Five9 (NASDAQ:FIVN) Shares Down 5.1% – Here’s What Happened

Five9, Inc. (NASDAQ:FIVN) traded down 5.1% during mid-day trading on Wednesday . The stock traded as low as $31.11 and last traded at $30.9810. 498,123 shares changed hands during trading, a decline of 83% from the average daily volume of 2,898,708 shares. The stock had previously closed at $32.63.

Wall Street Analysts Forecast Growth

FIVN has been the topic of several recent analyst reports. Wall Street Zen cut Five9 from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 8th. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of Five9 in a research note on Friday, May 1st. Zacks Research cut Five9 from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Weiss Ratings raised Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Finally, Royal Bank Of Canada boosted their target price on shares of Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Five9 currently has an average rating of “Moderate Buy” and an average price target of $31.50.

Five9 Stock Up 8.3%

The firm has a 50 day moving average of $24.59 and a two-hundred day moving average of $20.33. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $2.59 billion, a PE ratio of 48.99 and a beta of 1.42.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. Five9 had a return on equity of 12.87% and a net margin of 4.94%.The business had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter last year, the business posted $0.76 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Equities research analysts anticipate that Five9, Inc. will post 1.39 earnings per share for the current year.

Insider Buying and Selling

In related news, EVP Panos Kozanian sold 5,869 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the transaction, the executive vice president directly owned 161,671 shares in the company, valued at $4,011,057.51. The trade was a 3.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 firm’s stock in a transaction on Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $36,641.75. Following the transaction, the chief financial officer directly owned 309,951 shares of the company’s stock, valued at $7,516,311.75. The trade was 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. Over the last ninety days, insiders have sold 56,003 shares of company stock valued at $1,386,457. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. S Squared Technology LLC purchased a new position in Five9 in the 2nd quarter valued at about $10,983,957,000. Globeflex Capital L P purchased a new position in Five9 during the second quarter worth approximately $199,000. EP Wealth Advisors LLC acquired a new position in shares of Five9 in the 2nd quarter valued at $248,000. C M Bidwell & Associates Ltd. acquired a new position in shares of Five9 in the 2nd quarter valued at $49,000. Finally, Allworth Financial LP purchased a new stake in Five9 during the second quarter valued at about $103,000. Institutional investors and hedge funds own 96.64% 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.