Magnetar Financial LLC Invests $3.50 Million in Five Below, Inc. $FIVE

Magnetar Financial LLC bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 22,640 shares of the specialty retailer’s stock, valued at approximately $3,502,000.

Several other hedge funds have also recently added to or reduced their stakes in FIVE. Eastern Bank lifted its stake in Five Below by 705.0% in the third quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 141 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in shares of Five Below in the 2nd quarter valued at approximately $26,000. CI Investments Inc. increased its position in shares of Five Below by 44.3% in the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock valued at $37,000 after purchasing an additional 74 shares during the last quarter. Mather Group LLC. purchased a new stake in shares of Five Below in the 3rd quarter valued at approximately $40,000. Finally, Caitlin John LLC acquired a new stake in shares of Five Below in the 3rd quarter valued at $46,000.

Key Headlines Impacting Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Zacks and other analyst write-ups flag FIVE as well positioned for an earnings beat based on trend data and an earnings‑surprise history — this boosts short‑term buy-side interest into the report. Zacks: Five Below Earnings Expected to Grow
• Positive Sentiment: Telsey Advisory Group reaffirmed an “outperform” rating and a $240 price target, implying upside from current levels and supporting constructive sentiment among growth/retail investors. Benzinga: Telsey Reaffirms Outperform
• Positive Sentiment: Market commentary points to ETFs and strategies that favor discount retailers as consumers tighten budgets — a thematic tailwind for FIVE as shoppers hunt value. MarketBeat: 3 ETFs That Could Benefit
• Neutral Sentiment: Consumer coverage (product features and seasonal deal roundups) highlights specific in‑store/online items and promotions that can help traffic, but these are incremental signals rather than material catalysts. AOL: Collapsible Cat Tunnel MSN: Spring Deals for Retirees
• Negative Sentiment: Barclays raised its price target to $211 but kept an “equal weight” rating — the PT sits below the current market price and may temper momentum from bullish notes, adding pressure if the upcoming quarter disappoints. Benzinga: Barclays Raises PT to $211

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Five Below from $193.00 to $211.00 and gave the stock an “equal weight” rating in a research report on Tuesday. Sanford C. Bernstein restated a “market perform” rating and issued a $206.00 price target on shares of Five Below in a research note on Monday, February 9th. Morgan Stanley lifted their price target on Five Below from $190.00 to $220.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a research report on Friday, January 16th. Finally, JPMorgan Chase & Co. increased their price objective on Five Below from $246.00 to $259.00 and gave the company an “overweight” rating in a report on Monday, February 23rd. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, Five Below currently has an average rating of “Moderate Buy” and an average price target of $205.75.

Five Below Price Performance

NASDAQ FIVE opened at $218.54 on Thursday. The firm’s fifty day moving average price is $204.70 and its 200 day moving average price is $175.01. The company has a market capitalization of $12.05 billion, a price-to-earnings ratio of 39.24, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10. Five Below, Inc. has a 12 month low of $52.38 and a 12 month high of $229.33.

Insider Activity at Five Below

In other Five Below news, COO Kenneth R. Bull sold 1,925 shares of the company’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $202.29, for a total value of $389,408.25. Following the completion of the transaction, the chief operating officer owned 99,115 shares in the company, valued at $20,049,973.35. This represents a 1.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Eric M. Specter sold 8,500 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $201.15, for a total value of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares in the company, valued at approximately $9,197,382.60. The trade was a 15.68% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 25,225 shares of company stock valued at $4,901,695 in the last ninety days. 1.90% of the stock is currently owned by insiders.

About Five Below

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.