Summit Partners Public Asset Management LLC Makes New $32.02 Million Investment in Five Below, Inc. $FIVE

Summit Partners Public Asset Management LLC acquired a new position in Five Below, Inc. (NASDAQ:FIVE) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 170,000 shares of the specialty retailer’s stock, valued at approximately $32,021,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its stake in shares of Five Below by 40,774,210.3% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock worth $10,445,139,000 after buying an additional 55,452,926 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Five Below by 1.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,376,471 shares of the specialty retailer’s stock worth $831,740,000 after acquiring an additional 69,101 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of Five Below by 21.6% in the 3rd quarter. American Century Companies Inc. now owns 1,873,116 shares of the specialty retailer’s stock worth $289,771,000 after acquiring an additional 332,615 shares during the last quarter. Marshall Wace LLP lifted its holdings in shares of Five Below by 54.6% in the 4th quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock worth $336,254,000 after acquiring an additional 630,710 shares during the last quarter. Finally, Federated Hermes Inc. lifted its holdings in shares of Five Below by 3.1% in the 4th quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock worth $284,121,000 after acquiring an additional 45,761 shares during the last quarter.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft raised their target price on shares of Five Below from $247.00 to $287.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Wolfe Research reiterated an “outperform” rating and set a $242.00 price objective on shares of Five Below in a research note on Thursday, June 4th. Telsey Advisory Group boosted their price objective on shares of Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Jefferies Financial Group reiterated a “hold” rating on shares of Five Below in a research note on Thursday, June 4th. Finally, UBS Group reiterated a “buy” rating and set a $285.00 price objective on shares of Five Below in a research note on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $254.40.

Insider Activity at Five Below

In other Five Below news, COO Kenneth R. Bull sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $234.14, for a total transaction of $2,341,400.00. Following the sale, the chief operating officer owned 92,531 shares of the company’s stock, valued at approximately $21,665,208.34. The trade was a 9.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald Sargent sold 10,000 shares of the business’s stock in a transaction that occurred 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 directly owned 83,674 shares in the company, valued at approximately $19,352,122.72. This represents a 10.68% decrease in their position. The SEC filing for this sale provides additional information. 0.96% of the stock is currently owned by insiders.

Five Below Trading Down 2.3%

NASDAQ:FIVE opened at $189.41 on Wednesday. The company has a market cap of $10.47 billion, a PE ratio of 23.92, a P/E/G ratio of 1.03 and a beta of 0.97. Five Below, Inc. has a twelve month low of $121.11 and a twelve month high of $251.63. The company’s 50 day moving average is $219.10 and its two-hundred day moving average is $207.57.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.45. The company had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.23 billion. Five Below had a net margin of 8.67% and a return on equity of 21.31%. Five Below’s revenue was up 32.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.86 EPS. 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. As a group, analysts expect that Five Below, Inc. will post 8.96 EPS for the current fiscal year.

Key Five Below News

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

• Positive Sentiment: Zacks Research raised its earnings estimates for Five Below across multiple future periods, including FY2028 and FY2029, signaling confidence in the company’s longer-term profit growth. Five Below analyst estimate updates
• Positive Sentiment: Five Below was added to Zacks’ Rank #1 (Strong Buy) growth stocks list, which may support sentiment around the retailer’s growth outlook. Best Growth Stocks to Buy for June 17th
• Positive Sentiment: At the annual meeting, shareholders backed board and governance reforms, and the company also added Shake Shack CEO Robert Lynch to its board, moves that could be viewed as supportive of oversight and strategic execution. Five Below board announcement
• Neutral Sentiment: Recent coverage highlighted Five Below’s appeal to Gen Alpha and Gen Z shoppers and its social-media-driven marketing approach, reinforcing the company’s growth story but not representing a direct catalyst. Why Five Below Is Winning With Gen Alpha and Gen Z Consumers?
• Neutral Sentiment: Lifestyle articles featuring Five Below products, such as a $7 tabletop mirror and a $10 mushroom cat bed, may help brand visibility but are unlikely to materially move the stock. Five Below shopping article

Five Below Company 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.