Five9, Inc. (NASDAQ:FIVN – Get Free Report) CAO Leena Mansharamani sold 2,658 shares of the firm’s stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of $34.22, for a total value of $90,956.76. Following the completion of the transaction, the chief accounting officer owned 56,376 shares of the company’s stock, valued at approximately $1,929,186.72. This represents a 4.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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.
Leena Mansharamani also recently made the following trade(s):
- On Tuesday, September 8th, Leena Mansharamani sold 1,253 shares of Five9 stock. The stock was sold at an average price of $31.53, for a total value of $39,507.09.
- On Friday, September 4th, Leena Mansharamani sold 2,706 shares of Five9 stock. The stock was sold at an average price of $33.35, for a total transaction of $90,245.10.
Five9 Price Performance
Shares of NASDAQ FIVN opened at $30.37 on Thursday. The stock has a market cap of $2.33 billion, a price-to-earnings ratio of 44.02 and a beta of 1.48. Five9, Inc. has a 52 week low of $13.29 and a 52 week high of $35.18. The company’s 50-day moving average price is $29.18 and its 200 day moving average price is $22.42. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94.
Analysts Set New Price Targets
Several brokerages recently issued reports on FIVN. DA Davidson upped their target price on Five9 from $22.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. 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. Cantor Fitzgerald boosted their price target on Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Rosenblatt Securities upped their price objective on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, Zacks Research raised 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, ten have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.14.
Check Out Our Latest Report on FIVN
Key Stories Impacting Five9
Here are the key news stories impacting Five9 this week:
- Positive Sentiment: Analyst sentiment remains supportive. Canaccord Genuity raised its price target to $39 and maintained a “buy” rating, while Zacks Research upgraded Five9 to “strong buy.” The stock has a consensus “moderate buy” rating and an average target of $33.14, suggesting some analysts still see upside. Five9 analyst and stock information
- Neutral Sentiment: Five9’s latest quarterly results exceeded expectations, with adjusted earnings of $0.70 per share versus the $0.68 consensus and revenue of $312.44 million versus estimates of $306.61 million. Revenue increased 10.3% year over year, and management maintained 2026 earnings guidance of $3.22 to $3.30 per share. Five9 financial information
- Negative Sentiment: Insiders collectively sold approximately 47,000 shares in transactions dated September 3–8, including about $1.82 million sold by President Andy Dignan, CFO Bryan Lee, CAO Leena Mansharamani and Tiffany Meriweather. The sales reduce insider ownership and may weigh on sentiment, particularly with the stock trading near its 52-week high. However, the filings state that the sales were tax-related rather than discretionary dispositions, reducing their negative significance. Five9 SEC insider transaction filing
Institutional Trading of Five9
A number of hedge funds have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in 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 acquiring an additional 217,227 shares during the period. Anson Funds Management LP lifted its stake in shares of Five9 by 35.6% during 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. Geode Capital Management LLC boosted its holdings in shares of Five9 by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock worth $40,034,000 after purchasing an additional 37,261 shares during the last quarter. California State Teachers Retirement System boosted its holdings in shares of Five9 by 1,972.7% during the second quarter. California State Teachers Retirement System now owns 1,879,593 shares of the software maker’s stock worth $40,073,000 after purchasing an additional 1,788,909 shares during the last quarter. Finally, First Trust Advisors LP grew its position in shares of Five9 by 29.4% in the fourth quarter. First Trust Advisors LP now owns 1,572,466 shares of the software maker’s stock valued at $31,528,000 after purchasing an additional 357,321 shares during the period. Institutional investors and hedge funds own 96.64% of the company’s stock.
About Five9
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.
Further Reading
- Five stocks we like better than Five9
- Qualcomm’s Data Center Bet Looks More Real After Amazon’s AI Deal
- GE Aerospace’s $11.75B Deal Puts Howmet Aerospace in Focus
- Casey’s Post-Earnings Drop May Give Investors a Better Entry Into a Quality Retailer
- Sovereign AI: Palantir and Nebius Cut the Cloud Cord
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.
