Five9, Inc. $FIVN Shares Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC increased its holdings in Five9, Inc. (NASDAQ:FIVN) by 30.9% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 110,056 shares of the software maker’s stock after acquiring an additional 25,983 shares during the period. Segall Bryant & Hamill LLC owned approximately 0.14% of Five9 worth $1,670,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in FIVN. California State Teachers Retirement System lifted its stake in shares of Five9 by 0.8% in 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 grew its holdings in shares of Five9 by 7.3% during the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock worth $228,000 after purchasing an additional 776 shares during the period. Franklin Resources Inc. increased its position in shares of Five9 by 1.5% during the 4th quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock worth $1,129,000 after purchasing an additional 807 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after purchasing an additional 1,367 shares during the last quarter. Finally, Quarry LP purchased a new stake in Five9 in the 3rd quarter valued at about $33,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

Insider Buying and Selling at Five9

In related news, CRO Matthew E. Tuckness sold 8,645 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $214,482.45. Following the sale, the executive directly owned 281,492 shares of the company’s stock, valued at $6,983,816.52. This represents a 2.98% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of the stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $24.25, for a total transaction of $36,641.75. Following the sale, the chief financial officer owned 309,951 shares in the company, valued at approximately $7,516,311.75. This trade represents a 0.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. In the last three months, insiders have sold 85,820 shares of company stock valued at $2,014,057. Corporate insiders own 1.20% of the company’s stock.

Five9 Stock Performance

Shares of Five9 stock opened at $29.79 on Wednesday. The business has a 50-day moving average of $23.49 and a 200 day moving average of $19.64. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $30.21. The stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 45.14 and a beta of 1.42. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51.

Analyst Ratings Changes

FIVN has been the topic of a number of recent analyst reports. Barclays upped their target price on shares of Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a research report on Friday, May 1st. DA Davidson set a $22.00 price target on shares of Five9 in a research note on Monday. Cantor Fitzgerald reissued an “overweight” rating on shares of Five9 in a research note on Monday. Jefferies Financial Group restated a “hold” rating on shares of Five9 in a report on Friday, May 1st. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a research report on Friday, May 1st. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Five9 presently has an average rating of “Moderate Buy” and an average price target of $25.93.

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.