Van Berkom & Associates Inc. Reduces Holdings in Five9, Inc. $FIVN

Van Berkom & Associates Inc. decreased its stake in shares of Five9, Inc. (NASDAQ:FIVN) by 7.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,333,136 shares of the software maker’s stock after selling 263,244 shares during the period. Van Berkom & Associates Inc.’s holdings in Five9 were worth $50,564,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of FIVN. Quarry LP bought a new position in Five9 in the third quarter worth about $33,000. Rothschild Investment LLC boosted its position in Five9 by 3,572.0% during the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after acquiring an additional 1,786 shares in the last quarter. Advisory Services Network LLC purchased a new position in shares of Five9 during the 3rd quarter worth approximately $38,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Five9 by 2,327.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,622 shares of the software maker’s stock worth $53,000 after acquiring an additional 2,514 shares during the period. Finally, New York State Teachers Retirement System bought a new position in shares of Five9 in the 1st quarter worth approximately $109,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on FIVN. Barclays raised their target price 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 upped their price target on Five9 from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Weiss Ratings upgraded Five9 from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 19th. 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. Finally, Jefferies Financial Group restated a “hold” rating on shares of Five9 in a report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $25.93.

Five9 Price Performance

FIVN stock opened at $25.58 on Monday. The firm has a 50 day moving average price of $22.48 and a 200-day moving average price of $19.09. Five9, Inc. has a 52-week low of $13.29 and a 52-week high of $29.64. The firm has a market capitalization of $1.96 billion, a price-to-earnings ratio of 38.76, a PEG ratio of 1.13 and a beta of 1.46. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.07. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The company had revenue of $305.32 million for the quarter, compared to the consensus estimate of $299.92 million. During the same quarter in the prior year, the business posted $0.62 EPS. The firm’s quarterly revenue was up 9.2% compared to the same quarter last year. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Equities research analysts forecast that Five9, Inc. will post 1.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, President Andy Dignan sold 3,073 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $74,520.25. Following the sale, the president directly owned 275,687 shares of the company’s stock, valued at approximately $6,685,409.75. This represents a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, CAO Leena Mansharamani sold 2,556 shares of the firm’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $63,414.36. Following the transaction, the chief accounting officer owned 57,698 shares of the company’s stock, valued at $1,431,487.38. The trade was a 4.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 85,820 shares of company stock valued at $2,014,057. Company insiders own 1.20% of the company’s stock.

About Five9

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.