Empowered Funds LLC Makes New $4.79 Million Investment in Five9, Inc. $FIVN

Key Points

• Empowered Funds LLC initiated a $4.79 million position in Five9, purchasing 224,825 shares, while institutional investors collectively owned 96.64% of the company at quarter-end.
• Five9 exceeded quarterly expectations with $0.70 in EPS versus $0.68 forecast and $312.44 million in revenue, up 10.3% year over year. The company issued third-quarter EPS guidance of $0.77–$0.81 and full-year guidance of $3.22–$3.30.
• Analyst sentiment remains moderately bullish, with a consensus “Moderate Buy” rating and a $33.14 price target, although some firms recently downgraded their ratings to “Hold” or “Buy.”

Empowered Funds LLC purchased a new position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 224,825 shares of the software maker's stock, valued at approximately $4,793,000. Empowered Funds LLC owned approximately 0.29% of Five9 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Jefferies Financial Group Inc. purchased a new stake in Five9 in the second quarter worth about $861,000. Corient Private Wealth LP bought a new position in Five9 during the 2nd quarter worth about $2,317,000. Freestone Grove Partners LP purchased a new position in Five9 during the 2nd quarter valued at about $700,000. Jupiter Topco LLC purchased a new position in Five9 during the 2nd quarter valued at about $670,000. Finally, ABS Investment Management LLC bought a new stake in shares of Five9 in the 2nd quarter valued at about $2,132,000. Hedge funds and other institutional investors own 96.64% of the company's stock.

Insider Activity at Five9

In other Five9 news, CRO Matthew E. Tuckness sold 8,645 shares of the company's stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $214,482.45. Following the transaction, the executive owned 281,492 shares in the company, valued at approximately $6,983,816.52. This represents a 2.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan M. Lee sold 1,511 shares of the company's stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $24.25, for a total transaction of $36,641.75. Following the transaction, the chief financial officer owned 309,951 shares in the company, valued at $7,516,311.75. The trade was a 0.49% decrease in their position. 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. Insiders have sold 56,003 shares of company stock worth $1,386,457 in the last 90 days. 1.20% of the stock is owned by insiders.

Five9 Price Performance

Shares of NASDAQ FIVN opened at $34.56 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The company has a market cap of $2.65 billion, a PE ratio of 50.09 and a beta of 1.42. The business has a 50-day simple moving average of $27.49 and a two-hundred day simple moving average of $21.63. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $35.17.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.02. The business had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The company's revenue was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.76 earnings per share. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, equities analysts expect that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on FIVN shares. Royal Bank Of Canada upped their price target on shares of Five9 from $25.00 to $35.00 and gave the stock an "outperform" rating in a research report on Friday, August 7th. Wall Street Zen downgraded shares of Five9 from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. Zacks Research lowered Five9 from a "strong-buy" rating to a "hold" rating in a report on Thursday, July 30th. Rosenblatt Securities upped their target price on Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Finally, Cantor Fitzgerald increased their target price on Five9 from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Monday, August 3rd. Ten analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat, Five9 has an average rating of "Moderate Buy" and a consensus price target of $33.14.

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.

Want to see what other hedge funds are holding FIVN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five9, Inc. (NASDAQ:FIVN - Free Report).

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