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UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Has $72.75 Million Position in Five9, Inc. $FIVN

Five9 logo with Computer and Technology background

Key Points

  • UBS AM increased its stake in Five9, Inc. by 292.4% in Q1, owning 2,679,356 shares valued at approximately $72.7 million.
  • Five9 reported a Q2 EPS of $0.76, exceeding analysts' expectations and achieving a 12.4% year-over-year revenue growth of $283.27 million.
  • Analysts have given Five9 an average rating of "Moderate Buy" and set a price target of $37.59, with various upgrades from firms such as Rosenblatt and Canaccord Genuity.
  • Five stocks we like better than Five9.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Five9, Inc. (NASDAQ:FIVN - Free Report) by 292.4% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,679,356 shares of the software maker's stock after purchasing an additional 1,996,628 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 3.51% of Five9 worth $72,745,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Five9 by 419.2% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker's stock worth $61,000 after acquiring an additional 1,811 shares during the period. Quarry LP acquired a new stake in shares of Five9 during the first quarter worth $74,000. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Five9 by 11,392.9% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,218 shares of the software maker's stock worth $87,000 after acquiring an additional 3,190 shares during the period. Bayforest Capital Ltd acquired a new stake in shares of Five9 during the first quarter worth $127,000. Finally, State of Wyoming raised its holdings in shares of Five9 by 11.5% during the first quarter. State of Wyoming now owns 5,260 shares of the software maker's stock worth $143,000 after acquiring an additional 543 shares during the period. 96.64% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages recently commented on FIVN. Canaccord Genuity Group restated a "buy" rating and set a $40.00 price objective on shares of Five9 in a report on Friday, August 1st. Rosenblatt Securities reaffirmed a "buy" rating and issued a $36.00 target price on shares of Five9 in a research report on Friday, August 1st. DA Davidson reaffirmed a "neutral" rating and issued a $28.00 target price on shares of Five9 in a research report on Friday, September 12th. Wall Street Zen raised shares of Five9 from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Finally, Piper Sandler decreased their target price on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a research report on Monday, July 14th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Five9 currently has a consensus rating of "Moderate Buy" and an average price target of $37.59.

Read Our Latest Stock Report on Five9

Five9 Stock Performance

NASDAQ FIVN traded up $0.64 during trading on Thursday, reaching $26.58. The company's stock had a trading volume of 1,895,860 shares, compared to its average volume of 1,712,402. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 295.37, a price-to-earnings-growth ratio of 2.44 and a beta of 1.17. Five9, Inc. has a 12 month low of $21.04 and a 12 month high of $49.90. The firm has a 50 day moving average price of $26.38 and a 200 day moving average price of $26.79.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.11. The firm had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The business's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.52 EPS. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. As a group, equities analysts anticipate that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insider Transactions at Five9

In other Five9 news, CEO Michael Burkland sold 18,425 shares of the business's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $25.72, for a total value of $473,891.00. Following the completion of the sale, the chief executive officer owned 367,562 shares of the company's stock, valued at $9,453,694.64. The trade was a 4.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Andy Dignan sold 7,614 shares of the business's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $25.48, for a total transaction of $194,004.72. Following the completion of the sale, the president directly owned 218,125 shares of the company's stock, valued at $5,557,825. This represents a 3.37% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,781 shares of company stock worth $1,565,453. Company insiders own 1.60% of the company's stock.

About Five9

(Free Report)

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.

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Institutional Ownership by Quarter for Five9 (NASDAQ:FIVN)

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