OP Asset Management Ltd Takes $4.06 Million Position in Five9, Inc. $FIVN

OP Asset Management Ltd acquired a new stake in Five9, Inc. (NASDAQ:FIVN) in the first quarter, Holdings Channel.com reports. The fund acquired 267,361 shares of the software maker’s stock, valued at approximately $4,056,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of FIVN. Intrinsic Edge Capital Management LLC acquired a new position in Five9 in the 3rd quarter valued at about $5,451,000. Massachusetts Financial Services Co. MA increased its holdings in shares of Five9 by 335.9% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 254,190 shares of the software maker’s stock worth $5,097,000 after buying an additional 195,876 shares during the last quarter. Dana Investment Advisors Inc. increased its holdings in shares of 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 buying an additional 95,032 shares during the last quarter. Anson Funds Management LP raised its position in shares of 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 buying an additional 761,486 shares during the period. Finally, Voss Capital LP raised its position in shares of Five9 by 40.0% during the 3rd quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock valued at $110,110,000 after buying an additional 1,300,000 shares during the period. 96.64% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Cantor Fitzgerald increased their price objective on 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 restated a “buy” rating and issued a $40.00 target price on shares of Five9 in a research report on Friday, May 1st. Barclays upped their price target on Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. UBS Group increased their price target on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Finally, Piper Sandler reissued a “neutral” rating and set a $24.00 price objective (up from $21.00) on shares of Five9 in a research report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.93.

Insider Activity

In other Five9 news, EVP Panos Kozanian sold 5,869 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. This trade represents a 3.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of the business’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $24.25, for a total transaction of $36,641.75. Following the completion of the transaction, the chief financial officer owned 309,951 shares of the company’s stock, valued at approximately $7,516,311.75. This trade represents a 0.49% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 85,820 shares of company stock worth $2,014,057 over the last 90 days. Company insiders own 1.20% of the company’s stock.

Five9 Stock Performance

NASDAQ FIVN opened at $21.32 on Friday. The company has a market cap of $1.63 billion, a P/E ratio of 32.30, a P/E/G ratio of 0.86 and a beta of 1.45. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51. The stock has a 50-day moving average of $20.63 and a two-hundred day moving average of $18.73. Five9, Inc. has a 1-year low of $13.29 and a 1-year high of $29.71.

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

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.