Sculptor Capital LP Invests $736,000 in Five9, Inc. $FIVN

Key Points

• Sculptor Capital LP invested approximately $736,000 in Five9, Inc., acquiring 27,100 shares in the 1st quarter.
• Recent institutional investments have significantly increased, with notable increases from firms like Stifel Financial Corp and Comerica Bank, enhancing Five9's overall institutional ownership to nearly 97%.
• Despite a decrease in target prices from some analysts, the consensus rating for Five9 remains a "Moderate Buy" with an average price target of $37.59.

Sculptor Capital LP acquired a new position in Five9, Inc. (NASDAQ:FIVN - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 27,100 shares of the software maker's stock, valued at approximately $736,000.

Other institutional investors have also added to or reduced their stakes in the company. Marshall Wace LLP bought a new stake in shares of Five9 in the fourth quarter valued at approximately $402,000. Stifel Financial Corp raised its holdings in Five9 by 90.9% during the 4th quarter. Stifel Financial Corp now owns 24,038 shares of the software maker's stock valued at $977,000 after acquiring an additional 11,449 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Five9 by 7.1% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 55,033 shares of the software maker's stock valued at $2,237,000 after acquiring an additional 3,629 shares during the period. Northern Trust Corp lifted its position in shares of Five9 by 17.3% during the fourth quarter. Northern Trust Corp now owns 469,856 shares of the software maker's stock worth $19,095,000 after acquiring an additional 69,142 shares in the last quarter. Finally, Comerica Bank boosted its holdings in shares of Five9 by 592.9% in the fourth quarter. Comerica Bank now owns 40,835 shares of the software maker's stock worth $1,660,000 after acquiring an additional 34,942 shares during the period. 96.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

FIVN has been the topic of a number of recent research reports. Needham & Company LLC dropped their price objective on Five9 from $52.00 to $40.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. 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. Royal Bank Of Canada boosted their price objective on shares of Five9 from $30.00 to $35.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Evercore ISI lowered their target price on shares of Five9 from $55.00 to $40.00 and set an "outperform" rating on the stock in a research note on Friday, May 2nd. Finally, KeyCorp started coverage on shares of Five9 in a report on Friday, June 6th. They issued an "overweight" rating and a $35.00 price target for the company. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $37.59.

Five9 Stock Performance

NASDAQ FIVN opened at $26.92 on Friday. Five9, Inc. has a 52-week low of $21.04 and a 52-week high of $49.90. The company has a fifty day moving average of $26.69 and a 200-day moving average of $28.10. The company has a market capitalization of $2.08 billion, a P/E ratio of 299.14, a P/E/G ratio of 2.52 and a beta of 1.17. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44.

Five9 (NASDAQ:FIVN - Get Free Report) last released 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. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business had revenue of $283.27 million for the quarter, compared to the consensus estimate of $275.18 million. During the same quarter last year, the business posted $0.52 earnings per share. The company's revenue for the quarter 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, equities research analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insiders Place Their Bets

In other Five9 news, CEO Michael Burkland sold 5,475 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $28.28, for a total value of $154,833.00. Following the completion of the sale, the chief executive officer directly owned 385,987 shares of the company's stock, valued at $10,915,712.36. The trade was a 1.40% decrease in their ownership of the stock. The transaction 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 dated Wednesday, June 4th. The shares were sold at an average price of $27.83, for a total transaction of $81,764.54. Following the sale, the chief accounting officer owned 44,901 shares of the company's stock, valued at approximately $1,249,594.83. The trade was a 6.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 40,609 shares of company stock valued at $1,113,133 over the last 90 days. Company insiders own 1.60% of the company's stock.

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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