Gagnon Advisors LLC Purchases 168,891 Shares of Five9, Inc. $FIVN

Gagnon Advisors LLC boosted its position in shares of Five9, Inc. (NASDAQ:FIVN) by 100.9% in the 4th quarter, HoldingsChannel reports. The firm owned 336,277 shares of the software maker’s stock after buying an additional 168,891 shares during the period. Five9 accounts for about 4.3% of Gagnon Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Gagnon Advisors LLC’s holdings in Five9 were worth $6,742,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the company. California State Teachers Retirement System lifted its holdings in Five9 by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock valued at $1,832,000 after purchasing an additional 549 shares during the last quarter. Citizens Financial Group Inc. RI lifted its holdings in Five9 by 7.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock valued at $228,000 after purchasing an additional 776 shares during the last quarter. Franklin Resources Inc. lifted its holdings in Five9 by 1.5% during the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock valued at $1,129,000 after purchasing an additional 807 shares during the last quarter. Quarry LP bought a new position in Five9 during the 3rd quarter valued at about $33,000. Finally, Advisory Services Network LLC bought a new position in Five9 during the 3rd quarter valued at about $38,000. 96.64% of the stock is owned by institutional investors.

Five9 Stock Performance

Shares of NASDAQ:FIVN opened at $21.23 on Friday. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. Five9, Inc. has a 1-year low of $13.29 and a 1-year high of $29.71. The stock has a market capitalization of $1.63 billion, a P/E ratio of 32.17, a P/E/G ratio of 0.92 and a beta of 1.45. The business has a 50-day moving average price of $19.60 and a two-hundred day moving average price of $18.74.

Five9 (NASDAQ:FIVN) last issued its earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The firm had revenue of $305.32 million for the quarter, compared to analysts’ expectations of $299.92 million. During the same quarter last year, the business earned $0.62 earnings per share. The company’s revenue was up 9.2% compared to the same quarter last year. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. Equities analysts predict that Five9, Inc. will post 1.39 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Royal Bank Of Canada cut their price target on shares of Five9 from $35.00 to $25.00 and set an “outperform” rating for the company in a report on Friday, February 20th. DA Davidson increased their price objective on shares of Five9 from $19.00 to $22.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Mizuho decreased their price objective on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. Truist Financial decreased their price objective on shares of Five9 from $40.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Zacks Research cut shares of Five9 from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $25.93.

Insider Buying and Selling

In other Five9 news, CFO Bryan M. Lee sold 1,511 shares of the stock in a transaction dated Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $36,641.75. Following the completion of the sale, the chief financial officer directly owned 309,951 shares in the company, valued at $7,516,311.75. This represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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. Also, CAO Leena Mansharamani sold 2,556 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $63,414.36. Following the completion of the sale, the chief accounting officer owned 57,698 shares of the company’s stock, valued at $1,431,487.38. This trade represents a 4.24% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 85,820 shares of company stock valued at $2,014,057. 1.20% of the stock is owned by company 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.