Petrus Trust Company LTA Acquires New Shares in Five9, Inc. $FIVN

Petrus Trust Company LTA acquired a new stake in Five9, Inc. (NASDAQ:FIVN) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,240 shares of the software maker’s stock, valued at approximately $224,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Quantinno Capital Management LP bought a new position in Five9 in the 4th quarter valued at approximately $287,000. Royal Bank of Canada lifted its position in Five9 by 6.0% in the 4th quarter. Royal Bank of Canada now owns 369,001 shares of the software maker’s stock valued at $14,997,000 after acquiring an additional 20,775 shares in the last quarter. Man Group plc bought a new position in Five9 in the 4th quarter valued at approximately $354,000. Cetera Investment Advisers lifted its position in Five9 by 60.1% in the 4th quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker’s stock valued at $545,000 after acquiring an additional 5,032 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in Five9 in the 1st quarter valued at approximately $433,000. 96.64% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, President Andy Dignan sold 7,614 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.48, for a total value of $194,004.72. Following the transaction, the president directly owned 218,125 shares of the company’s stock, valued at approximately $5,557,825. This trade represents a 3.37% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Burkland sold 18,425 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.72, for a total value of $473,891.00. Following the completion of the transaction, the chief executive officer directly owned 367,562 shares in the company, valued at approximately $9,453,694.64. This represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 60,781 shares of company stock worth $1,565,453 in the last quarter. Company insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the company. Piper Sandler lowered their price objective on Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a research report on Monday, July 14th. Wall Street Zen upgraded Five9 from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. DA Davidson upgraded Five9 to a “hold” rating in a research note on Monday, August 4th. Canaccord Genuity Group restated a “buy” rating and issued a $40.00 price target on shares of Five9 in a research note on Friday, August 1st. Finally, Rosenblatt Securities restated a “buy” rating and issued a $36.00 price target on shares of Five9 in a research note on Friday, August 1st. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $37.59.

Five9 Stock Performance

FIVN stock opened at $26.38 on Wednesday. Five9, Inc. has a 1 year low of $21.04 and a 1 year high of $49.90. The stock’s fifty day moving average price is $26.67 and its 200-day moving average price is $27.28. The company has a market cap of $2.04 billion, a P/E ratio of 293.14, a price-to-earnings-growth ratio of 2.51 and a beta of 1.17. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44.

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

Five9 Profile

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.