Fuller & Thaler Asset Management Inc. Increases Stock Holdings in Five9, Inc. $FIVN

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in Five9, Inc. by 24.6%, acquiring a total of 1,564,920 shares valued at approximately $42.5 million.
• Institutional investors own 96.64% of Five9's stock, indicating strong institutional interest in the company.
• Five9 reported a 12.4% year-over-year revenue increase, with quarterly earnings of $0.76 per share, surpassing analysts' expectations.

Fuller & Thaler Asset Management Inc. raised its stake in Five9, Inc. (NASDAQ:FIVN - Free Report) by 24.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,564,920 shares of the software maker's stock after purchasing an additional 308,508 shares during the quarter. Fuller & Thaler Asset Management Inc. owned 2.05% of Five9 worth $42,488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of FIVN. Ameriprise Financial Inc. grew its stake in shares of Five9 by 353.3% in the 4th quarter. Ameriprise Financial Inc. now owns 2,395,566 shares of the software maker's stock valued at $97,356,000 after purchasing an additional 1,867,137 shares during the last quarter. Sylebra Capital LLC grew its stake in shares of Five9 by 59.4% in the 4th quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker's stock valued at $152,228,000 after purchasing an additional 1,396,496 shares during the last quarter. Wellington Management Group LLP grew its stake in shares of Five9 by 50.9% in the 4th quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker's stock valued at $72,496,000 after purchasing an additional 601,348 shares during the last quarter. Assenagon Asset Management S.A. purchased a new position in shares of Five9 in the 1st quarter valued at approximately $15,777,000. Finally, Segall Bryant & Hamill LLC grew its stake in shares of Five9 by 254.2% in the 1st quarter. Segall Bryant & Hamill LLC now owns 763,310 shares of the software maker's stock valued at $20,724,000 after purchasing an additional 547,794 shares during the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, President Andy Dignan sold 4,845 shares of Five9 stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $28.18, for a total transaction of $136,532.10. Following the completion of the transaction, the president directly owned 227,839 shares of the company's stock, valued at approximately $6,420,503.02. The trade was a 2.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Bryan M. Lee sold 1,798 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 value of $50,847.44. Following the transaction, the chief financial officer directly owned 126,468 shares of the company's stock, valued at approximately $3,576,515.04. This represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,609 shares of company stock valued at $1,113,133 in the last 90 days. Insiders own 1.60% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on FIVN shares. UBS Group lowered their target price on Five9 from $55.00 to $35.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Evercore ISI reduced their price target on Five9 from $55.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. DA Davidson raised Five9 to a "hold" rating in a report on Monday, August 4th. Jefferies Financial Group reduced their price target on Five9 from $45.00 to $28.00 and set a "hold" rating for the company in a report on Monday, April 28th. Finally, Wall Street Zen raised Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $37.59.

Five9 Price Performance

FIVN stock traded up $2.06 during midday trading on Friday, hitting $27.57. 2,750,357 shares of the stock were exchanged, compared to its average volume of 2,477,031. The stock's 50-day moving average price is $26.76 and its 200-day moving average price is $28.41. The stock has a market cap of $2.13 billion, a price-to-earnings ratio of 306.37, a PEG ratio of 2.60 and a beta of 1.17. Five9, Inc. has a fifty-two week low of $21.04 and a fifty-two week high of $49.90. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings data 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 analysts' expectations of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.Five9's revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the firm 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. Research analysts predict that Five9, Inc. will post 0.28 earnings per share for the current 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.