Magnetar Financial LLC Acquires 55,844 Shares of Five9, Inc. $FIVN

Magnetar Financial LLC increased its holdings in shares of Five9, Inc. (NASDAQ:FIVN) by 437.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 68,618 shares of the software maker’s stock after acquiring an additional 55,844 shares during the period. Magnetar Financial LLC owned about 0.09% of Five9 worth $1,661,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the business. Voss Capital LP lifted its position in shares of Five9 by 211.4% during the second quarter. Voss Capital LP now owns 3,250,000 shares of the software maker’s stock worth $86,060,000 after purchasing an additional 2,206,173 shares during the last quarter. Geode Capital Management LLC increased its stake in Five9 by 36.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,863,081 shares of the software maker’s stock worth $49,341,000 after buying an additional 497,344 shares during the period. Norges Bank purchased a new position in Five9 in the 2nd quarter worth about $39,056,000. Artisan Partners Limited Partnership lifted its holdings in Five9 by 14.3% during the 3rd quarter. Artisan Partners Limited Partnership now owns 1,104,582 shares of the software maker’s stock valued at $26,731,000 after buying an additional 138,495 shares in the last quarter. Finally, Atreides Management LP lifted its holdings in Five9 by 54.9% during the 2nd quarter. Atreides Management LP now owns 955,613 shares of the software maker’s stock valued at $25,305,000 after buying an additional 338,817 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on FIVN shares. Mizuho dropped their target price on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating on the stock in a research note on Friday, February 20th. Piper Sandler downgraded shares of Five9 from an “overweight” rating to a “neutral” rating and decreased their price target for the company from $26.00 to $21.00 in a research note on Monday, January 5th. UBS Group lowered their price target on Five9 from $30.00 to $22.00 and set a “buy” rating for the company in a report on Friday, February 20th. DA Davidson set a $24.00 price objective on Five9 in a research note on Thursday, December 18th. Finally, Rosenblatt Securities restated a “buy” rating and set a $26.00 price objective on shares of Five9 in a report on Friday, February 20th. Twelve investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.12.

Five9 Stock Performance

Shares of Five9 stock opened at $16.25 on Friday. The company has a market capitalization of $1.24 billion, a PE ratio of 35.33, a P/E/G ratio of 0.81 and a beta of 1.30. The company has a 50-day simple moving average of $17.90 and a two-hundred day simple moving average of $20.96. Five9, Inc. has a one year low of $15.70 and a one year high of $31.78. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.51 and a current ratio of 4.51.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Thursday, February 19th. The software maker reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Five9 had a net margin of 3.43% and a return on equity of 10.95%. The business had revenue of $300.28 million for the quarter, compared to analysts’ expectations of $298.21 million. During the same period last year, the business earned $0.79 EPS. The company’s revenue was up 7.8% compared to the same quarter last year. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. Research analysts expect that Five9, Inc. will post 0.28 EPS for the current fiscal year.

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.