Five9 (NASDAQ:FIVN) Sets New 52-Week High – Here’s What Happened

Five9, Inc. (NASDAQ:FIVN)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $35.31 and last traded at $34.7180, with a volume of 634445 shares trading hands. The stock had previously closed at $34.08.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on FIVN shares. FBN Securities assumed coverage on Five9 in a report on Wednesday. They issued an “outperform” rating and a $40.00 price target for the company. Wells Fargo & Company upped their price objective on Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 25th. Weiss Ratings raised Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Canaccord Genuity Group boosted their target price on shares of Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Finally, DA Davidson upped their price target on shares of Five9 from $22.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Five9 presently has a consensus rating of “Moderate Buy” and an average target price of $33.60.

Five9 Price Performance

The company has a 50 day moving average price of $30.31 and a 200 day moving average price of $23.09. The firm has a market cap of $2.49 billion, a PE ratio of 47.06 and a beta of 1.48. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94.

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. The firm had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.Five9’s quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the business posted $0.76 EPS. 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, sell-side analysts expect that Five9, Inc. will post 1.55 EPS for the current year.

Insider Buying and Selling at Five9

In other Five9 news, CFO Bryan M. Lee sold 1,310 shares of Five9 stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $32.60, for a total transaction of $42,706.00. Following the completion of the transaction, the chief financial officer owned 289,333 shares in the company, valued at approximately $9,432,255.80. The trade was a 0.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 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 1,253 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $31.53, for a total transaction of $39,507.09. Following the completion of the sale, the chief accounting officer directly owned 52,417 shares in the company, valued at $1,652,708.01. This trade represents a 2.33% decrease in their position. 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 valued at $2,576,856 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Five9

Institutional investors have recently made changes to their positions in the stock. Anson Funds Management LP raised its stake in Five9 by 35.6% in the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock valued at $31,655,000 after purchasing an additional 547,304 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Five9 by 18.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker’s stock worth $15,998,000 after purchasing an additional 165,623 shares during the last quarter. Gagnon Securities LLC grew its holdings in shares of Five9 by 109.0% during the fourth quarter. Gagnon Securities LLC now owns 625,726 shares of the software maker’s stock worth $12,546,000 after buying an additional 326,323 shares in the last quarter. S Squared Technology LLC purchased a new stake in shares of Five9 during the second quarter worth about $10,983,957. Finally, Deutsche Bank AG acquired a new position in shares of Five9 in the second quarter valued at approximately $10,432,000. 96.64% of the stock is owned by institutional investors and hedge funds.

About Five9

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.