Voss Capital LP increased its position in Five9, Inc. (NASDAQ:FIVN – Free Report) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,550,000 shares of the software maker’s stock after buying an additional 1,300,000 shares during the period. Five9 comprises 5.3% of Voss Capital LP’s portfolio, making the stock its 6th largest holding. Voss Capital LP owned approximately 0.06% of Five9 worth $110,110,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of FIVN. Rock Creek Group LP acquired a new position in Five9 in the 2nd quarter valued at $1,986,000. Campbell & CO Investment Adviser LLC lifted its stake in shares of Five9 by 115.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 122,688 shares of the software maker’s stock worth $2,969,000 after purchasing an additional 65,752 shares during the period. Y Intercept Hong Kong Ltd acquired a new stake in shares of Five9 during the third quarter worth $2,080,000. Geode Capital Management LLC boosted its holdings in shares of Five9 by 36.4% during the second quarter. Geode Capital Management LLC now owns 1,863,081 shares of the software maker’s stock worth $49,341,000 after purchasing an additional 497,344 shares during the last quarter. Finally, Intrinsic Edge Capital Management LLC purchased a new stake in shares of Five9 in the third quarter valued at $5,451,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Five9 Price Performance
FIVN stock opened at $15.98 on Wednesday. The company has a market cap of $1.22 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 0.76 and a beta of 1.30. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.94. The stock has a 50-day moving average price of $17.70 and a two-hundred day moving average price of $20.65. Five9, Inc. has a 12-month low of $15.56 and a 12-month high of $31.78.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on FIVN shares. Wall Street Zen upgraded Five9 from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Needham & Company LLC restated a “buy” rating and issued a $40.00 price target on shares of Five9 in a report on Thursday, December 18th. UBS Group dropped their price objective on shares of Five9 from $30.00 to $22.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Mizuho cut their price objective on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Finally, Barclays decreased their target price on shares of Five9 from $29.00 to $25.00 and set an “overweight” rating on the stock in a research report on Monday, January 12th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $27.12.
View Our Latest Stock Report on Five9
Five9 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.
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