Nierenberg Investment Management Company LLC acquired a new stake in shares of Five9, Inc. (NASDAQ:FIVN – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 135,810 shares of the software maker’s stock, valued at approximately $2,895,469,000. Five9 makes up approximately 1.4% of Nierenberg Investment Management Company LLC’s portfolio, making the stock its 13th biggest holding.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. EverSource Wealth Advisors LLC boosted its stake in Five9 by 378.7% in 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 in the last quarter. Quarry LP acquired a new position in Five9 during the 3rd quarter valued at approximately $33,000. Optiver Holding B.V. raised its holdings in shares of Five9 by 575.9% in the first quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock worth $35,000 after buying an additional 1,981 shares during the last quarter. Rothschild Investment LLC raised its holdings in shares of Five9 by 3,572.0% in the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock worth $37,000 after buying an additional 1,786 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of Five9 in the first quarter worth $38,000. 96.64% of the stock is owned by hedge funds and other institutional investors.
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 transaction of $36,641.75. Following the sale, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 Five9 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 transaction, the executive vice president owned 161,671 shares of the company’s stock, valued at $4,011,057.51. The trade was a 3.50% decrease in their position. 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 sold 56,003 shares of company stock valued at $1,386,457 in the last 90 days. 1.20% of the stock is currently owned by insiders.
Analyst Ratings Changes
Read Our Latest Report on Five9
Five9 Stock Performance
Shares of NASDAQ FIVN opened at $32.74 on Thursday. The company has a 50 day simple moving average of $25.39 and a two-hundred day simple moving average of $20.73. The stock has a market cap of $2.51 billion, a price-to-earnings ratio of 47.45 and a beta of 1.42. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $34.58.
Five9 (NASDAQ:FIVN – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The firm had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. During the same quarter in the prior year, the business earned $0.76 earnings per share. The business’s quarterly revenue was up 10.3% compared to the same quarter last year. 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 predict that Five9, Inc. will post 1.55 earnings per share for the current year.
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.
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