Atika Capital Management LLC Purchases Shares of 45,500 Five Below, Inc. $FIVE

Atika Capital Management LLC acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 45,500 shares of the specialty retailer’s stock, valued at approximately $7,039,000. Atika Capital Management LLC owned approximately 0.08% of Five Below at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. CI Investments Inc. grew its holdings 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 worth $37,000 after purchasing an additional 74 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Five Below by 9.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 830 shares of the specialty retailer’s stock valued at $128,000 after purchasing an additional 75 shares during the last quarter. Ballentine Partners LLC lifted its holdings in Five Below by 4.5% during the 3rd quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock valued at $287,000 after purchasing an additional 80 shares during the last quarter. Parallel Advisors LLC boosted its position in Five Below by 17.5% in the third quarter. Parallel Advisors LLC now owns 625 shares of the specialty retailer’s stock valued at $97,000 after buying an additional 93 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in Five Below by 22.6% during the third quarter. Clearstead Advisors LLC now owns 516 shares of the specialty retailer’s stock worth $80,000 after buying an additional 95 shares during the last quarter.

Insider Transactions at Five Below

In related news, Director Kathleen S. Barclay sold 2,200 shares of Five Below stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the completion of the sale, the director directly owned 9,214 shares in the company, valued at $1,677,224.42. This trade represents a 19.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Eric M. Specter sold 8,500 shares of the business’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 sale, the chief accounting officer directly owned 45,724 shares of the company’s stock, valued at $9,197,382.60. This represents a 15.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 25,225 shares of company stock valued at $4,901,695 in the last three months. Company insiders own 1.90% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of Five Below from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Five Below in a report on Thursday, January 22nd. Telsey Advisory Group restated an “outperform” rating and set a $240.00 price target on shares of Five Below in a research report on Tuesday. Mizuho raised their price target on Five Below from $165.00 to $185.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Finally, Morgan Stanley lifted their price objective on Five Below from $190.00 to $220.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. 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 company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.75.

Five Below Stock Performance

NASDAQ FIVE opened at $218.54 on Thursday. The stock has a market capitalization of $12.05 billion, a P/E ratio of 39.24, a price-to-earnings-growth ratio of 1.69 and a beta of 1.10. Five Below, Inc. has a 52 week low of $52.38 and a 52 week high of $229.33. The stock has a fifty day moving average of $204.70 and a 200-day moving average of $175.01.

Key Stories 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

Five Below 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.