Insider Selling: Five9 (NASDAQ:FIVN) Insider Sells $446,653.79 in Stock

Five9, Inc. (NASDAQ:FIVN) insider Tiffany Meriweather sold 13,409 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $33.31, for a total transaction of $446,653.79. Following the sale, the insider directly owned 258,363 shares in the company, valued at $8,606,071.53. This trade represents a 4.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.

Five9 Stock Up 1.4%

Shares of NASDAQ:FIVN opened at $30.66 on Friday. The firm has a fifty day moving average price of $29.47 and a two-hundred day moving average price of $22.56. The company has a market cap of $2.35 billion, a price-to-earnings ratio of 44.44 and a beta of 1.48. 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, Inc. has a one year low of $13.29 and a one year high of $35.18.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results 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 firm posted $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. Analysts anticipate that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FIVN shares. Rosenblatt Securities boosted their price objective on Five9 from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, August 7th. UBS Group reaffirmed a “positive” rating on shares of Five9 in a research note on Monday, August 31st. Robert W. Baird lifted their target price on shares of Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Weiss Ratings raised shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Finally, Cantor Fitzgerald raised their price objective on shares of Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $33.14.

Hedge Funds Weigh In On Five9

Institutional investors have recently modified their holdings of the company. California State Teachers Retirement System lifted its holdings in shares of Five9 by 1,972.7% in the 2nd quarter. California State Teachers Retirement System now owns 1,879,593 shares of the software maker’s stock worth $40,073,000 after acquiring an additional 1,788,909 shares during the last quarter. Anson Funds Management LP raised its position in 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 during the period. S Squared Technology LLC purchased a new position in Five9 in the 2nd quarter worth $10,983,957. Deutsche Bank AG bought a new stake in Five9 in the second quarter worth $10,432,000. Finally, Bank of New York Mellon Corp bought a new stake in Five9 in the second quarter worth $10,429,000. 96.64% of the stock is currently owned by institutional investors.

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.