Five9 (NASDAQ:FIVN) Trading Up 8.7% After Analyst Upgrade

Shares of Five9, Inc. (NASDAQ:FIVN) traded up 8.7% during mid-day trading on Monday after Cantor Fitzgerald raised their price target on the stock from $34.00 to $40.00. Cantor Fitzgerald currently has an overweight rating on the stock. Five9 traded as high as $35.38 and last traded at $35.3090. 1,025,823 shares traded hands during trading, a decline of 63% from the average daily volume of 2,747,481 shares. The stock had previously closed at $32.47.

FIVN has been the subject of a number of other research reports. Barclays increased their target price on shares of Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Truist Financial upped their price target on Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, August 31st. Wells Fargo & Company raised their price target on Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 25th. Rosenblatt Securities lifted their price objective on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a report on Friday, August 7th. Finally, FBN Securities began coverage on Five9 in a report on Wednesday, September 16th. They set an “outperform” rating and a $40.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.00.

Insider Buying and Selling at Five9

In other news, CFO Bryan M. Lee sold 1,310 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $32.60, for a total transaction of $42,706.00. Following the transaction, the chief financial officer owned 289,333 shares in the company, valued at approximately $9,432,255.80. This represents a 0.45% 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, President Andy Dignan sold 2,746 shares of the firm’s stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $31.57, for a total transaction of $86,691.22. Following the completion of the transaction, the president directly owned 244,600 shares in the company, valued at $7,722,022. This trade represents a 1.11% 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. In the last ninety days, insiders sold 76,845 shares of company stock worth $2,576,856. Company insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. EverSource Wealth Advisors LLC boosted its stake in shares of Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after buying an additional 1,367 shares during the last quarter. Rothschild Investment LLC lifted its holdings in Five9 by 3,572.0% during the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after acquiring an additional 1,786 shares during the period. Nykredit A S bought a new stake in Five9 during the second quarter worth $39,000. Global Retirement Partners LLC purchased a new position in Five9 in the second quarter worth $45,000. Finally, C M Bidwell & Associates Ltd. purchased a new position in Five9 in the second quarter worth $49,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Five9 Price Performance

The stock has a market cap of $2.70 billion, a P/E ratio of 51.13 and a beta of 1.48. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The business has a 50 day simple moving average of $30.31 and a 200-day simple moving average of $23.13.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating the consensus estimate of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The business had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. During the same quarter in the prior year, the business earned $0.76 earnings per share. Five9’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. On average, sell-side analysts forecast that Five9, Inc. will post 1.55 EPS for the current year.

About Five9

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.