AlphaQuest LLC Acquires 9,601 Shares of Five9, Inc. $FIVN

Key Points

• AlphaQuest LLC increased its investment in Five9, Inc. by 281.2% during the first quarter, now owning 13,015 shares valued at approximately $353,000.
• The software company reported an earnings per share (EPS) of $0.76 for the last quarter, surpassing analysts' expectations of $0.65, with revenue rising by 12.4% year-over-year.
• Analysts generally maintain a positive outlook on Five9, with a consensus rating of "Moderate Buy" and a price target of $37.59, indicating potential future growth.

AlphaQuest LLC increased its holdings in Five9, Inc. (NASDAQ:FIVN - Free Report) by 281.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,015 shares of the software maker's stock after purchasing an additional 9,601 shares during the quarter. AlphaQuest LLC's holdings in Five9 were worth $353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Banque Transatlantique SA bought a new stake in shares of Five9 in the fourth quarter worth about $36,000. Johnson Financial Group Inc. bought a new stake in shares of Five9 in the fourth quarter worth about $47,000. Bayforest Capital Ltd bought a new stake in shares of Five9 in the first quarter worth about $127,000. PNC Financial Services Group Inc. grew its stake in shares of Five9 by 74.7% in the first quarter. PNC Financial Services Group Inc. now owns 6,701 shares of the software maker's stock worth $182,000 after purchasing an additional 2,865 shares during the last quarter. Finally, State of Wyoming grew its stake in shares of Five9 by 41.6% in the fourth quarter. State of Wyoming now owns 4,717 shares of the software maker's stock worth $192,000 after purchasing an additional 1,386 shares during the last quarter. 96.64% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Michael Burkland sold 12,594 shares of the business's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $27.17, for a total value of $342,178.98. Following the completion of the transaction, the chief executive officer directly owned 391,462 shares in the company, valued at $10,636,022.54. The trade was a 3.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Bryan M. Lee sold 1,798 shares of the business's stock in a transaction that occurred on 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 of the company's stock, 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. Insiders sold 40,609 shares of company stock worth $1,113,133 over the last 90 days. 1.60% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on FIVN shares. Canaccord Genuity Group reissued a "buy" rating and issued a $40.00 target price on shares of Five9 in a research note on Friday, August 1st. Piper Sandler lowered their price objective on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, July 14th. Needham & Company LLC lowered their price objective on shares of Five9 from $52.00 to $40.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Barclays lowered their price objective on shares of Five9 from $60.00 to $33.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Finally, Wall Street Zen upgraded shares of Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Thirteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $37.59.

Five9 Stock Up 0.9%

Shares of FIVN stock traded up $0.23 during trading hours on Friday, hitting $26.92. 1,894,500 shares of the company's stock traded hands, compared to its average volume of 2,319,565. The stock's fifty day simple moving average is $26.69 and its two-hundred day simple moving average is $28.00. Five9, Inc. has a 12-month low of $21.04 and a 12-month high of $49.90. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 33.65, a PEG ratio of 2.54 and a beta of 1.17. 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 (NASDAQ:FIVN - Get Free Report) last released 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 net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. During the same period last year, the business earned $0.52 earnings per share. The business's revenue was up 12.4% on a year-over-year basis. 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 expect that Five9, Inc. will post 0.28 EPS for the current year.

Five9 Company Profile

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.