Five9 (NASDAQ:FIVN) Upgraded by FBN Securities to Strong-Buy Rating

FBN Securities upgraded shares of Five9 (NASDAQ:FIVN) to a strong-buy rating in a research report sent to investors on Wednesday,Zacks reports.

Several other analysts also recently issued reports on the company. Weiss Ratings upgraded Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. Wall Street Zen downgraded Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Truist Financial boosted their target price on shares of Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, August 31st. Robert W. Baird upped their price target 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. Finally, Canaccord Genuity Group raised their price target on shares of Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $33.60.

Five9 Stock Up 3.2%

Five9 stock opened at $34.08 on Wednesday. The stock has a market cap of $2.61 billion, a P/E ratio of 49.39 and a beta of 1.48. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94. Five9 has a twelve month low of $13.29 and a twelve month high of $35.18. The company’s 50-day moving average price is $29.98 and its two-hundred day moving average price is $22.90.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping 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 company had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the previous year, the company posted $0.76 earnings per share. The business’s revenue 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. As a group, analysts expect that Five9 will post 1.55 EPS for the current year.

Insider Buying and Selling

In other news, CAO Leena Mansharamani sold 2,706 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $33.35, for a total transaction of $90,245.10. Following the sale, the chief accounting officer directly owned 53,670 shares of the company’s stock, valued at approximately $1,789,894.50. This represents a 4.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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. Also, insider Tiffany N. Meriweather sold 13,409 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $33.31, for a total value of $446,653.79. Following the completion of the transaction, the insider owned 258,363 shares in the company, valued at $8,606,071.53. The trade was a 4.93% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. Insiders have sold 76,845 shares of company stock worth $2,576,856 in the last quarter. Insiders own 1.20% of the company’s stock.

Institutional Investors Weigh In On Five9

Several institutional investors and hedge funds have recently bought and sold shares of FIVN. SkyView Investment Advisors LLC acquired a new position in shares of Five9 in the 2nd quarter valued at approximately $320,000. Integrated Wealth Concepts LLC bought a new stake in shares of Five9 during the 2nd quarter worth approximately $67,000. NewEdge Advisors LLC boosted its position in shares of Five9 by 14.5% during the 2nd quarter. NewEdge Advisors LLC now owns 2,894 shares of the software maker’s stock worth $62,000 after acquiring an additional 366 shares in the last quarter. Squarepoint Ops LLC increased its stake in Five9 by 12.1% in 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 bought a new position in Five9 in the second quarter valued at approximately $39,000. Institutional investors own 96.64% of the company’s stock.

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.