Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Five Below Inc shares valued at $548,934 were purchased by MICHAEL ROMANKO on Dec 06 ’24. At $115.03 per share, MICHAEL ROMANKO acquired 4,772 shares.
Also, Vellios Thomas sold 10,000 shares, netting a total of over 1,858,225 in proceeds. Following the sale of shares at $185.82 each, the insider now holds 333,697 shares.
As published in a research note from Telsey Advisory Group on December 05, 2024, Five Below Inc [FIVE] has been retained to a Market perform and the price target has been revised to $115. Analysts at Telsey Advisory Group downgraded the stock from ‘”an Outperform”‘ to ‘”a Market perform”‘ outlook in a report released in late November. As of November 07, 2024, Gordon Haskett has increased its “Hold” rating to a “Buy” for FIVE. Earlier on November 07, 2024, KeyBanc Capital Markets downgraded its rating. Their new recommendation was “a Sector weight” for FIVE stock which previously was a “an Overweight”.
Analyzing FIVE Stock Performance
During the last five days, there has been a drop of approximately -10.50%. Over the course of the year, Five Below Inc shares have dropped approximately -51.31%. Shares of the company reached a 52-week high of $216.18 on 01/02/24 and a 52-week low of $64.87 on 08/07/24. A 50-day SMA is recorded $93.29, while a 200-day SMA reached $115.49. Nevertheless, trading volume fell to 2.3 million shares from 1.27 million shares the previous day.
Support And Resistance Levels for Five Below Inc (FIVE)
According to the 24-hour chart, there is a support level at 101.61, which, if violated, would cause prices to drop to 99.42. In the upper region, resistance lies at 107.60. The next price resistance is at 111.40. RSI (Relative Strength Index) is 56.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.87, which suggests the price will increase in the coming days. Percent R is at 47.36%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
