Allianz Asset Management GmbH Invests $6.69 Million in Five9, Inc. $FIVN

Key Points

• Allianz Asset Management acquired 313,767 Five9 shares worth approximately $6.69 million, giving it a 0.41% stake. Institutional investors collectively own 96.64% of the company.
• Analysts remain broadly positive, with Five9 holding a consensus “Moderate Buy” rating and an average price target of $33.14; several firms recently raised their targets to between $32 and $40.
• Five9 exceeded quarterly earnings and revenue expectations, reporting $0.70 EPS and $312.44 million in revenue, up 10.3% year over year. Shares opened at $31.23 after recently declining 6.1%, while insiders have sold $843,087 worth of stock over the past 90 days.

Allianz Asset Management GmbH purchased a new stake in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 313,767 shares of the software maker's stock, valued at approximately $6,690,000. Allianz Asset Management GmbH owned approximately 0.41% of Five9 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Dana Investment Advisors Inc. lifted its stake in Five9 by 74.5% during the 4th quarter. Dana Investment Advisors Inc. now owns 222,515 shares of the software maker's stock valued at $4,461,000 after acquiring an additional 95,032 shares during the period. Glenmede Trust Co. NA grew its stake in shares of Five9 by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker's stock worth $8,763,000 after acquiring an additional 151,974 shares during the period. OneDigital Investment Advisors LLC bought a new stake in shares of Five9 in the second quarter worth approximately $1,034,000. Nierenberg Investment Management Company LLC bought a new stake in shares of Five9 in the second quarter worth approximately $2,895,469. Finally, Healthcare of Ontario Pension Plan Trust Fund purchased a new position in shares of Five9 during the first quarter valued at approximately $782,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on FIVN shares. Wells Fargo & Company raised their target price on shares of Five9 from $24.00 to $32.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 25th. Royal Bank Of Canada boosted their target price on shares of Five9 from $25.00 to $35.00 and gave the company an "outperform" rating in a research note on Friday, August 7th. Truist Financial boosted their target price on shares of Five9 from $35.00 to $40.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Rosenblatt Securities increased their price target on Five9 from $29.00 to $32.00 and gave the company a "buy" rating in a report on Friday, August 7th. Finally, Wall Street Zen downgraded Five9 from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $33.14.

Insider Transactions at Five9

In related news, President Andy Dignan sold 17,767 shares of the business's stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01. Following the completion of the transaction, the president directly owned 257,920 shares in the company, valued at approximately $9,034,937.60. The trade was a 6.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Leena Mansharamani sold 2,706 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $33.35, for a total transaction of $90,245.10. Following the completion of the sale, the chief accounting officer directly owned 53,670 shares of the company's stock, valued at $1,789,894.50. This represents a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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. Over the last ninety days, insiders have sold 24,384 shares of company stock worth $843,087. Insiders own 1.20% of the company's stock.

Five9 Stock Down 6.1%

Shares of FIVN stock opened at $31.23 on Wednesday. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $35.18. The stock has a market cap of $2.39 billion, a P/E ratio of 45.26 and a beta of 1.48. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94. The company has a 50 day simple moving average of $29.04 and a two-hundred day simple moving average of $22.33.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The business had revenue of $312.44 million for the quarter, compared to the consensus estimate of $306.61 million. During the same period last year, the firm earned $0.76 earnings per share. The company'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. On average, research analysts expect that Five9, Inc. will post 1.55 earnings per share for the current 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.

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