Charles Schwab Investment Management Inc. Trims Stock Position in Five9, Inc. $FIVN

Key Points

• Charles Schwab Investment Management Inc. decreased its holdings in Five9, Inc. by 2.7%, owning 453,002 shares worth approximately $12.3 million after selling 12,700 shares in the first quarter.
• Several institutional investors, including Sylebra Capital LLC and Ameriprise Financial Inc., significantly increased their stakes in Five9, highlighting strong interest among hedge funds.
• Five9 reported a 12.4% revenue growth year-over-year with an EPS of $0.76, exceeding analysts' expectations, and has set guidance for Q3 2025 at $0.720-0.740 EPS.

Charles Schwab Investment Management Inc. lowered its stake in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 2.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 453,002 shares of the software maker's stock after selling 12,700 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.59% of Five9 worth $12,299,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of FIVN. Banque Transatlantique SA bought a new position in Five9 in the fourth quarter valued at approximately $36,000. Johnson Financial Group Inc. bought a new stake in shares of Five9 during the 4th quarter valued at $47,000. Bayforest Capital Ltd bought a new stake in shares of Five9 during the 1st quarter valued at $127,000. State of Wyoming raised its holdings in shares of Five9 by 41.6% during the 4th quarter. State of Wyoming now owns 4,717 shares of the software maker's stock worth $192,000 after buying an additional 1,386 shares in the last quarter. Finally, Menard Financial Group LLC acquired a new position in shares of Five9 during the 4th quarter worth $206,000. Institutional investors and hedge funds own 96.64% of the company's stock.

Five9 Stock Performance

Shares of Five9 stock traded down $0.32 during trading hours on Thursday, reaching $26.69. The company had a trading volume of 941,542 shares, compared to its average volume of 1,907,988. Five9, Inc. has a one year low of $21.04 and a one year high of $49.90. The business has a fifty day simple moving average of $26.70 and a 200 day simple moving average of $28.29. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. The firm has a market cap of $2.06 billion, a PE ratio of 297.26, a price-to-earnings-growth ratio of 2.45 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.11. The firm had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The company's revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.52 earnings per share. 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.

Insiders Place Their Bets

In other Five9 news, EVP Panos Kozanian sold 7,043 shares of the stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $25.81, for a total transaction of $181,779.83. Following the completion of the transaction, the executive vice president owned 116,175 shares of the company's stock, valued at $2,998,476.75. This represents a 5.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Michael Burkland sold 12,594 shares of the stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $27.17, for a total transaction of $342,178.98. Following the completion of the transaction, the chief executive officer directly owned 391,462 shares of the company's stock, valued at approximately $10,636,022.54. The trade was a 3.12% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 40,609 shares of company stock worth $1,113,133 in the last three months. Corporate insiders own 1.60% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on FIVN shares. Piper Sandler lowered their target price on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, July 14th. UBS Group lowered their target price on Five9 from $55.00 to $35.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Needham & Company LLC lowered their target price on Five9 from $52.00 to $40.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Evercore ISI lowered their target price on Five9 from $55.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Finally, KeyCorp initiated coverage on Five9 in a research note on Friday, June 6th. They issued an "overweight" rating and a $35.00 price target for the company. 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 currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.59.

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.