Five9 (NASDAQ:FIVN) Trading Up 7.3% – Here’s What Happened

Shares of Five9, Inc. (NASDAQ:FIVN) were up 7.3% on Thursday . The stock traded as high as $34.64 and last traded at $34.3350. 163,634 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 2,823,691 shares. The stock had previously closed at $32.00.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Needham & Company LLC restated a “buy” rating and set a $40.00 target price on shares of Five9 in a report on Friday, May 1st. Robert W. Baird upped their target price on shares of Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. DA Davidson increased their price target on shares of Five9 from $22.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, Royal Bank Of Canada increased their price target on shares of Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. Ten analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.79.

Five9 Price Performance

The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. The company has a market cap of $2.58 billion, a PE ratio of 48.67 and a beta of 1.42. The firm has a 50 day moving average of $26.58 and a two-hundred day moving average of $21.27.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings data 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 12.92% and a net margin of 4.94%.The company had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same quarter last year, the company earned $0.76 EPS. The firm’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. Research analysts predict that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insider Activity

In other news, EVP Panos Kozanian sold 5,869 shares of Five9 stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the transaction, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. The trade was a 3.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 16,620 shares of the company’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $412,342.20. Following the completion of the transaction, the chief financial officer owned 311,462 shares in the company, valued at approximately $7,727,372.22. The trade was a 5.07% 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 three months, insiders sold 56,003 shares of company stock valued at $1,386,457. 1.20% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Five9

Institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in Five9 by 8.2% in the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock worth $201,250,000 after acquiring an additional 759,237 shares during the last quarter. Van Berkom & Associates Inc. boosted its stake in Five9 by 28.0% during the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock valued at $72,107,000 after purchasing an additional 787,626 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Five9 by 10.3% in the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker’s stock worth $56,162,000 after purchasing an additional 217,227 shares in the last quarter. Anson Funds Management LP increased its holdings in shares of Five9 by 35.6% in the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after purchasing an additional 547,304 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of Five9 by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock worth $40,034,000 after purchasing an additional 37,261 shares during the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Five9 Company 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.