Five9 (NASDAQ:FIVN) Shares Up 6% – Here’s Why

Five9, Inc. (NASDAQ:FIVN)’s share price rose 6% during trading on Tuesday . The company traded as high as $33.25 and last traded at $33.6690. 801,542 shares were traded during trading, a decline of 71% from the average daily volume of 2,735,110 shares. The stock had previously closed at $31.75.

Analyst Upgrades and Downgrades

FIVN has been the topic of several analyst reports. DA Davidson increased their target price on Five9 from $22.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Rosenblatt Securities upped their price target on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Wall Street Zen downgraded shares of Five9 from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Barclays boosted their price objective on shares of Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Finally, Weiss Ratings raised shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $33.14.

Five9 Stock Performance

The company has a market cap of $2.57 billion, a price-to-earnings ratio of 48.65 and a beta of 1.48. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15. The stock has a 50-day moving average price of $29.62 and a 200 day moving average price of $22.69.

Five9 (NASDAQ:FIVN) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The business had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the previous year, the business posted $0.76 EPS. Five9’s revenue for the quarter was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, analysts anticipate that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Insider Activity at Five9

In related news, CFO Bryan M. Lee sold 19,308 shares of the firm’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.34, for a total transaction of $643,728.72. Following the sale, the chief financial officer directly owned 290,643 shares in the company, valued at $9,690,037.62. This trade represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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, CAO Leena Mansharamani sold 2,706 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.35, for a total transaction of $90,245.10. Following the completion of the sale, the chief accounting officer directly owned 53,670 shares in the company, valued at $1,789,894.50. This represents a 4.80% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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. Insiders have sold 76,845 shares of company stock worth $2,576,856 over the last ninety days. 1.20% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Five9

Large investors have recently added to or reduced their stakes in the company. Dana Investment Advisors Inc. increased its position in shares of Five9 by 74.5% during the 4th quarter. Dana Investment Advisors Inc. now owns 222,515 shares of the software maker’s stock worth $4,461,000 after purchasing an additional 95,032 shares during the last quarter. Glenmede Trust Co. NA boosted its holdings in shares of Five9 by 35.7% in the 1st quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock valued at $8,763,000 after buying an additional 151,974 shares during the last quarter. OneDigital Investment Advisors LLC acquired a new stake in shares of Five9 in the 2nd quarter valued at approximately $1,034,000. Nierenberg Investment Management Company LLC bought a new position in shares of Five9 in the second quarter valued at $2,895,469. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Five9 in the first quarter valued at $782,000. Institutional investors own 96.64% of the company’s stock.

Five9 Company Profile

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.