Militia Capital Management LLC Makes New $2.12 Million Investment in Five9, Inc. $FIVN

Militia Capital Management LLC acquired a new stake in shares of Five9, Inc. (NASDAQ:FIVN) during the 1st quarter, HoldingsChannel reports. The fund acquired 139,929 shares of the software maker’s stock, valued at approximately $2,123,000.

A number of other institutional investors and hedge funds have also modified their holdings of FIVN. Quarry LP purchased a new position in Five9 in the 3rd quarter valued at about $33,000. Advisory Services Network LLC acquired a new position in shares of Five9 during the third quarter valued at approximately $38,000. EverSource Wealth Advisors LLC lifted its position in shares of Five9 by 378.7% in 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 in the last quarter. Rothschild Investment LLC boosted its stake in shares of Five9 by 3,572.0% in the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after acquiring an additional 1,786 shares during the last quarter. Finally, Optiver Holding B.V. increased its position in shares of Five9 by 575.9% during the first 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 in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Insider Buying and Selling at Five9

In other Five9 news, CAO Leena Mansharamani sold 2,556 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $63,414.36. Following the completion of the sale, the chief accounting officer owned 57,698 shares of the company’s stock, valued at $1,431,487.38. This trade represents a 4.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of Five9 stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the sale, the executive vice president owned 161,671 shares in the company, valued at $4,011,057.51. This represents a 3.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders have sold 85,820 shares of company stock worth $2,014,057. Insiders own 1.20% of the company’s stock.

Five9 Stock Performance

Shares of FIVN stock opened at $27.51 on Monday. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. Five9, Inc. has a twelve month low of $13.29 and a twelve month high of $28.86. The company’s 50-day moving average price is $23.23 and its 200-day moving average price is $19.49. The stock has a market cap of $2.11 billion, a price-to-earnings ratio of 41.68 and a beta of 1.41.

Five9 (NASDAQ:FIVN) last issued its earnings results on Thursday, April 30th. The software maker reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. The company had revenue of $305.32 million for the quarter, compared to the consensus estimate of $299.92 million. Five9 had a net margin of 4.87% and a return on equity of 12.66%. Five9’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.62 earnings per share. As a group, equities analysts predict that Five9, Inc. will post 1.39 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on FIVN shares. Rosenblatt Securities restated a “buy” rating and issued a $29.00 price objective on shares of Five9 in a report on Wednesday, June 24th. Weiss Ratings raised shares of Five9 from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, May 19th. Cantor Fitzgerald boosted their price target on shares of Five9 from $22.00 to $24.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a research note on Friday, May 1st. Finally, Piper Sandler reissued a “neutral” rating and issued a $24.00 target price (up from $21.00) on shares of Five9 in a research note on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Five9 has an average rating of “Moderate Buy” and an average price target of $25.93.

Five9 Profile

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.