stock in a transaction that occurred on Friday, September 4th. The shares were 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 directly owned 75,064 shares in the company, valued at approximately $18,620,375.84. The trade was a 12.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed 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 stock was sold at an average price of $248.94, for a total transaction of $400,793.40. Following the completion of the sale, the insider owned 8,804 shares of the company's stock, valued at approximately $2,191,667.76. The trade was a 15.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 18,438 shares of company stock valued at $4,580,933. 0.96% of the stock is owned by insiders.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $223.24 on Monday. The stock has a market cap of $12.29 billion, a price-to-earnings ratio of 20.04, a P/E/G ratio of 0.86 and a beta of 0.94. Five Below, Inc. has a 1-year low of $143.02 and a 1-year high of $263.88. The stock's 50-day moving average is $233.13 and its 200 day moving average is $219.02.

Five Below (NASDAQ:FIVE - Get Free Report) last released 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 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%. Five Below's quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter in the previous year, the company 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, analysts forecast that Five Below, Inc. will post 10.51 EPS for the current fiscal year.

Five Below Profile

Five Below, Inc is a specialty value retailer that sells merchandise aimed primarily at children, teenagers and young adults. Its product assortment includes technology accessories, toys and games, sports and recreation items, room décor, fashion and beauty products, party supplies, arts and crafts, and candy. The company emphasizes trend-driven products at low prices, with most items historically priced between $1 and $5 and a selection of higher-priced “Five Beyond” merchandise.

Five Below operates stores across the United States and also sells products through its e-commerce platform.

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