Shares of Five9, Inc. (NASDAQ:FIVN – Get Free Report) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $33.15 and traded as high as $35.29. Five9 shares last traded at $35.15, with a volume of 1,864,906 shares changing hands.
Analysts Set New Price Targets
FIVN has been the subject of a number of recent research reports. Cantor Fitzgerald increased their target price on Five9 from $34.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, September 21st. Needham & Company LLC reaffirmed a “buy” rating on shares of Five9 in a research note on Monday, September 21st. DA Davidson set a $33.00 price target on Five9 in a research report on Monday, September 28th. Truist Financial increased their price objective on Five9 from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, August 31st. Finally, Zacks Research upgraded Five9 from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $34.33.
View Our Latest Research Report on Five9
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping analysts’ consensus estimates 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 business’s revenue was up 10.3% on a year-over-year basis. 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. As a group, equities research analysts forecast that Five9, Inc. will post 1.55 earnings per share for the current year.
Insider Buying and Selling at Five9
In other news, CAO Leena Mansharamani sold 1,253 shares of the firm’s stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $31.53, for a total value of $39,507.09. Following the transaction, the chief accounting officer directly owned 52,417 shares in the company, valued at $1,652,708.01. This trade represents a 2.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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, CFO Bryan M. Lee sold 1,310 shares of Five9 stock in a transaction on Tuesday, September 8th. The stock was sold at an average price of $32.60, for a total value of $42,706.00. Following the sale, the chief financial officer directly owned 289,333 shares of the company’s stock, valued at approximately $9,432,255.80. This trade represents a 0.45% 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. Insiders sold a total of 83,831 shares of company stock worth $2,821,366 over the last quarter. 1.20% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Five9
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC raised its holdings in Five9 by 42.7% in the third quarter. GAMMA Investing LLC now owns 1,477 shares of the software maker’s stock worth $50,000 after purchasing an additional 442 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Five9 by 14.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 4,019 shares of the software maker’s stock valued at $137,000 after buying an additional 501 shares during the period. Toth Financial Advisory Corp bought a new stake in shares of Five9 in the 3rd quarter valued at $988,000. SkyView Investment Advisors LLC bought a new stake in shares of Five9 in the 2nd quarter valued at $320,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in Five9 during the 2nd quarter worth $67,000. Institutional investors own 96.64% of the company’s stock.
Five9 Company Profile
Five9, Inc provides cloud-based contact center software for businesses and other organizations. Its platform is designed to help companies manage customer interactions across voice, email, chat, social media and other digital channels without relying on traditional, on-premises contact center infrastructure.
The company’s Intelligent Customer Experience (CX) Platform includes inbound and outbound communications, digital engagement, workforce optimization, analytics, workflow automation and customer relationship management integrations.
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