Five9 (NASDAQ:FIVN) Stock Jumps 5.9% – Here’s What Happened

Five9, Inc. (NASDAQ:FIVN) shares were up 5.9% on Tuesday. The stock traded as high as $35.99 and last traded at $35.2950. Approximately 281,556 shares were traded during trading, a decline of 90% from the average session volume of 2,685,677 shares. The stock had previously closed at $33.34.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on FIVN. Robert W. Baird raised their price target on Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Royal Bank Of Canada boosted their price target on Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a research report on Friday, August 7th. FBN Securities started coverage on Five9 in a research note on Wednesday, September 16th. They set an “outperform” rating and a $40.00 price objective for the company. Truist Financial increased their price objective on Five9 from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Finally, Needham & Company LLC reaffirmed a “buy” rating on shares of Five9 in a research report on Monday, September 21st. Eleven research 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.53.

Five9 Stock Performance

The stock’s 50-day moving average is $33.83 and its 200 day moving average is $26.20. The stock has a market cap of $2.70 billion, a price-to-earnings ratio of 24.33 and a beta of 1.53. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping 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 company 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 firm posted $0.76 EPS. The firm’s quarterly revenue 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 predict that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insider Activity at Five9

In related news, President Andy Dignan sold 6,986 shares of the business’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $35.00, for a total transaction of $244,510.00. Following the sale, the president owned 237,614 shares of the company’s stock, valued at approximately $8,316,490. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Bryan Lee sold 1,310 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $32.60, for a total transaction of $42,706.00. Following the transaction, the chief financial officer owned 289,333 shares in the company, valued at $9,432,255.80. The trade was a 0.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 sold a total of 83,831 shares of company stock worth $2,821,366 in the last ninety days. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Five9

A number of institutional investors have recently bought and sold shares of FIVN. Anson Funds Management LP boosted its position in shares of Five9 by 35.6% in the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after buying an additional 547,304 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Five9 by 18.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker’s stock valued at $15,998,000 after acquiring an additional 165,623 shares in the last quarter. S Squared Technology LLC purchased a new stake in shares of Five9 in the second quarter valued at $10,983,957. Deutsche Bank AG purchased a new stake in shares of Five9 in the second quarter valued at $10,432,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Five9 during the second quarter valued at $10,429,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Five9 Company Profile

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.