Five9, Inc. $FIVN Shares Sold by State of Wyoming

State of Wyoming trimmed its position in shares of Five9, Inc. (NASDAQ:FIVN) by 25.8% during the third quarter, Holdings Channel.com reports. The fund owned 43,203 shares of the software maker’s stock after selling 14,996 shares during the quarter. State of Wyoming’s holdings in Five9 were worth $1,469,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Five9 in the third quarter valued at about $39,000. GAMMA Investing LLC lifted its position in shares of Five9 by 42.7% during the third quarter. GAMMA Investing LLC now owns 1,477 shares of the software maker’s stock valued at $50,000 after purchasing an additional 442 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Five9 by 378.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after purchasing an additional 1,367 shares during the last quarter. Nykredit A S purchased a new position in Five9 during the second quarter worth about $39,000. Finally, Global Retirement Partners LLC bought a new stake in Five9 in the 2nd quarter worth about $45,000. Institutional investors own 96.64% of the company’s stock.

Insider Transactions at Five9

In other Five9 news, CFO Bryan Lee sold 19,308 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $33.34, for a total transaction of $643,728.72. Following the completion of the transaction, the chief financial officer directly owned 290,643 shares of the company’s stock, valued at approximately $9,690,037.62. This represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 2,706 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.35, for a total value of $90,245.10. Following the transaction, the chief accounting officer directly owned 53,670 shares of the company’s stock, valued at approximately $1,789,894.50. This trade represents a 4.80% decrease in their ownership of the stock. 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 have sold a total of 83,831 shares of company stock worth $2,821,366 in the last ninety days. Company insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

FIVN has been the subject of several analyst reports. Zacks Research lowered shares of Five9 from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. UBS Group lifted their target price on shares of Five9 from $36.00 to $48.00 and gave the stock a “buy” rating in a research report on Friday, October 16th. Piper Sandler upped their target price on Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, August 7th. Cantor Fitzgerald upped their target price on Five9 from $34.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, September 21st. Finally, Wall Street Zen lowered Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Eleven investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Five9 has an average rating of “Moderate Buy” and a consensus target price of $35.80.

Five9 Stock Performance

Shares of FIVN stock opened at $36.34 on Friday. The firm has a market cap of $2.78 billion, a price-to-earnings ratio of 26.53 and a beta of 1.53. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. Five9, Inc. has a 52 week low of $13.29 and a 52 week high of $40.00. The firm’s 50-day simple moving average is $34.42 and its two-hundred day simple moving average is $24.10.

Five9 (NASDAQ:FIVN) last released its 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 net margin of 4.94% and a return on equity of 12.92%. The firm had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. During the same period in the prior year, the firm earned $0.76 EPS. The company’s revenue was up 10.3% compared to the same quarter last year. 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 analysts forecast that Five9, Inc. will post 1.55 earnings per share for the current year.

Five9 Profile

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.