Five9 (NASDAQ:FIVN) CEO Sells $473,891.00 in Stock

Five9, Inc. (NASDAQ:FIVN) CEO Michael Burkland sold 18,425 shares of the business’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.72, for a total transaction of $473,891.00. Following the completion of the transaction, the chief executive officer owned 367,562 shares in the company, valued at $9,453,694.64. This represents a 4.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Five9 Stock Performance

Shares of FIVN stock opened at $26.38 on Wednesday. Five9, Inc. has a 12 month low of $21.04 and a 12 month high of $49.90. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. The firm has a market capitalization of $2.04 billion, a P/E ratio of 293.14, a P/E/G ratio of 2.51 and a beta of 1.17. The company’s fifty day moving average price is $26.67 and its two-hundred day moving average price is $27.28.

Five9 (NASDAQ:FIVN) last released its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.11. The company had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The company’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.52 EPS. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, research analysts anticipate that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on FIVN. DA Davidson raised shares of Five9 to a “hold” rating in a research report on Monday, August 4th. KeyCorp began coverage on shares of Five9 in a research report on Friday, June 6th. They set an “overweight” rating and a $35.00 price objective for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $36.00 price objective on shares of Five9 in a research report on Friday, August 1st. Piper Sandler lowered their price objective on shares of Five9 from $36.00 to $31.00 and set an “overweight” rating for the company in a research report on Monday, July 14th. Finally, Canaccord Genuity Group reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a research report on Friday, August 1st. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $37.59.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Quantinno Capital Management LP bought a new position in Five9 in the 4th quarter worth about $287,000. Royal Bank of Canada lifted its stake in shares of Five9 by 6.0% in the 4th quarter. Royal Bank of Canada now owns 369,001 shares of the software maker’s stock worth $14,997,000 after acquiring an additional 20,775 shares during the period. Man Group plc acquired a new stake in shares of Five9 in the 4th quarter worth approximately $354,000. Cetera Investment Advisers lifted its stake in shares of Five9 by 60.1% in the 4th quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker’s stock worth $545,000 after acquiring an additional 5,032 shares during the period. Finally, Teacher Retirement System of Texas acquired a new stake in shares of Five9 in the 1st quarter worth approximately $433,000. Institutional investors own 96.64% of the company’s stock.

About Five9

Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.