Five9 (NASDAQ:FIVN) Shares Gap Down – Here’s What Happened

Five9, Inc. (NASDAQ:FIVN)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $25.81, but opened at $24.38. Five9 shares last traded at $24.9730, with a volume of 280,270 shares.

Analysts Set New Price Targets

Several research firms recently commented on FIVN. Cantor Fitzgerald raised their price target on shares of Five9 from $22.00 to $24.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Piper Sandler reissued a “neutral” rating and issued a $24.00 target price (up from $21.00) on shares of Five9 in a research note on Friday, May 1st. Barclays lifted their target price on shares of Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Weiss Ratings upgraded Five9 from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 19th. Finally, Needham & Company LLC reissued a “buy” rating and set a $40.00 target price on shares of Five9 in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $25.93.

Five9 Trading Down 2.8%

The business has a 50 day simple moving average of $22.35 and a two-hundred day simple moving average of $19.01. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. The stock has a market cap of $1.90 billion, a price-to-earnings ratio of 37.67, a price-to-earnings-growth ratio of 1.13 and a beta of 1.46.

Five9 (NASDAQ:FIVN) last announced its earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.07. The company had revenue of $305.32 million for the quarter, compared to analyst estimates of $299.92 million. Five9 had a return on equity of 12.66% and a net margin of 4.87%.Five9’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.62 EPS. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. As a group, equities analysts anticipate that Five9, Inc. will post 1.39 EPS for the current year.

Insider Activity

In other news, President Andy Dignan sold 8,203 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.76, for a total value of $203,106.28. Following the sale, the president owned 278,760 shares in the company, valued at approximately $6,902,097.60. This represents a 2.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed 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. Also, insider Tiffany N. Meriweather sold 21,320 shares of Five9 stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $20.98, for a total value of $447,293.60. Following the completion of the transaction, the insider owned 281,298 shares of the company’s stock, valued at $5,901,632.04. This trade represents a 7.05% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 85,820 shares of company stock worth $2,014,057 over the last ninety days. Insiders own 1.20% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of FIVN. Voss Capital LP lifted its stake in Five9 by 40.0% during the third quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock worth $110,110,000 after purchasing an additional 1,300,000 shares during the last quarter. Van Berkom & Associates Inc. increased its stake in Five9 by 28.0% during the fourth quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock valued at $72,107,000 after purchasing an additional 787,626 shares during the last quarter. Vanguard Group Inc. increased its stake in Five9 by 8.2% during the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after purchasing an additional 759,237 shares during the last quarter. Anson Funds Management LP raised its holdings in shares of Five9 by 35.6% during the first 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. Finally, Qube Research & Technologies Ltd lifted its position in shares of Five9 by 1,255.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 422,772 shares of the software maker’s stock worth $10,231,000 after buying an additional 391,590 shares during 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.