VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Five Below, Inc. $FIVE

Key Points

• Virginia Retirement Systems purchased 23,294 shares of Five Below worth approximately $4.19 million in the second quarter, joining several other institutional investors that initiated or increased positions.
• Five Below reported stronger-than-expected quarterly results, with EPS of $1.68 versus the $1.40 consensus and revenue of $1.26 billion, up 22.9% year over year.
• Analysts maintain a generally positive view, with the stock carrying a “Moderate Buy” consensus rating and a $300.70 average price target, although some firms have downgraded or lowered their targets.

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 23,294 shares of the specialty retailer's stock, valued at approximately $4,188,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of FIVE. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Five Below in the second quarter valued at about $31,000. Advisory Services Network LLC purchased a new position in shares of Five Below during the third quarter worth about $32,000. Bayban purchased a new position in shares of Five Below during the fourth quarter worth about $34,000. Elevation Wealth Partners LLC increased its position in Five Below by 966.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer's stock valued at $35,000 after acquiring an additional 174 shares during the period. Finally, iSAM Funds UK Ltd purchased a new stake in Five Below during the 3rd quarter valued at approximately $40,000.

Insider Buying and Selling

In related news, COO Kenneth Bull sold 10,510 shares of the business's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $248.06, for a total transaction of $2,607,110.60. Following the sale, the chief operating officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.96% of the company's stock.

Five Below Price Performance

Shares of FIVE stock opened at $247.12 on Thursday. The business's fifty day moving average price is $222.31 and its 200 day moving average price is $218.68. The firm has a market capitalization of $13.60 billion, a PE ratio of 22.18, a P/E/G ratio of 1.00 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.

Five Below (NASDAQ:FIVE - Get Free Report) last released its earnings results 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%.Five Below's quarterly revenue was up 22.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 earnings per share. 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 expect that Five Below, Inc. will post 10.27 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Oppenheimer started coverage on Five Below in a research note on Thursday, August 13th. They issued an "outperform" rating on the stock. Barclays decreased their price target on Five Below from $240.00 to $224.00 and set an "equal weight" rating for the company in a report on Friday, June 5th. Benchmark assumed coverage on shares of Five Below in a research note on Thursday, August 13th. They issued a "buy" rating on the stock. HSBC upgraded shares of Five Below to a "hold" rating in a research report on Tuesday, July 21st. Finally, Loop Capital cut shares of Five Below from a "buy" rating to a "hold" rating and set a $250.00 target price for the company. in a research note on Tuesday, August 25th. One equities research 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 stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $300.70.

Five Below Company Profile

Five Below, Inc NASDAQ: FIVE is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

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