Voss Capital LP Invests $28.34 Million in Five9, Inc. $FIVN

Key Points

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Voss Capital LP acquired a new position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 1,043,827 shares of the software maker's stock, valued at approximately $28,340,000. Five9 accounts for about 2.2% of Voss Capital LP's portfolio, making the stock its 15th largest position. Voss Capital LP owned 1.37% of Five9 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Sylebra Capital LLC raised its stake in Five9 by 59.4% during the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker's stock worth $152,228,000 after purchasing an additional 1,396,496 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Five9 by 353.3% during the 4th 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. Van Berkom & Associates Inc. raised its position in shares of Five9 by 14.2% in the 1st quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker's stock worth $58,122,000 after buying an additional 266,484 shares during the period. Wellington Management Group LLP raised its position in shares of Five9 by 50.9% in the 4th quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker's stock worth $72,496,000 after buying an additional 601,348 shares during the period. Finally, Fuller & Thaler Asset Management Inc. boosted its holdings in Five9 by 24.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,564,920 shares of the software maker's stock valued at $42,488,000 after acquiring an additional 308,508 shares during the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Five9 Stock Down 0.9%

NASDAQ FIVN traded down $0.24 on Thursday, reaching $25.51. The company had a trading volume of 1,547,065 shares, compared to its average volume of 2,362,186. 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 1 year low of $21.04 and a 1 year high of $49.90. The firm has a 50-day moving average of $26.74 and a 200-day moving average of $28.71. The firm has a market capitalization of $1.97 billion, a PE ratio of 283.48, a P/E/G ratio of 2.43 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its 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. The business had revenue of $283.27 million for the quarter, compared to analysts' expectations of $275.18 million. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The business's revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company posted $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. On average, equities research analysts anticipate that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FIVN. Royal Bank Of Canada boosted their price target on Five9 from $30.00 to $35.00 and gave the company an "outperform" rating in a research report on Friday, May 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 report on Friday, May 2nd. Barclays dropped their target price on shares of Five9 from $60.00 to $33.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. UBS Group cut their price target on shares of Five9 from $55.00 to $35.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, DA Davidson upgraded shares of Five9 to a "hold" rating in a research note on Monday, August 4th. Thirteen research 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 presently has an average rating of "Moderate Buy" and a consensus price target of $37.59.

Insider Buying and Selling at Five9

In other Five9 news, CFO Bryan M. Lee sold 1,798 shares of the firm's stock in a transaction that occurred 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 owned 126,468 shares in the company, valued at $3,576,515.04. This trade represents a 1.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Panos Kozanian sold 7,043 shares of Five9 stock in a transaction that occurred on Wednesday, August 13th. The stock was sold at an average price of $25.81, for a total value of $181,779.83. Following the sale, the executive vice president owned 116,175 shares in the company, valued at $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. In the last 90 days, insiders sold 40,609 shares of company stock valued at $1,113,133. Company insiders own 1.60% of the company's stock.

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.