Five9, Inc. (NASDAQ:FIVN – Get Free Report) shares were up 8.1% on Friday . The company traded as high as $21.08 and last traded at $21.0860. Approximately 899,258 shares were traded during mid-day trading, a decline of 68% from the average session volume of 2,826,909 shares. The stock had previously closed at $19.51.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on FIVN. Rosenblatt Securities restated a “buy” rating and set a $29.00 target price on shares of Five9 in a research note on Wednesday. UBS Group upped their price objective on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “hold” rating on shares of Five9 in a research report on Friday, May 1st. Zacks Research cut Five9 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Finally, Barclays upped their price target on Five9 from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $25.93.
Get Our Latest Research Report on FIVN
Five9 Trading Up 8.2%
Five9 (NASDAQ:FIVN – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The software maker reported $0.76 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The company had revenue of $305.32 million during the quarter, compared to analyst estimates of $299.92 million. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The firm’s revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.62 earnings per share. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Sell-side analysts forecast that Five9, Inc. will post 1.39 earnings per share for the current fiscal year.
Insider Buying and Selling at Five9
In other Five9 news, insider Tiffany N. Meriweather sold 21,320 shares of Five9 stock in a transaction on Thursday, May 14th. The shares were sold at an average price of $20.98, for a total value of $447,293.60. Following the completion of the transaction, the insider directly owned 281,298 shares of the company’s stock, valued at $5,901,632.04. This trade represents a 7.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CFO Bryan M. Lee sold 16,620 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $412,342.20. Following the sale, the chief financial officer owned 311,462 shares in the company, valued at $7,727,372.22. This represents a 5.07% 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 85,820 shares of company stock valued at $2,014,057 over the last ninety days. Corporate insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Five9
Several large investors have recently modified their holdings of the stock. Intrinsic Edge Capital Management LLC purchased a new position in Five9 during the 3rd quarter worth $5,451,000. Massachusetts Financial Services Co. MA lifted its stake in Five9 by 335.9% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 254,190 shares of the software maker’s stock worth $5,097,000 after acquiring an additional 195,876 shares during the period. Dana Investment Advisors Inc. grew its holdings in 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 acquiring an additional 95,032 shares in the last quarter. Anson Funds Management LP increased its position in Five9 by 98.5% during the 3rd quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock valued at $37,129,000 after purchasing an additional 761,486 shares during the period. Finally, Voss Capital LP raised its holdings in shares of Five9 by 40.0% in the 3rd quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock valued at $110,110,000 after purchasing an additional 1,300,000 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.
Five9 Company 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.
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