Norges Bank Acquires New Position in Five Below, Inc. $FIVE

Norges Bank acquired a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 970,408 shares of the specialty retailer’s stock, valued at approximately $182,786,000.

Other hedge funds also recently made changes to their positions in the company. Advisory Services Network LLC bought a new position in shares of Five Below during the 3rd quarter valued at approximately $32,000. V Square Quantitative Management LLC bought a new position in shares of Five Below during the 4th quarter valued at approximately $35,000. CI Investments Inc. grew its stake in shares of Five Below by 44.3% during the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 74 shares during the period. Spire Wealth Management bought a new position in shares of Five Below during the 4th quarter valued at approximately $38,000. Finally, iSAM Funds UK Ltd bought a new position in shares of Five Below during the 3rd quarter valued at approximately $40,000.

Five Below Stock Performance

NASDAQ:FIVE opened at $222.89 on Thursday. The stock’s fifty day moving average is $225.65 and its 200 day moving average is $205.05. Five Below, Inc. has a fifty-two week low of $119.06 and a fifty-two week high of $251.63. The firm has a market capitalization of $12.32 billion, a PE ratio of 34.50, a PEG ratio of 1.63 and a beta of 0.97.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, beating the consensus estimate of $1.77 by $0.45. Five Below had a return on equity of 18.70% and a net margin of 7.53%.The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the prior year, the firm posted $0.86 EPS. Five Below’s quarterly revenue was up 32.5% compared to the same quarter last year. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. Equities analysts forecast that Five Below, Inc. will post 8.26 EPS for the current year.

Five Below News Summary

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

• Positive Sentiment: Q1 earnings came in well above expectations, with adjusted EPS of $2.22 versus estimates around $1.77, showing much stronger profitability than analysts expected. Five Below, Inc. Announces First Quarter Fiscal 2026 Financial Results
• Positive Sentiment: Revenue also beat forecasts, rising 32.5% year over year to $1.29 billion, driven by a 22.7% jump in comparable sales and 49 net new store openings. Five Below (FIVE) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Management raised full-year fiscal 2026 guidance, signaling confidence in continued demand and margin improvement. The new outlook is above Wall Street expectations for both EPS and sales. Five Below, Inc. Reports 32.5% Increase in Q1 Net Sales, Raises 2026 Sales and EPS Outlook
• Neutral Sentiment: Investors are also watching tariff and supply-chain risks highlighted in the guidance, since many products are imported and future costs could pressure margins.
• Negative Sentiment: Despite the strong report, the stock saw some post-earnings selling in extended trading, suggesting the market may be taking profits or focusing on forward-risk factors.

Insider Buying and Selling at Five Below

In related news, Director Ronald Sargent sold 10,000 shares of the stock in a transaction on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the sale, the director owned 83,674 shares in the company, valued at approximately $19,352,122.72. This represents a 10.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, COO Kenneth R. Bull sold 10,000 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $234.14, for a total value of $2,341,400.00. Following the completion of the sale, the chief operating officer owned 92,531 shares in the company, valued at approximately $21,665,208.34. The trade was a 9.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.96% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have weighed in on FIVE. Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. JPMorgan Chase & Co. upped their price target on Five Below from $296.00 to $306.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Telsey Advisory Group upped their price target on Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Guggenheim upped their price target on Five Below from $225.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Finally, Craig Hallum restated a “buy” rating and issued a $246.00 price target on shares of Five Below in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Five Below presently has a consensus rating of “Moderate Buy” and a consensus price target of $240.80.

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.