Shares of Five9, Inc. (NASDAQ:FIVN – Get Free Report) traded up 6% during trading on Tuesday . The stock traded as high as $33.25 and last traded at $33.6690. 801,542 shares traded hands during mid-day trading, a decline of 71% from the average session volume of 2,735,110 shares. The stock had previously closed at $31.75.
Wall Street Analyst Weigh In
Several research firms have commented on FIVN. Canaccord Genuity Group upped their price objective on shares of Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a report on Monday, August 24th. Weiss Ratings raised shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, August 7th. Cantor Fitzgerald increased their target price on Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Wells Fargo & Company lifted their price target on Five9 from $24.00 to $32.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 25th. Finally, Rosenblatt Securities increased their price objective on Five9 from $29.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, August 7th. Two analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.60.
Check Out Our Latest Stock Report on Five9
Five9 Price Performance
Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The firm had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. During the same quarter last year, the company posted $0.76 EPS. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. On average, sell-side analysts expect that Five9, Inc. will post 1.55 EPS for the current fiscal year.
Insider Activity at Five9
In other news, CFO Bryan M. Lee sold 19,308 shares of Five9 stock in a transaction on Friday, September 4th. The shares were sold at an average price of $33.34, for a total transaction of $643,728.72. Following the completion of the sale, the chief financial officer directly owned 290,643 shares of the company’s stock, valued at approximately $9,690,037.62. The trade was a 6.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, 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, President Andy Dignan sold 17,767 shares of the company’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01. Following the completion of the transaction, the president owned 257,920 shares of the company’s stock, valued at $9,034,937.60. This trade represents a 6.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 76,845 shares of company stock worth $2,576,856 in the last 90 days. 1.20% of the stock is currently owned by corporate insiders.
Institutional Investors Weigh In On Five9
Several hedge funds have recently added to or reduced their stakes in FIVN. SkyView Investment Advisors LLC bought a new position in shares of Five9 during the 2nd quarter valued at about $320,000. Integrated Wealth Concepts LLC bought a new stake in Five9 in the 2nd quarter worth approximately $67,000. NewEdge Advisors LLC boosted its stake in Five9 by 14.5% in the second quarter. NewEdge Advisors LLC now owns 2,894 shares of the software maker’s stock worth $62,000 after buying an additional 366 shares in the last quarter. Squarepoint Ops LLC grew its position in Five9 by 12.1% during the second quarter. Squarepoint Ops LLC now owns 374,506 shares of the software maker’s stock valued at $7,984,000 after acquiring an additional 40,519 shares during the last quarter. Finally, Nykredit A S purchased a new position in shares of Five9 during the second quarter worth approximately $39,000. Institutional investors own 96.64% of the company’s stock.
Five9 Company Profile
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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