Five Below, Inc. $FIVE Stock Sold by Summit Creek Advisors LLC

Key Points

• Summit Creek Advisors cut its Five Below stake by 25% in the third quarter, selling 7,882 shares and retaining 23,648 shares valued at about $5.2 million.
• Five Below reported quarterly EPS of $1.68, beating the $1.40 consensus, while revenue of $1.26 billion topped estimates and rose 22.9% year over year.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $300.45; 19 analysts rate the stock Buy and 13 rate it Hold.

Summit Creek Advisors LLC cut its holdings in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 25.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,648 shares of the specialty retailer's stock after selling 7,882 shares during the period. Five Below makes up about 2.1% of Summit Creek Advisors LLC's investment portfolio, making the stock its 21st largest holding. Summit Creek Advisors LLC's holdings in Five Below were worth $5,192,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. BlackRock Inc. bought a new stake in Five Below during the 2nd quarter valued at $964,867,000. Wellington Management Group LLP boosted its position in Five Below by 54.4% during the 2nd quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer's stock worth $325,717,000 after acquiring an additional 638,049 shares during the period. Bank of America Corp DE bought a new position in shares of Five Below in the second quarter worth $70,033,000. Bank of New York Mellon Corp bought a new position in shares of Five Below in the second quarter worth $59,425,000. Finally, Freestone Grove Partners LP bought a new position in shares of Five Below in the second quarter worth $52,568,000.

Five Below Stock Performance

Shares of FIVE stock opened at $240.30 on Friday. Five Below, Inc. has a 1 year low of $143.02 and a 1 year high of $263.88. The business's fifty day moving average is $231.26 and its 200-day moving average is $218.69. The stock has a market cap of $13.23 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 0.92 and a beta of 0.90.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share 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 business 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 firm posted $0.81 earnings per share. The company's revenue was up 22.9% on a year-over-year basis. 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. Equities research analysts predict that Five Below, Inc. will post 10.54 earnings per share for the current year.

Analyst Upgrades and Downgrades

FIVE has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft set a $401.00 price objective on shares of Five Below in a research note on Thursday, September 3rd. Weiss Ratings upgraded shares of Five Below from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, October 29th. Morgan Stanley raised their target price on shares of Five Below from $235.00 to $300.00 and gave the company an "equal weight" rating in a research note on Thursday, September 3rd. Wolfe Research cut shares of Five Below from an "outperform" rating to a "peer perform" rating in a research note on Thursday, August 13th. Finally, Evercore set a $250.00 price target on shares of Five Below in a research report on Tuesday, September 29th. Nineteen equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $300.45.

Insider Buying and Selling at Five Below

In other news, CMO Jacob Hawkins sold 818 shares of Five Below stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $248.88, for a total value of $203,583.84. Following the transaction, the chief marketing officer owned 3,728 shares of the company's stock, valued at $927,824.64. The trade was a 17.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the completion of the sale, the chief accounting officer owned 35,482 shares in the company, valued at $8,834,663.18. The trade was a 13.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,438 shares of company stock valued at $4,580,933 over the last 90 days. Insiders own 0.96% of the company's stock.

Five Below Profile

Five Below, Inc is a U.S. discount retailer offering a changing assortment of value-priced products for teens, tweens, and families. Its merchandise spans toys and games, technology accessories, sports and recreation, fashion and accessories, home goods, party supplies, seasonal items, and candy.

The company was founded in 2002 by David Schlessinger and Tom Vellios, and opened its first store in Wayne, Pennsylvania. While its name reflects its original focus on products priced at $5 or less, Five Below has expanded its assortment to include higher-priced items through its Five Beyond offering.

Five Below serves customers through stores across the United States and online.

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