Gagnon Securities LLC Buys 28,393 Shares of Five9, Inc. $FIVN

Key Points

• Gagnon Securities LLC increased its stake in Five9, Inc. by 7.5%, acquiring an additional 28,393 shares, bringing its total holdings to 407,452 shares.
• Five9's stocks recently faced a decline of 4.0% and currently have a market capitalization of $1.71 billion with a price-to-earnings ratio of 246.36.
• Recent earnings reports indicated that Five9 outperformed analysts' expectations with an EPS of $0.76 for the last quarter, exceeding the consensus estimate of $0.65.

Gagnon Securities LLC increased its stake in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 7.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 407,452 shares of the software maker's stock after acquiring an additional 28,393 shares during the quarter. Five9 makes up 2.2% of Gagnon Securities LLC's investment portfolio, making the stock its 20th largest position. Gagnon Securities LLC owned approximately 0.53% of Five9 worth $10,789,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of FIVN. GAMMA Investing LLC grew its position in Five9 by 3,107.9% during the 1st quarter. GAMMA Investing LLC now owns 11,837 shares of the software maker's stock worth $321,000 after acquiring an additional 11,468 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Five9 in the 1st quarter worth approximately $491,000. SG Americas Securities LLC grew its position in shares of Five9 by 124.6% in the 1st quarter. SG Americas Securities LLC now owns 24,780 shares of the software maker's stock worth $673,000 after buying an additional 13,748 shares during the last quarter. Handelsbanken Fonder AB grew its position in shares of Five9 by 43.1% in the 1st quarter. Handelsbanken Fonder AB now owns 24,895 shares of the software maker's stock worth $676,000 after buying an additional 7,500 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Five9 in the 1st quarter worth approximately $15,777,000. 96.64% of the stock is currently owned by institutional investors.

Five9 Stock Down 4.0%

Shares of NASDAQ:FIVN opened at $22.17 on Wednesday. The stock has a fifty day simple moving average of $25.63 and a two-hundred day simple moving average of $26.20. The stock has a market capitalization of $1.71 billion, a price-to-earnings ratio of 246.36, a PEG ratio of 2.18 and a beta of 1.19. Five9, Inc. has a 12-month low of $21.04 and a 12-month high of $49.90. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 1.04.

Five9 (NASDAQ:FIVN - Get Free Report) last announced 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 business 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%.The firm's quarterly revenue was up 12.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, research analysts anticipate that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Insider Transactions at Five9

In related news, President Andy Dignan sold 7,614 shares of Five9 stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.48, for a total value of $194,004.72. Following the completion of the sale, the president owned 218,125 shares of the company's stock, valued at $5,557,825. The trade was a 3.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Michael Burkland sold 18,425 shares of Five9 stock in a transaction on Thursday, September 4th. The stock was 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 directly 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 disclosure for this sale can be found here. Over the last ninety days, insiders have sold 60,781 shares of company stock valued at $1,563,724. Insiders own 1.60% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on FIVN. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Wells Fargo & Company began coverage on Five9 in a research report on Tuesday, September 30th. They issued an "equal weight" rating and a $28.00 price objective on the stock. Canaccord Genuity Group reiterated a "buy" rating and issued a $40.00 price objective on shares of Five9 in a research report on Friday, August 1st. DA Davidson reiterated a "neutral" rating and issued a $28.00 price objective on shares of Five9 in a research report on Friday, September 12th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Five9 in a research note on Saturday, September 27th. Thirteen analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $37.88.

Five9 Company 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.

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