Five9 (NASDAQ:FIVN) President Sells $86,691.22 in Stock

Five9, Inc. (NASDAQ:FIVN) President Andy Dignan sold 2,746 shares of the firm’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $31.57, for a total value of $86,691.22. Following the sale, the president owned 244,600 shares of the company’s stock, valued at $7,722,022. This represents a 1.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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.

Andy Dignan also recently made the following trade(s):

• On Friday, September 4th, Andy Dignan sold 10,574 shares of Five9 stock. The stock was sold at an average price of $33.35, for a total value of $352,642.90.
• On Friday, August 28th, Andy Dignan sold 17,767 shares of Five9 stock. The stock was sold at an average price of $35.03, for a total value of $622,378.01.

Five9 Trading Up 1.4%

Shares of FIVN opened at $30.66 on Friday. Five9, Inc. has a one year low of $13.29 and a one year high of $35.18. The stock has a 50-day moving average price of $29.47 and a 200 day moving average price of $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 company has a market capitalization of $2.35 billion, a P/E ratio of 44.44 and a beta of 1.48.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings data 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 company had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.Five9’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the previous year, the business 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. Sell-side analysts forecast that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Institutional Trading of Five9

Institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System lifted its stake in Five9 by 1,972.7% in the second 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 last quarter. Anson Funds Management LP lifted its stake 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 acquiring an additional 547,304 shares during the period. S Squared Technology LLC bought a new position in shares of Five9 in the second quarter valued at approximately $10,983,957. Deutsche Bank AG bought a new position in Five9 during the 2nd quarter valued at $10,432,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Five9 in the second quarter valued at $10,429,000. 96.64% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

FIVN has been the topic of a number of research analyst reports. Barclays increased their price objective on shares of Five9 from $25.00 to $34.00 and gave the company an “overweight” rating in a research note on Monday, August 10th. Cantor Fitzgerald increased their price target on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Truist Financial increased 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. Robert W. Baird lifted their price target on Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Finally, Wells Fargo & Company boosted their price objective on Five9 from $24.00 to $32.00 and gave the company an “equal weight” rating in a report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Five9 currently has an average rating of “Moderate Buy” and an average target price of $33.14.

About Five9

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.