Five Below, Inc. $FIVE Shares Sold by Optimize Financial Inc

Optimize Financial Inc trimmed its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 52.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,892 shares of the specialty retailer’s stock after selling 4,360 shares during the period. Optimize Financial Inc’s holdings in Five Below were worth $602,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Ballentine Partners LLC grew its position in Five Below by 4.5% during the third quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock valued at $287,000 after acquiring an additional 80 shares during the period. Louisiana State Employees Retirement System raised its holdings in shares of Five Below by 0.6% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the specialty retailer’s stock worth $2,033,000 after purchasing an additional 100 shares during the period. State of Michigan Retirement System lifted its stake in shares of Five Below by 0.8% in the 2nd quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after purchasing an additional 100 shares in the last quarter. True Wealth Design LLC grew its holdings in shares of Five Below by 25.2% during the 3rd quarter. True Wealth Design LLC now owns 562 shares of the specialty retailer’s stock worth $87,000 after purchasing an additional 113 shares during the period. Finally, Lazard Asset Management LLC increased its position in Five Below by 7.9% during the 2nd quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock worth $213,000 after purchasing an additional 120 shares in the last quarter.

Insiders Place Their Bets

In other news, Director Kathleen S. Barclay sold 2,200 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the sale, the director owned 9,214 shares of the company’s stock, valued at approximately $1,677,224.42. The trade was a 19.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Eric M. Specter sold 8,500 shares of the company’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $201.15, for a total transaction of $1,709,775.00. Following the completion of the sale, the chief accounting officer owned 45,724 shares in the company, valued at approximately $9,197,382.60. This trade represents a 15.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 50,769 shares of company stock valued at $9,365,308. 1.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

FIVE has been the topic of a number of recent research reports. Jefferies Financial Group lifted their price target on shares of Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a research report on Thursday, December 4th. Mizuho raised their target price on shares of Five Below from $165.00 to $185.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Loop Capital restated a “buy” rating and set a $200.00 target price on shares of Five Below in a report on Wednesday, December 17th. Wall Street Zen raised shares of Five Below from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Zacks Research raised Five Below from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $198.60.

Five Below Stock Performance

NASDAQ:FIVE opened at $196.73 on Wednesday. The stock has a market cap of $10.85 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 1.70 and a beta of 1.14. Five Below, Inc. has a one year low of $52.38 and a one year high of $205.22. The business’s 50-day simple moving average is $185.97 and its 200 day simple moving average is $161.32.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.46. Five Below had a return on equity of 17.15% and a net margin of 6.96%.The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $971.96 million. During the same period in the previous year, the business earned $0.42 EPS. Five Below’s revenue for the quarter was up 23.1% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. On average, equities research analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Five Below 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.