Five9, Inc. (NASDAQ:FIVN – Get Free Report)’s share price was up 7.3% during trading on Thursday . The stock traded as high as $34.64 and last traded at $34.3350. 163,634 shares changed hands during trading, a decline of 94% from the average session volume of 2,823,691 shares. The stock had previously closed at $32.00.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on FIVN shares. Zacks Research lowered Five9 from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 30th. Jefferies Financial Group reaffirmed a “hold” rating on shares of Five9 in a report on Friday, May 1st. Piper Sandler lifted their price target on shares of Five9 from $24.00 to $30.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Truist Financial boosted their price objective on shares of Five9 from $23.00 to $35.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, Canaccord Genuity Group increased their price objective on shares of Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $32.79.
Get Our Latest Report on Five9
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. The firm had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.76 EPS. 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.
Insiders Place Their Bets
In other news, EVP Panos Kozanian sold 5,869 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the sale, 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 sale was disclosed in a legal filing with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Tiffany N. Meriweather sold 9,526 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $236,340.06. Following the completion of the sale, the insider owned 271,772 shares of the company’s stock, valued at $6,742,663.32. This trade represents a 3.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders sold 56,003 shares of company stock valued at $1,386,457. 1.20% of the stock is currently owned by corporate insiders.
Institutional Trading of Five9
Hedge funds have recently bought and sold shares of the stock. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Five9 in the second quarter worth about $721,000. California State Teachers Retirement System grew its stake in shares of Five9 by 1,972.7% during the 2nd quarter. California State Teachers Retirement System now owns 1,879,593 shares of the software maker’s stock valued at $40,073,000 after acquiring an additional 1,788,909 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of Five9 by 127.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 58,477 shares of the software maker’s stock valued at $1,247,000 after acquiring an additional 32,795 shares during the period. Nykredit A S purchased a new stake in Five9 in the 2nd quarter worth approximately $39,000. Finally, Susquehanna Fundamental Investments LLC increased its holdings in Five9 by 10.2% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 201,081 shares of the software maker’s stock worth $4,287,000 after acquiring an additional 18,566 shares in the last quarter. 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.
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