Five9, Inc. $FIVN Holdings Lowered by Vanguard Group Inc.

Key Points

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Vanguard Group Inc. lowered its position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) by 4.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 8,538,285 shares of the software maker's stock after selling 379,452 shares during the quarter. Vanguard Group Inc. owned approximately 11.19% of Five9 worth $231,814,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of FIVN. LPL Financial LLC purchased a new position in Five9 during the fourth quarter worth approximately $328,000. Wells Fargo & Company MN raised its stake in Five9 by 3.6% during the fourth quarter. Wells Fargo & Company MN now owns 24,779 shares of the software maker's stock worth $1,007,000 after purchasing an additional 852 shares during the period. Guggenheim Capital LLC purchased a new position in Five9 during the fourth quarter worth approximately $348,000. Marshall Wace LLP purchased a new position in Five9 during the fourth quarter worth approximately $402,000. Finally, Canada Pension Plan Investment Board raised its stake in Five9 by 36.4% during the fourth quarter. Canada Pension Plan Investment Board now owns 9,000 shares of the software maker's stock worth $366,000 after purchasing an additional 2,400 shares during the period. Institutional investors and hedge funds own 96.64% of the company's stock.

Insider Transactions at Five9

In related news, President Andy Dignan sold 4,845 shares of Five9 stock in a transaction dated Wednesday, June 4th. The shares were sold at an average price of $28.18, for a total value of $136,532.10. Following the sale, the president directly owned 227,839 shares in the company, valued at $6,420,503.02. This trade represents a 2.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Panos Kozanian sold 7,043 shares of Five9 stock in a transaction dated Wednesday, August 13th. The shares were sold at an average price of $25.81, for a total transaction of $181,779.83. Following the completion of the sale, the executive vice president owned 116,175 shares in the company, valued at approximately $2,998,476.75. This represents a 5.72% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 40,609 shares of company stock worth $1,113,133 over the last 90 days. Corporate insiders own 1.60% of the company's stock.

Analysts Set New Price Targets

FIVN has been the topic of a number of recent analyst reports. Jefferies Financial Group cut their price target on shares of Five9 from $45.00 to $28.00 and set a "hold" rating on the stock in a research note on Monday, April 28th. Canaccord Genuity Group reissued a "buy" rating and issued a $40.00 target price on shares of Five9 in a research note on Friday, August 1st. DA Davidson raised shares of Five9 to a "hold" rating in a report on Monday, August 4th. Barclays lowered their price target on shares of Five9 from $60.00 to $33.00 and set an "overweight" rating for the company in a report on Monday, May 5th. Finally, Needham & Company LLC lowered their price target on shares of Five9 from $52.00 to $40.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Thirteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $37.59.

Five9 Stock Performance

Shares of NASDAQ FIVN traded up $2.06 during midday trading on Friday, hitting $27.57. The company's stock had a trading volume of 2,750,357 shares, compared to its average volume of 2,387,757. Five9, Inc. has a 1-year low of $21.04 and a 1-year high of $49.90. The firm's fifty day moving average price is $26.76 and its 200-day moving average price is $28.51. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44. The firm has a market cap of $2.13 billion, a P/E ratio of 306.37, a P/E/G ratio of 2.60 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, beating the consensus estimate of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The business had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. During the same period in the previous year, the business posted $0.52 EPS. The company's quarterly revenue 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. On average, sell-side analysts forecast that Five9, Inc. will post 0.28 EPS for the current fiscal year.

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.