Five9, Inc. $FIVN Shares Sold by Northern Trust Corp

Key Points

• Northern Trust Corp reduced its stake in Five9, Inc. by 4.2%, holding approximately 0.59% of the company worth $12.22 million after selling 19,846 shares in the first quarter.
• Several large investors, including Sylebra Capital LLC and Ameriprise Financial Inc., have significantly increased their stakes in Five9 during the fourth quarter.
• Five9's earnings beat analyst expectations with $0.76 EPS reported, and the company is guiding for Q3 2025 EPS between $0.720 and $0.740.

Northern Trust Corp lowered its position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 4.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 450,010 shares of the software maker's stock after selling 19,846 shares during the period. Northern Trust Corp owned approximately 0.59% of Five9 worth $12,218,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in FIVN. Xponance Inc. boosted its position in shares of Five9 by 4.4% during the 1st quarter. Xponance Inc. now owns 9,835 shares of the software maker's stock worth $267,000 after purchasing an additional 414 shares during the period. State of Wyoming lifted its position in shares of Five9 by 41.6% during the 4th quarter. State of Wyoming now owns 4,717 shares of the software maker's stock worth $192,000 after purchasing an additional 1,386 shares during the last quarter. Nuveen Asset Management LLC lifted its position in shares of Five9 by 1.1% during the 4th quarter. Nuveen Asset Management LLC now owns 136,641 shares of the software maker's stock worth $5,553,000 after purchasing an additional 1,440 shares during the last quarter. Ensign Peak Advisors Inc lifted its position in shares of Five9 by 10.5% during the 4th quarter. Ensign Peak Advisors Inc now owns 25,285 shares of the software maker's stock worth $1,028,000 after purchasing an additional 2,400 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its position in shares of Five9 by 74.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,701 shares of the software maker's stock worth $182,000 after purchasing an additional 2,865 shares during the last quarter. Institutional investors and hedge funds own 96.64% of the company's stock.

Five9 Stock Performance

Shares of NASDAQ:FIVN traded down $1.10 during midday trading on Wednesday, hitting $25.28. The stock had a trading volume of 2,084,490 shares, compared to its average volume of 1,798,751. The company has a market capitalization of $1.95 billion, a PE ratio of 280.92, a P/E/G ratio of 2.49 and a beta of 1.17. The stock has a 50 day moving average price of $26.64 and a two-hundred day moving average price of $27.27. 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, Inc. has a 1 year low of $21.04 and a 1 year high of $49.90.

Five9 (NASDAQ:FIVN - Get Free Report) last released 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. The firm had revenue of $283.27 million for 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 firm's revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm 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. As a group, equities analysts predict that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on FIVN shares. Piper Sandler decreased their price objective 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. KeyCorp started coverage on shares of Five9 in a research note on Friday, June 6th. They set an "overweight" rating and a $35.00 price target on the stock. Canaccord Genuity Group restated a "buy" rating and issued a $40.00 price objective on shares of Five9 in a research note on Friday, August 1st. DA Davidson upgraded shares of Five9 to a "hold" rating in a research note on Monday, August 4th. Finally, Wall Street Zen upgraded shares of Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Thirteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $37.59.

Insider Activity

In related news, 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 sale, the president owned 218,125 shares of the company's stock, valued at approximately $5,557,825. The trade was a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Tiffany N. Meriweather sold 7,861 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 $202,184.92. Following the completion of the sale, the insider directly owned 218,978 shares in the company, valued at $5,632,114.16. This trade represents a 3.47% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 60,781 shares of company stock valued at $1,565,453 in the last quarter. Insiders own 1.60% of the company's stock.

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.