Nierenberg Investment Management Company LLC Makes New Investment in Five9, Inc. $FIVN

Nierenberg Investment Management Company LLC bought a new position in shares of Five9, Inc. (NASDAQ:FIVN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 135,810 shares of the software maker’s stock, valued at approximately $2,895,469,000. Five9 accounts for approximately 1.4% of Nierenberg Investment Management Company LLC’s portfolio, making the stock its 13th biggest holding. Nierenberg Investment Management Company LLC owned approximately 0.18% of Five9 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of FIVN. Vanguard Group Inc. grew its stake in Five9 by 8.2% in the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock worth $201,250,000 after purchasing an additional 759,237 shares in the last quarter. Van Berkom & Associates Inc. lifted its holdings in shares of Five9 by 28.0% in the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock worth $72,107,000 after buying an additional 787,626 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted 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 buying an additional 217,227 shares during the period. Anson Funds Management LP lifted 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 buying an additional 547,304 shares during the period. Finally, Geode Capital Management LLC grew its position in shares of Five9 by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock worth $40,034,000 after buying an additional 37,261 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

Five9 Trading Up 0.9%

Shares of NASDAQ FIVN opened at $32.74 on Thursday. Five9, Inc. has a 1-year low of $13.29 and a 1-year high of $34.58. The business has a fifty day moving average price of $25.39 and a 200 day moving average price of $20.73. The stock has a market capitalization of $2.51 billion, a P/E ratio of 47.45 and a beta of 1.42. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15.

Five9 (NASDAQ:FIVN) last posted its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. The company had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The firm’s quarterly revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Equities research analysts expect that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on FIVN shares. Robert W. Baird raised their price target on Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Barclays increased their target price on shares of Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Cantor Fitzgerald boosted their price target on shares of Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a report on Monday, August 3rd. Needham & Company LLC reaffirmed a “buy” rating and issued a $40.00 price target on shares of Five9 in a research report on Friday, May 1st. Finally, Truist Financial increased their price objective on shares of Five9 from $23.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $31.50.

Insider Transactions at Five9

In related news, CRO Matthew E. Tuckness sold 8,645 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $214,482.45. Following the completion of the transaction, the executive owned 281,492 shares in the company, valued at $6,983,816.52. The trade was a 2.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through 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 business’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $236,340.06. Following the transaction, the insider owned 271,772 shares of the company’s stock, valued at approximately $6,742,663.32. This trade represents a 3.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 56,003 shares of company stock worth $1,386,457. 1.20% of the stock is owned by corporate insiders.

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.