Nuveen LLC Buys New Position in Five9, Inc. $FIVN

Key Points

• Nuveen LLC acquired a new stake in Five9, Inc., purchasing approximately 331,791 shares valued at $9.01 million, representing about 0.44% of the company.
• Five9 recently reported an earnings per share (EPS) of $0.76, exceeding analyst expectations of $0.65, and saw a 12.4% revenue increase year-over-year.
• The consensus rating for Five9 shares is a "Moderate Buy" with an average target price set at $37.59, amidst fluctuating price objectives from various analysts.

Nuveen LLC acquired a new stake in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 331,791 shares of the software maker's stock, valued at approximately $9,008,000. Nuveen LLC owned about 0.44% of Five9 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of FIVN. Ameriprise Financial Inc. boosted its holdings in shares of Five9 by 353.3% in the fourth quarter. Ameriprise Financial Inc. now owns 2,395,566 shares of the software maker's stock worth $97,356,000 after buying an additional 1,867,137 shares during the last quarter. Sylebra Capital LLC increased 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 during the last quarter. Wellington Management Group LLP boosted its stake in shares of Five9 by 50.9% during the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker's stock valued at $72,496,000 after purchasing an additional 601,348 shares during the period. Assenagon Asset Management S.A. purchased a new stake in Five9 in the first quarter worth about $15,777,000. Finally, Segall Bryant & Hamill LLC lifted its position in shares of Five9 by 254.2% during the first quarter. Segall Bryant & Hamill LLC now owns 763,310 shares of the software maker's stock valued at $20,724,000 after buying an additional 547,794 shares during the last quarter. 96.64% of the stock is owned by hedge funds and other institutional investors.

Five9 Stock Up 0.9%

Shares of FIVN traded up $0.23 during trading on Friday, reaching $26.92. The company's stock had a trading volume of 1,894,500 shares, compared to its average volume of 2,319,565. The company has a fifty day moving average of $26.69 and a two-hundred day moving average of $28.10. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $49.90. The company has a market cap of $2.08 billion, a price-to-earnings ratio of 299.14, a P/E/G ratio of 2.52 and a beta of 1.17. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share 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 the consensus estimate of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business's quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the business earned $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. On average, sell-side analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling

In other news, CFO Bryan M. Lee sold 1,798 shares of the company's stock in a transaction on Wednesday, June 4th. The stock was sold at an average price of $28.28, for a total transaction of $50,847.44. Following the completion of the sale, the chief financial officer directly owned 126,468 shares of the company's stock, valued at $3,576,515.04. This represents a 1.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CAO Leena Mansharamani sold 2,938 shares of the company's stock in a transaction 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 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 ownership of the stock. 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. Company insiders own 1.60% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have commented on FIVN. UBS Group lowered their price objective on Five9 from $55.00 to $35.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Piper Sandler cut their price objective on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a research report on Monday, July 14th. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Needham & Company LLC decreased their target price on Five9 from $52.00 to $40.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, KeyCorp started 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. Thirteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus 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.