Insider Trading March 30, 2026

Five Below Director Executes $696,120 Stock Sale as Shares Trade Near Yearly High

Director Richard L. Markee sells 3,000 shares while analysts lift price targets amid strong momentum

By Jordan Park FIVE
Five Below Director Executes $696,120 Stock Sale as Shares Trade Near Yearly High
FIVE

Richard L. Markee, a director at Five Below, sold 3,000 shares on March 26, 2026, for $232.04 per share, a transaction totaling $696,120. The sale coincides with the specialty retailer's stock trading near its 52-week high and substantial gains over the past year, while several investment banks have raised their price targets following favorable quarterly results and guidance.

Key Points

  • Director Richard L. Markee sold 3,000 shares on March 26, 2026, at $232.04 per share, totaling $696,120.
  • Five Below's stock has risen about 200% over the last year and is trading near a 52-week high of $237.50, with a 42% return in the past six months - factors of interest to retail and broader equity markets.
  • Multiple analysts raised price targets after stronger-than-expected fourth-quarter results and positive fiscal 2026 guidance, reflecting heightened institutional optimism in the consumer discretionary sector.

Richard L. Markee, a member of the board of directors at Five Below, Inc (NASDAQ:FIVE), disposed of 3,000 shares of the company's common stock on March 26, 2026. The shares were sold at $232.04 apiece, producing a total transaction value of $696,120, according to a Form 4 filing submitted to the Securities and Exchange Commission.

Following the disposition, Markee retains direct ownership of 13,233 shares of Five Below. The transaction was recorded in the SEC filing and made public by the company filing requirements.

The sale occurred as Five Below's share price sits close to its 52-week high of $237.50. The stock has recorded a remarkable 200% advance over the past 12 months and a 42% return over the last six months, figures highlighted in InvestingPro's market commentary. Despite that momentum, InvestingPro's analysis indicates the stock currently appears overvalued relative to its Fair Value.

Investors seeking additional analytical material can access InvestingPro's Pro Research Report, which covers FIVE alongside more than 1,400 other U.S. equities. InvestingPro Tips also point to the company's strong price performance in recent periods.


Analyst sentiment has been buoyant in response to Five Below's recent financial disclosures. Multiple firms adjusted their price targets upward after the company reported fourth-quarter results that exceeded expectations and issued positive guidance for fiscal 2026.

  • Barclays raised its price target to $240, noting the company's momentum and strategic changes implemented across its stores.
  • Mizuho set a target of $240, calling out robust first-quarter guidance and full-year earnings expectations.
  • BNP Paribas Exane increased its target to $262 and flagged significant revenue growth relative to guidance.
  • Craig-Hallum moved its target to $255, citing strong same-store sales and an earnings per share beat.
  • Truist Securities established a new target of $261, pointing to upbeat fourth-quarter results and conservative first-quarter sales guidance.

These revisions reflect a cluster of positive analyst responses to recent operational and financial data, and they underscore the favorable market sentiment surrounding Five Below's near-term outlook.


This report includes transaction details from the Form 4 filing and synthesizes market commentary and analyst target changes that have been publicly released. The company’s recent performance and analyst reactions form the basis for the observed market momentum; however, InvestingPro’s valuation assessment highlights that the current market price may exceed its calculated Fair Value.

Risks

  • InvestingPro analysis indicates the stock appears overvalued relative to its Fair Value, presenting a valuation risk for equity investors and market participants.
  • An insider sale disclosed via a Form 4 could prompt investor scrutiny despite the director retaining 13,233 shares, potentially affecting short-term market sentiment in the retail equity.
  • Strong recent momentum and analyst optimism may have pushed the share price toward a peak - volatility in consumer discretionary spending or guidance could impact market performance.

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