Five9, Inc. $FIVN Stake Reduced by Sylebra Capital LLC

Key Points

• Sylebra Capital LLC reduced its stake in Five9, Inc. by 61.5%, selling 1,448,602 shares and leaving it with 905,212 shares, making Five9 just 1.2% of its investment portfolio.
• Five9 reported a quarterly EPS of $0.76, exceeding expectations, with revenue of $283.27 million, reflecting a 12.4% year-over-year increase.
• Five9's stock has received multiple ratings upgrades, with a consensus rating of "Moderate Buy" and an average price target of $37.59.

Sylebra Capital LLC trimmed its stake in Five9, Inc. (NASDAQ:FIVN - Free Report) by 61.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 905,212 shares of the software maker's stock after selling 1,448,602 shares during the quarter. Five9 comprises 1.2% of Sylebra Capital LLC's portfolio, making the stock its 17th largest position. Sylebra Capital LLC owned about 1.19% of Five9 worth $24,577,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Quantinno Capital Management LP acquired a new position in shares of Five9 in the 4th quarter valued at $287,000. Royal Bank of Canada boosted its holdings in Five9 by 6.0% in the fourth quarter. Royal Bank of Canada now owns 369,001 shares of the software maker's stock valued at $14,997,000 after acquiring an additional 20,775 shares during the last quarter. Man Group plc purchased a new stake in Five9 during the fourth quarter valued at about $354,000. Cetera Investment Advisers increased its stake in Five9 by 60.1% during the fourth quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker's stock worth $545,000 after acquiring an additional 5,032 shares during the last quarter. Finally, Teacher Retirement System of Texas purchased a new position in shares of Five9 in the 1st quarter worth about $433,000. Hedge funds and other institutional investors own 96.64% of the company's stock.

Five9 Stock Down 4.2%

Shares of NASDAQ:FIVN traded down $1.10 during midday trading on Wednesday, reaching $25.28. The company had a trading volume of 2,084,490 shares, compared to its average volume of 1,798,751. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. Five9, Inc. has a one year low of $21.04 and a one year high of $49.90. The stock's fifty day moving average price is $26.64 and its 200-day moving average price is $27.27. The stock has a market capitalization of $1.95 billion, a P/E ratio of 32.97, a PEG ratio of 2.49 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings results 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 return on equity of 8.91% and a net margin of 0.80%.The business had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. During the same period last year, the firm earned $0.52 earnings per share. The company's revenue for the quarter was up 12.4% compared to the same quarter last year. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. Equities research analysts expect that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Insider Activity

In other Five9 news, CAO Leena Mansharamani sold 2,969 shares of Five9 stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $25.85, for a total value of $76,748.65. Following the completion of the transaction, the chief accounting officer owned 41,522 shares of the company's stock, valued at $1,073,343.70. The trade was a 6.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Tiffany N. Meriweather sold 7,861 shares of the business's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $25.72, for a total transaction of $202,184.92. Following the sale, the insider owned 218,978 shares of the company's stock, valued at approximately $5,632,114.16. The trade was a 3.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 60,781 shares of company stock valued at $1,565,453 over the last three months. 1.60% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

FIVN has been the subject of a number of research reports. KeyCorp initiated coverage on Five9 in a report on Friday, June 6th. They set an "overweight" rating and a $35.00 target price for the company. DA Davidson upgraded shares of Five9 to a "hold" rating in a research note on Monday, August 4th. Rosenblatt Securities reissued a "buy" rating and issued a $36.00 target price on shares of Five9 in a research note on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and set a $40.00 target price on shares of Five9 in a report on Friday, August 1st. Finally, Piper Sandler lowered their price target on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, July 14th. Thirteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $37.59.

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.