S Squared Technology LLC bought a new position in Five9, Inc. (NASDAQ:FIVN – Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 515,195 shares of the software maker’s stock, valued at approximately $10,983,957. Five9 makes up approximately 0.0% of S Squared Technology LLC’s investment portfolio, making the stock its 10th biggest position. S Squared Technology LLC owned approximately 0.67% of Five9 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Van Berkom & Associates Inc. lifted its position in Five9 by 28.0% in the fourth quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock valued at $72,107,000 after acquiring an additional 787,626 shares during the last quarter. Vanguard Group Inc. grew its holdings in Five9 by 8.2% during the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock worth $201,250,000 after acquiring an additional 759,237 shares during the period. Anson Funds Management LP boosted its position in Five9 by 35.6% during the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock valued at $31,655,000 after purchasing an additional 547,304 shares during the last quarter. Deutsche Bank AG acquired a new position in Five9 in the second quarter worth about $10,432,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Five9 during the 2nd quarter worth about $10,429,000. 96.64% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Five9
In other Five9 news, EVP Panos Kozanian sold 5,869 shares of the business’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the sale, the executive vice president directly owned 161,671 shares in the company, valued at $4,011,057.51. The trade was a 3.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Tiffany N. Meriweather sold 9,526 shares of the company’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total value of $236,340.06. Following the completion of the sale, the insider owned 271,772 shares of the company’s stock, valued at $6,742,663.32. This trade represents a 3.39% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 56,003 shares of company stock worth $1,386,457. 1.20% of the stock is currently owned by insiders.
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 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 business had revenue of $312.44 million during the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the prior year, the business posted $0.76 earnings per share. The business’s quarterly 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, equities research analysts predict that Five9, Inc. will post 1.55 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms have issued reports on FIVN. Barclays increased their price target on Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Canaccord Genuity Group upped their price target on shares of Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a report on Monday. Piper Sandler boosted their target price on shares of Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. UBS Group lifted their price target on shares of Five9 from $25.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, 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 note on Monday, August 3rd. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $32.79.
Get Our Latest Stock Analysis on FIVN
About Five9
Five9, Inc (NASDAQ: FIVN) is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.
Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.
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