Five9, Inc. $FIVN Shares Sold by Kopp Family Office LLC

Key Points

• Kopp Family Office LLC reduced its stake in Five9, Inc. by 10.0% during the second quarter, now holding approximately 298,870 shares valued at about $7.9 million.
• Five9's stock price has dropped 4.9%, trading at $26.03, with a 12-month range of $21.04 to $49.90.
• The company reported earnings exceeding analysts' expectations, with an EPS of $0.76 for the last quarter, a net margin of 0.80%, and projected a Q3 2025 EPS guidance of 0.720-0.740.

Kopp Family Office LLC trimmed its position in Five9, Inc. (NASDAQ:FIVN - Free Report) by 10.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 298,870 shares of the software maker's stock after selling 33,375 shares during the quarter. Five9 comprises approximately 5.1% of Kopp Family Office LLC's holdings, making the stock its 6th largest position. Kopp Family Office LLC owned 0.39% of Five9 worth $7,914,000 at the end of the most recent reporting period.

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

Five9 Stock Down 4.9%

Shares of NASDAQ:FIVN opened at $26.03 on Wednesday. Five9, Inc. has a 12 month low of $21.04 and a 12 month high of $49.90. The company's 50-day moving average price is $26.40 and its two-hundred day moving average price is $26.60. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04. The firm has a market cap of $2.01 billion, a P/E ratio of 289.25, a P/E/G ratio of 2.58 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million for the quarter, compared to analyst estimates of $275.18 million. During the same quarter in the prior year, the firm earned $0.52 EPS. The company's revenue 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. As a group, research analysts forecast that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insider Activity at Five9

In other Five9 news, CEO Michael Burkland sold 18,425 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $25.72, for a total transaction of $473,891.00. Following the transaction, the chief executive officer directly owned 367,562 shares in the company, valued at approximately $9,453,694.64. This represents a 4.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Panos Kozanian sold 10,860 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $25.87, for a total transaction of $280,948.20. Following the transaction, the executive vice president owned 105,315 shares in the company, valued at approximately $2,724,499.05. The trade was a 9.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,781 shares of company stock worth $1,565,453. Insiders own 1.60% of the company's stock.

Analyst Ratings Changes

FIVN has been the subject of several research analyst reports. KeyCorp initiated coverage on shares of Five9 in a research note on Friday, June 6th. They set an "overweight" rating and a $35.00 target price for the company. Rosenblatt Securities reiterated a "buy" rating and set a $36.00 target price on shares of Five9 in a research note on Friday, August 1st. Wall Street Zen upgraded shares of Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. DA Davidson reissued a "neutral" rating and issued a $28.00 price target on shares of Five9 in a report on Friday, September 12th. Finally, Canaccord Genuity Group reissued a "buy" rating and issued a $40.00 price target on shares of Five9 in a report on Friday, August 1st. 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 currently has a consensus rating of "Moderate Buy" and an average target price of $37.59.

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.

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