Five9 (NASDAQ:FIVN) CFO Sells $643,728.72 in Stock

Five9, Inc. (NASDAQ:FIVNGet Free Report) CFO Bryan Lee sold 19,308 shares of the firm’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.34, for a total transaction of $643,728.72. Following the completion of the sale, the chief financial officer owned 290,643 shares of the company’s stock, valued at $9,690,037.62. This trade represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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.

Five9 Stock Performance

Five9 stock opened at $30.66 on Friday. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $35.18. The stock’s 50 day simple moving average is $29.47 and its two-hundred day simple moving average is $22.56. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The stock has a market cap of $2.35 billion, a price-to-earnings ratio of 44.44 and a beta of 1.48.

Five9 (NASDAQ:FIVNGet Free Report) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. The firm had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The business’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, analysts expect that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Five9

Several large investors have recently modified their holdings of FIVN. California State Teachers Retirement System increased its holdings in shares of Five9 by 1,972.7% in the 2nd 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 in the last quarter. Anson Funds Management LP lifted 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 valued at $31,655,000 after purchasing an additional 547,304 shares in the last quarter. S Squared Technology LLC bought a new position in shares of Five9 during the second quarter valued at $10,983,957. Deutsche Bank AG purchased a new stake in shares of Five9 during the second quarter valued at $10,432,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Five9 during the second quarter valued at $10,429,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Cantor Fitzgerald raised their price objective on Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Zacks Research upgraded shares of Five9 from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. Barclays lifted their price target on shares of Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Wells Fargo & Company boosted their price objective on shares of Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings upgraded shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Five9 presently has a consensus rating of “Moderate Buy” and an average price target of $33.14.

Check Out Our Latest Report on FIVN

About Five9

(Get Free Report)

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.

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Insider Buying and Selling by Quarter for Five9 (NASDAQ:FIVN)

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