Five9 (NASDAQ:FIVN) Stock Price Down 5.1% – Here’s Why

Five9, Inc. (NASDAQ:FIVN)’s share price traded down 5.1% on Wednesday . The company traded as low as $31.11 and last traded at $30.9810. 498,123 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 2,898,708 shares. The stock had previously closed at $32.63.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on FIVN shares. Wall Street Zen lowered shares of Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday. Royal Bank Of Canada boosted their price target on shares of Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Zacks Research downgraded shares of Five9 from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Robert W. Baird increased their price objective on shares of Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a report on Monday. Finally, Cantor Fitzgerald boosted their target price on Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, Five9 presently has an average rating of “Moderate Buy” and an average price target of $31.50.

Five9 Stock Performance

The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51. The firm’s 50-day moving average price is $24.26 and its two-hundred day moving average price is $20.13. The stock has a market cap of $2.40 billion, a price-to-earnings ratio of 45.49 and a beta of 1.42.

Five9 (NASDAQ:FIVN) last issued its earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.87%. Five9’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.76 earnings per share. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. On average, analysts expect that Five9, Inc. will post 1.39 EPS for the current fiscal year.

Insider Transactions at Five9

In other Five9 news, President Andy Dignan sold 8,203 shares of Five9 stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.76, for a total value of $203,106.28. Following the sale, the president owned 278,760 shares in the company, valued at $6,902,097.60. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Tiffany N. Meriweather sold 21,320 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $20.98, for a total value of $447,293.60. Following the completion of the transaction, the insider directly owned 281,298 shares in the company, valued at approximately $5,901,632.04. This trade represents a 7.05% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 77,323 shares of company stock valued at $1,833,751 in the last ninety days. 1.20% of the stock is currently owned by corporate insiders.

Institutional Trading of Five9

Several institutional investors and hedge funds have recently bought and sold shares of FIVN. EverSource Wealth Advisors LLC increased its position in shares of Five9 by 378.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after acquiring an additional 1,367 shares during the last quarter. Quarry LP purchased a new position in shares of Five9 during the 3rd quarter worth approximately $33,000. Optiver Holding B.V. boosted its position in shares of Five9 by 575.9% during the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after purchasing an additional 1,981 shares during the period. Rothschild Investment LLC increased its holdings in Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after purchasing an additional 1,786 shares during the last quarter. Finally, NewEdge Advisors LLC acquired a new stake in Five9 in the 1st quarter valued at approximately $38,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

About Five9

Five9, Inc (NASDAQ: FIVN) is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.

Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.