In a filing, Five Below Inc revealed its Officer MICHAEL ROMANKO acquired Company’s shares for reported $0.55 million on Dec 06 ’24. In the deal valued at $115.03 per share,4,772 shares were bought.
Then, Vellios Thomas sold 10,000 shares, generating $1,858,225 in total proceeds. Upon selling the shares at $185.82, the Director now owns 333,697 shares.
Telsey Advisory Group reiterated its Five Below Inc [FIVE] rating to a Market perform in a research note published on December 05, 2024; the price target was $115. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who decreased its forecast for the stock in late November from “an Outperform” to “a Market perform”. Gordon Haskett also remained covering FIVE and has increased its forecast on November 07, 2024 with a “Buy” recommendation from previously “Hold” rating. KeyBanc Capital Markets revised its rating on November 07, 2024. It rated FIVE as “a Sector weight” which previously was an “an Overweight”.
Price Performance Review of FIVE
On Tuesday, Five Below Inc [NASDAQ:FIVE] saw its stock jump 0.53% to $102.21. Over the last five days, the stock has lost -1.73%. Five Below Inc shares have fallen nearly -2.62% since the year began. Nevertheless, the stocks have fallen -49.11% over the past one year. While a 52-week high of $212.01 was reached on 01/02/25, a 52-week low of $64.87 was recorded on 01/03/25. SMA at 50 days reached $97.43, while 200 days put it at $107.63.
Levels Of Support And Resistance For FIVE Stock
The 24-hour chart illustrates a support level at 100.88, which if violated will result in even more drops to 99.56. On the upside, there is a resistance level at 104.75. A further resistance level may holdings at 107.30. The Relative Strength Index (RSI) on the 14-day chart is 49.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.39%. Stochastics %K at 22.70% indicates the stock is a holding.
How much short interest is there in Five Below Inc?
A steep rise in short interest was recorded in Five Below Inc stocks on 2024-11-15, dropping by -0.42 million shares to a total of 4.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 4.54 million shares. There was a decline of -10.05%, which implies that there is a negative sentiment for the stock.
