Riverbridge Partners LLC Sells 24,337 Shares of Five Below, Inc. $FIVE

Riverbridge Partners LLC lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE) by 5.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 404,657 shares of the specialty retailer’s stock after selling 24,337 shares during the period. Five Below accounts for about 2.7% of Riverbridge Partners LLC’s holdings, making the stock its 8th biggest position. Riverbridge Partners LLC owned 0.74% of Five Below worth $88,851,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Illinois Municipal Retirement Fund increased its holdings in shares of Five Below by 0.6% in the third quarter. Illinois Municipal Retirement Fund now owns 30,379 shares of the specialty retailer’s stock worth $6,670,000 after purchasing an additional 173 shares during the period. Lido Advisors LLC raised its position in shares of Five Below by 178.5% in the third quarter. Lido Advisors LLC now owns 5,085 shares of the specialty retailer’s stock worth $1,117,000 after buying an additional 3,259 shares in the last quarter. New York Life Investment Management LLC raised its position in shares of Five Below by 13.6% in the third quarter. New York Life Investment Management LLC now owns 8,169 shares of the specialty retailer’s stock worth $1,794,000 after buying an additional 981 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc bought a new stake in Five Below during the third quarter valued at $2,123,000. Finally, AlphaCore Capital LLC boosted its stake in Five Below by 97.8% during the third quarter. AlphaCore Capital LLC now owns 2,334 shares of the specialty retailer’s stock valued at $512,000 after buying an additional 1,154 shares during the period.

Insider Transactions at Five Below

In related news, insider Maureen Gellerman sold 1,610 shares of the firm’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $248.94, for a total transaction of $400,793.40. Following the transaction, the insider directly owned 8,804 shares of the company’s stock, valued at approximately $2,191,667.76. This trade represents a 15.46% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CMO Jacob Hawkins sold 818 shares of the business’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 value 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. The trade was a 17.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 18,438 shares of company stock valued at $4,580,933 over the last quarter. 0.96% of the stock is owned by company insiders.

Five Below Stock Performance

NASDAQ FIVE opened at $253.51 on Wednesday. Five Below, Inc. has a 52-week low of $143.02 and a 52-week high of $263.88. The company has a market capitalization of $13.96 billion, a P/E ratio of 22.76, a P/E/G ratio of 0.98 and a beta of 0.90. The company has a fifty day moving average of $231.63 and a 200-day moving average of $219.29.

Five Below (NASDAQ:FIVE) 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. 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 for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The firm’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. As a group, analysts forecast that Five Below, Inc. will post 10.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on FIVE shares. Craig Hallum restated a “buy” rating and set a $325.00 target price on shares of Five Below in a research report on Thursday, September 3rd. Guggenheim raised their price target on Five Below from $250.00 to $290.00 and gave the company a “buy” rating in a report on Thursday, September 3rd. BNP Paribas Exane downgraded Five Below from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Evercore set a $250.00 price target on Five Below in a research report on Tuesday, September 29th. Finally, UBS Group reissued a “buy” rating on shares of Five Below in a report on Friday, October 16th. Nineteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $300.45.

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.