Five Below, Inc. $FIVE Stock: CenterBook Partners LP Lowers Stake

CenterBook Partners LP cut its stake in Five Below, Inc. (NASDAQ:FIVE) by 91.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,283 shares of the specialty retailer’s stock after selling 13,022 shares during the period. CenterBook Partners LP’s holdings in Five Below were worth $282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently added to or reduced their stakes in FIVE. Varenne Capital Partners acquired a new position in shares of Five Below during the second quarter worth approximately $25,305,000. AlphaGrep UK Ltd bought a new position in Five Below in the 2nd quarter worth approximately $1,185,000. Amundi grew its holdings in Five Below by 34.9% in the 2nd quarter. Amundi now owns 277,311 shares of the specialty retailer’s stock worth $49,858,000 after buying an additional 71,709 shares in the last quarter. Bank of America Corp DE bought a new position in Five Below in the 2nd quarter worth approximately $70,033,000. Finally, California Public Employees Retirement System increased its position in Five Below by 10.0% in the 1st quarter. California Public Employees Retirement System now owns 106,692 shares of the specialty retailer’s stock valued at $24,377,000 after acquiring an additional 9,682 shares during the period.

Five Below Trading Down 0.2%

Shares of NASDAQ FIVE opened at $246.68 on Friday. The firm has a market capitalization of $13.58 billion, a PE ratio of 22.14, a PEG ratio of 0.95 and a beta of 0.90. The business has a 50-day moving average price of $231.96 and a two-hundred day moving average price of $220.18. Five Below, Inc. has a one year low of $143.02 and a one year high of $263.88.

Five Below (NASDAQ:FIVE) last released 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 net margin of 11.65% and a return on equity of 22.13%. The firm had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter in the prior year, the business earned $0.81 EPS. The company’s revenue for the quarter was up 22.9% compared to the same quarter last year. 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. Research analysts anticipate that Five Below, Inc. will post 10.54 EPS for the current year.

Wall Street Analysts Forecast Growth

FIVE has been the subject of a number of analyst reports. Benchmark began coverage on Five Below in a research report on Thursday, August 13th. They set a “buy” rating for the company. Citigroup raised their price target on Five Below from $235.00 to $265.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. Zacks Research cut shares of Five Below from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 2nd. Raymond James Financial upgraded shares of Five Below to an “outperform” rating in a research report on Tuesday, July 21st. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $306.00 target price on shares of Five Below in a research report on Friday, September 25th. 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $301.90.

Insider Buying and Selling at Five Below

In other Five Below news, CMO Jacob Hawkins sold 818 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $248.88, for a total transaction of $203,583.84. Following the completion of the sale, the chief marketing officer owned 3,728 shares of the company’s stock, valued at $927,824.64. This represents a 17.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Kenneth Bull sold 10,510 shares of the company’s stock in a transaction on 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 transaction, 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 SEC filing for this sale provides additional information. Insiders have sold 18,438 shares of company stock valued at $4,580,933 over the last three months. 0.96% of the stock is owned by insiders.

About Five Below

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.