S Squared Technology LLC Invests $10.98 Billion in Five9, Inc. $FIVN

S Squared Technology LLC acquired a new position in Five9, Inc. (NASDAQ:FIVN) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 515,195 shares of the software maker’s stock, valued at approximately $10,983,957,000. Five9 accounts for approximately 3.4% of S Squared Technology LLC’s portfolio, making the stock its 10th largest holding. S Squared Technology LLC owned about 0.67% of Five9 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in shares of Five9 by 8.2% during the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after purchasing an additional 759,237 shares during the period. Van Berkom & Associates Inc. lifted its stake in shares of Five9 by 28.0% in the 4th quarter. Van Berkom & Associates Inc. now owns 3,596,380 shares of the software maker’s stock worth $72,107,000 after purchasing an additional 787,626 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of Five9 by 10.3% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker’s stock worth $56,162,000 after buying an additional 217,227 shares during the last quarter. Anson Funds Management LP boosted its holdings in shares of Five9 by 35.6% in the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after buying an additional 547,304 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Five9 by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock valued at $40,034,000 after buying an additional 37,261 shares during the period. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Five9 Trading Up 0.1%

Shares of Five9 stock opened at $32.77 on Tuesday. The company has a market capitalization of $2.51 billion, a P/E ratio of 47.49 and a beta of 1.41. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The company has a fifty day moving average of $26.10 and a 200 day moving average of $21.05. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $34.58.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings results 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 business had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same quarter in the prior year, the business posted $0.76 EPS. Five9’s revenue for the quarter was up 10.3% compared to the same quarter last year. 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 anticipate that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insider Activity at Five9

In related news, CAO Leena Mansharamani sold 2,556 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $63,414.36. Following the sale, the chief accounting officer owned 57,698 shares of the company’s stock, valued at approximately $1,431,487.38. This trade represents a 4.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of the business’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 $145,609.89. Following the completion of the transaction, the executive vice president directly owned 161,671 shares in the company, valued at approximately $4,011,057.51. This represents a 3.50% 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. Insiders have sold 56,003 shares of company stock worth $1,386,457 in the last three months. Corporate insiders own 1.20% of the company’s stock.

Analyst Upgrades and Downgrades

FIVN has been the subject of a number of research reports. Truist Financial upped their target price on shares of Five9 from $23.00 to $35.00 and gave the company a “buy” rating in a report on Friday, August 7th. Jefferies Financial Group reiterated a “hold” rating on shares of Five9 in a research note on Friday, May 1st. Cantor Fitzgerald boosted their price objective on shares of Five9 from $32.00 to $34.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Needham & Company LLC restated a “buy” rating and issued a $40.00 price objective on shares of Five9 in a research note on Friday, May 1st. Finally, Zacks Research cut Five9 from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Five9 presently has an average rating of “Moderate Buy” and a consensus price target of $31.93.

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.