Insider Selling: Five9 (NASDAQ:FIVN) Insider Sells $161,346.70 in Stock

Five9, Inc. (NASDAQ:FIVNGet Free Report) insider Tiffany Meriweather sold 5,114 shares of the company’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $31.55, for a total transaction of $161,346.70. Following the completion of the transaction, the insider directly owned 253,249 shares of the company’s stock, valued at approximately $7,990,005.95. The trade was a 1.98% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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.

Five9 Stock Up 1.4%

Shares of NASDAQ FIVN opened at $30.66 on Friday. Five9, Inc. has a 1 year low of $13.29 and a 1 year high of $35.18. The firm has a market cap of $2.35 billion, a price-to-earnings ratio of 44.44 and a beta of 1.48. 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’s 50-day simple moving average is $29.47 and its 200-day simple moving average is $22.56.

Five9 (NASDAQ:FIVNGet Free Report) last released its quarterly 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 return on equity of 12.92% and a net margin of 4.94%.The business had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the previous year, the firm posted $0.76 earnings per share. The company’s 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, equities analysts anticipate that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Five9

Large investors have recently added to or reduced their stakes in the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in Five9 by 10.3% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker’s stock valued at $56,162,000 after purchasing an additional 217,227 shares during the last quarter. Anson Funds Management LP lifted its position in shares of Five9 by 35.6% in the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after buying an additional 547,304 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Five9 by 1.9% in the 4th quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock worth $40,034,000 after buying an additional 37,261 shares during the last quarter. California State Teachers Retirement System boosted 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 valued at $40,073,000 after buying an additional 1,788,909 shares during the period. Finally, First Trust Advisors LP boosted its holdings in shares of Five9 by 29.4% in the 4th quarter. First Trust Advisors LP now owns 1,572,466 shares of the software maker’s stock valued at $31,528,000 after buying an additional 357,321 shares during the period. 96.64% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

FIVN has been the subject of a number of recent analyst reports. Truist Financial raised their price target on shares of Five9 from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Rosenblatt Securities upped their price target on shares of Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a report on Friday, August 7th. Robert W. Baird increased their price objective on shares of Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Wall Street Zen lowered shares of Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Barclays boosted their target price on shares of Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $33.14.

Check Out Our Latest Analysis on Five9

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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