Aberdeen Group plc Grows Stake in Five9, Inc. $FIVN

Key Points

• Aberdeen Group plc increased its stake in Five9, Inc. by 4.7% during the first quarter, now owning approximately 0.38% of the company's stock, valued at $7.83 million.
• Analysts have issued mixed ratings on Five9, with a consensus rating of "Moderate Buy" and an average price target of $37.59, while notable price targets from analysts range from $23.00 to $52.00.
• Five9 reported earnings of $0.76 per share for the last quarter, beating estimates and indicating a 12.4% increase in revenue year-over-year.

Aberdeen Group plc grew its stake in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 4.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 288,276 shares of the software maker's stock after buying an additional 12,893 shares during the period. Aberdeen Group plc owned 0.38% of Five9 worth $7,827,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. LPL Financial LLC bought a new stake in Five9 in the 4th quarter valued at $328,000. Wells Fargo & Company MN grew its position in shares of Five9 by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 24,779 shares of the software maker's stock valued at $1,007,000 after purchasing an additional 852 shares in the last quarter. Guggenheim Capital LLC bought a new stake in shares of Five9 in the fourth quarter worth about $348,000. Marshall Wace LLP purchased a new stake in shares of Five9 in the fourth quarter worth about $402,000. Finally, Canada Pension Plan Investment Board lifted its position in shares of Five9 by 36.4% in the fourth quarter. Canada Pension Plan Investment Board now owns 9,000 shares of the software maker's stock worth $366,000 after buying an additional 2,400 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company's stock.

Wall Street Analysts Forecast Growth

FIVN has been the subject of several research analyst reports. KeyCorp initiated coverage on Five9 in a report on Friday, June 6th. They set an "overweight" rating and a $35.00 price target for the company. Barclays lowered their target price on Five9 from $60.00 to $33.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Piper Sandler reduced their price target on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a research report on Monday, July 14th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $40.00 price target on shares of Five9 in a research note on Friday, August 1st. Finally, Royal Bank Of Canada increased their price objective on shares of Five9 from $30.00 to $35.00 and gave the company an "outperform" rating in a research report on Friday, May 2nd. Thirteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, Five9 currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.59.

Insiders Place Their Bets

In other news, CEO Michael Burkland sold 5,475 shares of Five9 stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $28.28, for a total transaction of $154,833.00. Following the completion of the sale, the chief executive officer directly owned 385,987 shares in the company, valued at approximately $10,915,712.36. This trade represents a 1.40% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Bryan M. Lee sold 1,798 shares of the company's stock in a transaction dated Wednesday, June 4th. The stock was sold at an average price of $28.28, for a total transaction of $50,847.44. Following the completion of the transaction, the chief financial officer owned 126,468 shares in the company, valued at approximately $3,576,515.04. The trade was a 1.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 40,609 shares of company stock valued at $1,113,133. Insiders own 1.60% of the company's stock.

Five9 Trading Down 3.2%

Five9 stock traded down $0.87 during midday trading on Monday, reaching $26.70. The stock had a trading volume of 1,540,221 shares, compared to its average volume of 2,477,031. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04. Five9, Inc. has a 52-week low of $21.04 and a 52-week high of $49.90. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 296.70, a price-to-earnings-growth ratio of 2.60 and a beta of 1.17. The company has a fifty day moving average of $26.74 and a 200 day moving average of $28.31.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. During the same quarter in the previous year, the business earned $0.52 earnings per share. The company'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, analysts anticipate that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

About Five9

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.