Circumference Group LLC Sells 39,500 Shares of Five9, Inc. $FIVN

Posted by Stanley Muller on Jun 18th, 2026

Circumference Group LLC lessened its holdings in Five9, Inc. (NASDAQ:FIVN – Free Report) by 39.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,000 shares of the software maker’s stock after selling 39,500 shares during the period. Five9 accounts for 1.3% of Circumference Group LLC’s holdings, making the stock its 20th biggest position. Circumference Group LLC owned about 0.08% of Five9 worth $1,203,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quarry LP acquired a new position in Five9 in the 3rd quarter valued at $33,000. Advisory Services Network LLC acquired a new position in Five9 in the 3rd quarter valued at $38,000. Rothschild Investment LLC grew its holdings in Five9 by 3,572.0% in the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after buying an additional 1,786 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Five9 by 2,327.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,622 shares of the software maker’s stock valued at $53,000 after buying an additional 2,514 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new position in Five9 in the 3rd quarter valued at $66,000. 96.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have commented on FIVN. Piper Sandler reaffirmed a “neutral” rating and issued a $24.00 price objective (up from $21.00) on shares of Five9 in a report on Friday, May 1st. Barclays upped their price objective on Five9 from $22.00 to $25.00 and gave the company an “overweight” rating in a report on Friday, May 1st. Zacks Research lowered Five9 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Truist Financial decreased their price objective on Five9 from $40.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Mizuho reduced their target price on Five9 from $35.00 to $28.00 and set an “outperform” rating on the stock in a report on Friday, February 20th. 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $25.93.

Check Out Our Latest Stock Analysis on Five9

Five9 Price Performance

FIVN stock opened at $19.36 on Thursday. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $29.71. The firm has a market cap of $1.48 billion, a P/E ratio of 29.33, a P/E/G ratio of 0.91 and a beta of 1.45. The company’s 50-day moving average price is $19.91 and its two-hundred day moving average price is $18.75.

Five9 (NASDAQ:FIVN – Get Free Report) last released its earnings results on Thursday, April 30th. The software maker reported $0.76 EPS for the quarter, beating the consensus estimate of $0.69 by $0.07. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The firm had revenue of $305.32 million for the quarter, compared to analyst estimates of $299.92 million. During the same period last year, the firm earned $0.62 EPS. The business’s quarterly 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. On average, analysts anticipate that Five9, Inc. will post 1.39 earnings per share for the current fiscal year.

Insider Transactions at Five9

In related news, CFO Bryan M. Lee sold 16,620 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $412,342.20. Following the sale, the chief financial officer directly owned 311,462 shares of the company’s stock, valued at $7,727,372.22. This trade represents a 5.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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. Also, EVP Panos Kozanian sold 5,869 shares of the firm’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $145,609.89. Following the completion of the sale, the executive vice president directly owned 161,671 shares in the company, valued at $4,011,057.51. This trade represents a 3.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders sold 85,820 shares of company stock worth $2,014,057. Corporate insiders own 1.20% of the company’s stock.

About Five9

(Free Report)

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.