Synovus Financial Corp Raises Holdings in Five9, Inc. $FIVN

Key Points

• Synovus Financial Corp increased its stake in Five9, Inc. by 88.2%, acquiring a total of 20,429 shares valued at approximately $555,000 as of its latest filing.
• Analyst ratings for Five9 have varied, with targets being lowered; for example, UBS Group reduced its price target from $55.00 to $35.00, while Wall Street Zen upgraded it from "buy" to "strong-buy."
• Five9's recent earnings report showed a 12.4% revenue increase year-over-year, with an EPS of $0.76, surpassing estimates and prompting positive guidance for Q3 2025.

Synovus Financial Corp raised its position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 88.2% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,429 shares of the software maker's stock after purchasing an additional 9,573 shares during the quarter. Synovus Financial Corp's holdings in Five9 were worth $555,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Sylebra Capital LLC raised its position in Five9 by 59.4% during the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker's stock valued at $152,228,000 after acquiring an additional 1,396,496 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Five9 by 14.8% during the first quarter. Ameriprise Financial Inc. now owns 2,749,505 shares of the software maker's stock worth $74,649,000 after purchasing an additional 353,939 shares in the last quarter. Van Berkom & Associates Inc. boosted its position in Five9 by 14.2% during the first quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker's stock worth $58,122,000 after purchasing an additional 266,484 shares in the last quarter. Wellington Management Group LLP boosted its position in Five9 by 50.9% during the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker's stock worth $72,496,000 after purchasing an additional 601,348 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its position in Five9 by 24.6% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,564,920 shares of the software maker's stock worth $42,488,000 after purchasing an additional 308,508 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Piper Sandler lowered their price target on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a research report on Monday, July 14th. KeyCorp assumed coverage on Five9 in a research report on Friday, June 6th. They set an "overweight" rating and a $35.00 price target on the stock. Rosenblatt Securities reiterated a "buy" rating and set a $36.00 price target on shares of Five9 in a research report on Friday, August 1st. Canaccord Genuity Group reiterated a "buy" rating and set a $40.00 price target on shares of Five9 in a research report on Friday, August 1st. Finally, Barclays lowered their price target on Five9 from $60.00 to $33.00 and set an "overweight" rating on the stock in a research report on Monday, May 5th. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Five9 has an average rating of "Moderate Buy" and a consensus price target of $37.59.

Insider Transactions at Five9

In related news, EVP Panos Kozanian sold 7,043 shares of the stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $25.81, for a total value of $181,779.83. Following the completion of the sale, the executive vice president owned 116,175 shares of the company's stock, valued at approximately $2,998,476.75. This trade represents a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CAO Leena Mansharamani sold 2,938 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $27.83, for a total value of $81,764.54. Following the completion of the sale, the chief accounting officer directly owned 44,901 shares of the company's stock, valued at approximately $1,249,594.83. This represents a 6.14% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 40,609 shares of company stock valued at $1,113,133. 1.60% of the stock is currently owned by company insiders.

Five9 Price Performance

Shares of NASDAQ:FIVN traded up $0.23 during midday trading on Friday, hitting $26.92. The company had a trading volume of 1,894,500 shares, compared to its average volume of 2,099,199. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $49.90. 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 stock has a market cap of $2.08 billion, a price-to-earnings ratio of 299.14, a price-to-earnings-growth ratio of 2.54 and a beta of 1.17. The business's 50-day simple moving average is $26.69 and its 200-day simple moving average is $27.91.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, beating the consensus estimate of $0.65 by $0.11. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The firm had revenue of $283.27 million during the quarter, compared to analysts' expectations of $275.18 million. During the same quarter last year, the firm earned $0.52 earnings per share. The business's revenue for the quarter 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, research analysts predict that Five9, Inc. will post 0.28 earnings per share for the current year.

Five9 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.