Five9, Inc. (NASDAQ:FIVN – Get Free Report)’s stock price was up 7.3% on Thursday . The company traded as high as $34.64 and last traded at $34.3350. 163,634 shares changed hands during trading, a decline of 94% from the average session volume of 2,823,691 shares. The stock had previously closed at $32.00.
Analyst Ratings Changes
Several brokerages have issued reports on FIVN. Royal Bank Of Canada raised their price objective on shares of Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research report on Friday, August 7th. Rosenblatt Securities increased their target price on shares of Five9 from $29.00 to $32.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. UBS Group raised their price target on Five9 from $25.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Cantor Fitzgerald boosted their price target on Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Finally, Weiss Ratings upgraded Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $32.79.
Get Our Latest Analysis on Five9
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last issued its earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The company had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. During the same period in the previous year, the firm earned $0.76 EPS. The business’s revenue was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Sell-side analysts anticipate that Five9, Inc. will post 1.55 EPS for the current fiscal year.
Insider Activity
In other Five9 news, CFO Bryan M. Lee sold 1,511 shares of the stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $24.25, for a total value of $36,641.75. Following the completion of the transaction, the chief financial officer directly owned 309,951 shares of the company’s stock, valued at approximately $7,516,311.75. This trade represents a 0.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, 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. Also, EVP Panos Kozanian sold 5,869 shares of Five9 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 $145,609.89. Following the sale, the executive vice president owned 161,671 shares of the company’s stock, valued at approximately $4,011,057.51. The trade was a 3.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 56,003 shares of company stock valued at $1,386,457 in the last quarter. Insiders own 1.20% of the company’s stock.
Hedge Funds Weigh In On Five9
Several hedge funds have recently bought and sold shares of the company. Dana Investment Advisors Inc. boosted its position in Five9 by 74.5% during the fourth quarter. Dana Investment Advisors Inc. now owns 222,515 shares of the software maker’s stock worth $4,461,000 after purchasing an additional 95,032 shares in the last quarter. Glenmede Trust Co. NA increased its position in shares of Five9 by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock valued at $8,763,000 after buying an additional 151,974 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Five9 by 8.2% in the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after buying an additional 759,237 shares in the last quarter. OneDigital Investment Advisors LLC acquired a new position in shares of Five9 during the 2nd quarter worth $1,034,000. Finally, Nierenberg Investment Management Company LLC purchased a new stake in shares of Five9 in the 2nd quarter worth about $2,895,469. 96.64% of the stock is owned by hedge funds and other institutional investors.
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.
Recommended Stories
- Five stocks we like better than Five9
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
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.
