Five9 (NASDAQ:FIVN) Stock Price Down 5.7% – What’s Next?

Five9, Inc. (NASDAQ:FIVN) traded down 5.7% on Friday . The company traded as low as $32.58 and last traded at $32.5270. 1,410,175 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 2,741,170 shares. The stock had previously closed at $34.50.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 25th. Weiss Ratings upgraded shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. UBS Group reiterated a “positive” rating on shares of Five9 in a research note on Monday, August 31st. Piper Sandler lifted their price objective on shares of Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Finally, FBN Securities started coverage on shares of Five9 in a report on Wednesday. They issued an “outperform” rating and a $40.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $33.60.

Five9 Trading Down 5.7%

The business’s 50-day moving average is $30.17 and its two-hundred day moving average is $23.02. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The stock has a market capitalization of $2.49 billion, a PE ratio of 47.16 and a beta of 1.48.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The company had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. During the same quarter in the prior year, the firm earned $0.76 EPS. Five9’s quarterly revenue 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. As a group, equities research analysts anticipate that Five9, Inc. will post 1.55 earnings per share for the current year.

Insider Activity

In other Five9 news, CFO Bryan Lee sold 1,310 shares of Five9 stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $32.60, for a total value of $42,706.00. Following the sale, the chief financial officer owned 289,333 shares of the company’s stock, valued at approximately $9,432,255.80. The trade was a 0.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 1,253 shares of the business’s stock in a transaction that occurred on Tuesday, September 8th. The stock was sold at an average price of $31.53, for a total value of $39,507.09. Following the transaction, the chief accounting officer owned 52,417 shares in the company, valued at $1,652,708.01. The trade was a 2.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 76,845 shares of company stock worth $2,576,856 in the last three months. 1.20% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Five9

Institutional investors have recently made changes to their positions in the stock. Anson Funds Management LP raised its position in shares of Five9 by 35.6% in the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock valued at $31,655,000 after buying an additional 547,304 shares during the last quarter. S Squared Technology LLC acquired a new stake in Five9 during the second quarter worth approximately $10,983,957. Deutsche Bank AG purchased a new stake in Five9 in the 2nd quarter worth approximately $10,432,000. Bank of New York Mellon Corp purchased a new stake in Five9 in the 2nd quarter worth approximately $10,429,000. Finally, Gagnon Securities LLC raised its holdings in Five9 by 109.0% in the 4th quarter. Gagnon Securities LLC now owns 625,726 shares of the software maker’s stock valued at $12,546,000 after acquiring an additional 326,323 shares during the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Five9 Company Profile

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.