Five Below Director Michael F. Devine III Sells $1.1 Million Worth of Shares
Michael F. Devine III, a director at Five Below (NASDAQ:FIVE), sold 4,250 shares on September 4, 2026, for approximately $1.1 million based on the weighted average sale price of $250.61 per share. The transaction was executed in multiple trades between $251.18 and $251.46. After this disposal, Devine holds 12,953 shares directly, representing a stake valued at around $3.2 million as of September 9, 2026 market close. Five Below reported trailing twelve-month revenue of $5.3 billion and net income of $619.2 million in the latest reporting period. The company operates with approximately 16,200 employees across its U.S.-based retail locations, offering affordable consumer goods under a specialty discount model. While insider transactions can reflect personal financial planning rather than market sentiment, investors are encouraged to focus on fundamentals when evaluating stock performance. Over the past five years through September 2026, Five Below shares have returned about 4.9% annually compared to 12.5% for the S&P 500 index. However, in the last year alone, FIVE outperformed with a total return of 59%, versus 16% for the broader market.
Tickers: $FIVE
Topics: Five Below SEC filing stock sale