Stephens Investment Management Group LLC Reduces Stock Position in Five Below, Inc. $FIVE

Posted by Geri Gentry on May 17th, 2026

Stephens Investment Management Group LLC reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 5.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 624,864 shares of the specialty retailer’s stock after selling 32,982 shares during the quarter. Five Below makes up 1.5% of Stephens Investment Management Group LLC’s holdings, making the stock its 3rd largest position. Stephens Investment Management Group LLC’s holdings in Five Below were worth $117,699,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Jennison Associates LLC lifted its stake in shares of Five Below by 397.5% during the 3rd quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock worth $126,777,000 after purchasing an additional 654,763 shares during the last quarter. SPX Gestao de Recursos Ltda purchased a new stake in shares of Five Below during the 3rd quarter worth $866,000. Estate Counselors LLC purchased a new stake in shares of Five Below during the 3rd quarter worth $3,755,000. Pembroke Management LTD purchased a new stake in shares of Five Below during the 3rd quarter worth $7,426,000. Finally, AGF Management Ltd. purchased a new stake in shares of Five Below during the 3rd quarter worth $7,304,000.

Insider Activity

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on FIVE. Weiss Ratings restated a “hold (c)” rating on shares of Five Below in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft upped their price objective on Five Below from $247.00 to $287.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Guggenheim upped their price objective on Five Below from $225.00 to $260.00 and gave the stock a “buy” rating in a research note on Friday, March 20th. Telsey Advisory Group upped their price objective on Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Finally, William Blair upgraded Five Below from a “market perform” rating to an “outperform” rating in a research note on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $240.10.

Check Out Our Latest Stock Analysis on FIVE

Five Below Stock Down 0.6%

FIVE opened at $213.64 on Friday. Five Below, Inc. has a 52-week low of $103.95 and a 52-week high of $251.63. The company has a market cap of $11.81 billion, a P/E ratio of 33.07, a price-to-earnings-growth ratio of 1.60 and a beta of 1.00. The firm’s 50-day moving average price is $225.34 and its 200-day moving average price is $198.73.

Five Below (NASDAQ:FIVE – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The specialty retailer reported $4.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.00 by $0.31. Five Below had a net margin of 7.53% and a return on equity of 18.70%. The firm had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter in the prior year, the company posted $3.48 earnings per share. The company’s revenue for the quarter was up 24.3% compared to the same quarter last year. On average, research analysts anticipate that Five Below, Inc. will post 8.14 EPS for the current fiscal year.

Key Stories Impacting Five Below

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

Positive Sentiment: Wall Street Zen upgraded Five Below to Buy, which can support sentiment by signaling improving analyst confidence in the company’s outlook. Five Below (NASDAQ:FIVE) Upgraded by Wall Street Zen to Buy Rating
Positive Sentiment: Zacks added FIVE to its Rank #1 “Strong Buy” growth stocks list, highlighting Five Below as a name still viewed favorably in growth screens. Best Growth Stocks to Buy for May 15th
Positive Sentiment: Five Below is continuing to generate viral marketing buzz with its “Golden Ticket” dumpling promotion and other low-price novelty items, which may help drive store traffic and brand engagement. Five Below launches golden ticket dumpling series with $1,000 shopping spree chance
Positive Sentiment: Coverage of a new Bangor store opening underscores continued store expansion, which supports the company’s long-term growth strategy. Five Below opening new Bangor store Sunday
Neutral Sentiment: Articles comparing Five Below with Dollar Tree and highlighting cheap, trendy items are broadly supportive of the value proposition, but they do not materially change the investment outlook on their own. I compared Five Below and Dollar Tree — 5 budget buys that surprised me
Neutral Sentiment: Lifestyle coverage of inexpensive products like a $7 cherry lamp and a spiky Nerf-style dog toy adds visibility to Five Below’s assortment, but the direct stock impact is limited. Five Below’s $7 cherry lamp offers a stylish alternative to Urban Outfitters’ $99 version Five Below Launches Affordable Spiky Nerf Ball Toy Perfect for Energetic Dogs
Negative Sentiment: Commentary about governance pressure, gas price risks, and whether the stock is already too expensive after a major rally suggests some investors are becoming more cautious on valuation and margins. How Governance Pressure And Gas Price Risks At Five Below (FIVE) Have Changed Its Investment Story Is It Too Late To Consider Buying Five Below (FIVE) After A 100% One-Year Rally?

Five Below Company Profile

(Free Report)

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.