40,408 Shares in Five9, Inc. $FIVN Bought by Jefferies Financial Group Inc.

Key Points

• Jefferies Financial Group initiated a Five9 position by purchasing 40,408 shares worth approximately $861,000, while institutional investors collectively own 96.64% of the company.
• Analyst sentiment remains generally positive: Five9 has a “Moderate Buy” consensus rating, with an average price target of $32.79; several firms recently raised their targets, including Canaccord Genuity to $39.
• Five9 exceeded quarterly expectations with adjusted EPS of $0.70 versus $0.68 forecast and revenue of $312.44 million, up 10.3% year over year. Shares opened at $34.05, near their 12-month high of $35.17.

Jefferies Financial Group Inc. bought a new stake in Five9, Inc. (NASDAQ:FIVN - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,408 shares of the software maker's stock, valued at approximately $861,000. Jefferies Financial Group Inc. owned 0.05% of Five9 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. California State Teachers Retirement System raised its position in shares of Five9 by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker's stock worth $1,832,000 after acquiring an additional 549 shares in the last quarter. Citizens Financial Group Inc. RI grew its stake in Five9 by 7.3% during the fourth quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker's stock worth $228,000 after purchasing an additional 776 shares during the period. Franklin Resources Inc. increased its holdings in Five9 by 1.5% in the fourth quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker's stock worth $1,129,000 after purchasing an additional 807 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in Five9 by 378.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker's stock worth $26,000 after purchasing an additional 1,367 shares in the last quarter. Finally, Quarry LP acquired a new position in Five9 in the third quarter valued at approximately $33,000. Institutional investors own 96.64% of the company's stock.

Insider Transactions at Five9

In related news, CFO Bryan M. Lee sold 16,620 shares of the company's stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $412,342.20. Following the sale, the chief financial officer owned 311,462 shares in the company, valued at $7,727,372.22. This represents a 5.07% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at 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, EVP Panos Kozanian sold 5,869 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president directly owned 161,671 shares in the company, valued at approximately $4,011,057.51. The trade was a 3.50% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 56,003 shares of company stock valued at $1,386,457. Corporate insiders own 1.20% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on FIVN. Wells Fargo & Company raised their price objective on shares of Five9 from $24.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 25th. Weiss Ratings upgraded shares of Five9 from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, August 7th. Truist Financial increased their target price on shares of Five9 from $23.00 to $35.00 and gave the stock a "buy" rating in a research note on Friday, August 7th. 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 report on Monday, August 24th. Finally, Zacks Research downgraded shares of Five9 from a "strong-buy" rating to a "hold" rating in a research note on Thursday, July 30th. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $32.79.

Five9 Price Performance

Shares of NASDAQ:FIVN opened at $34.05 on Monday. 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, Inc. has a twelve month low of $13.29 and a twelve month high of $35.17. The stock's 50 day moving average is $27.18 and its 200-day moving average is $21.51. The firm has a market capitalization of $2.61 billion, a price-to-earnings ratio of 49.35 and a beta of 1.41.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its 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. The company had revenue of $312.44 million for the quarter, compared to analysts' expectations of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.Five9's quarterly revenue was up 10.3% compared to the same quarter last year. During the same period last year, the business earned $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Sell-side analysts forecast that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Five9 Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source