Quarry LP acquired a new position in Five9, Inc. (NASDAQ:FIVN – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 2,730 shares of the software maker’s stock, valued at approximately $74,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Sylebra Capital LLC boosted its holdings in shares of Five9 by 59.4% in the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker’s stock worth $152,228,000 after buying an additional 1,396,496 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in shares of Five9 by 14.8% in the first quarter. Ameriprise Financial Inc. now owns 2,749,505 shares of the software maker’s stock worth $74,649,000 after buying an additional 353,939 shares during the last quarter. Van Berkom & Associates Inc. lifted its holdings in Five9 by 14.2% during the first quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker’s stock valued at $58,122,000 after purchasing an additional 266,484 shares in the last quarter. Wellington Management Group LLP lifted its holdings in Five9 by 50.9% during the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker’s stock valued at $72,496,000 after purchasing an additional 601,348 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in Five9 by 24.6% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,564,920 shares of the software maker’s stock valued at $42,488,000 after purchasing an additional 308,508 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Insider Activity at Five9
In other news, EVP Panos Kozanian sold 7,043 shares of the business’s stock in a transaction on Wednesday, August 13th. The shares were sold at an average price of $25.81, for a total value of $181,779.83. Following the transaction, the executive vice president owned 116,175 shares of the company’s stock, valued at approximately $2,998,476.75. The trade was a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 8,443 shares of company stock valued at $218,600 over the last quarter. 1.60% of the stock is currently owned by insiders.
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, topping the consensus estimate of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million for the quarter, compared to the consensus estimate of $275.18 million. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The company’s quarterly revenue was up 12.4% compared to the same quarter last year. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, equities analysts anticipate that Five9, Inc. will post 0.28 EPS for the current fiscal year.
Analysts Set New Price Targets
Several equities analysts have weighed in on FIVN shares. KeyCorp started coverage on shares of Five9 in a report on Friday, June 6th. They set an “overweight” rating and a $35.00 price target on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a $40.00 price target on shares of Five9 in a report on Friday, August 1st. Rosenblatt Securities reaffirmed a “buy” rating and set a $36.00 price target on shares of Five9 in a report on Friday, August 1st. Piper Sandler lowered their price target on shares of Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a report on Monday, July 14th. Finally, Wall Street Zen raised shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $37.59.
Check Out Our Latest Stock Analysis on FIVN
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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