Voss Capital LP Purchases Shares of 1,043,827 Five9, Inc. $FIVN

Key Points

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Voss Capital LP bought a new position in shares of Five9, Inc. (NASDAQ:FIVN - Free Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 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 holdings, making the stock its 15th largest holding. Voss Capital LP owned 1.37% of Five9 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Xponance Inc. boosted its holdings in shares of Five9 by 4.4% during the 1st quarter. Xponance Inc. now owns 9,835 shares of the software maker's stock worth $267,000 after buying an additional 414 shares during the period. Wells Fargo & Company MN boosted its holdings in shares of Five9 by 3.6% during the 4th quarter. Wells Fargo & Company MN now owns 24,779 shares of the software maker's stock worth $1,007,000 after buying an additional 852 shares during the period. Banque Transatlantique SA bought a new stake in shares of Five9 during the 4th quarter worth about $36,000. Johnson Financial Group Inc. bought a new stake in shares of Five9 during the 4th quarter worth about $47,000. Finally, State of Wyoming boosted its holdings in Five9 by 41.6% in the 4th quarter. State of Wyoming now owns 4,717 shares of the software maker's stock valued at $192,000 after purchasing an additional 1,386 shares during the period. Institutional investors own 96.64% of the company's stock.

Five9 Price Performance

Shares of NASDAQ:FIVN traded up $2.06 during midday trading on Friday, hitting $27.57. The stock had a trading volume of 2,750,357 shares, compared to its average volume of 2,477,031. The company's 50-day moving average price is $26.76 and its 200-day moving average price is $28.41. The company has a market capitalization of $2.13 billion, a P/E ratio of 306.37, a price-to-earnings-growth ratio of 2.60 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, Inc. has a fifty-two week low of $21.04 and a fifty-two week high of $49.90.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its 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. The company had revenue of $283.27 million during 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 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. As a group, equities research analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling at Five9

In related news, President Andy Dignan sold 4,845 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $28.18, for a total transaction of $136,532.10. Following the completion of the transaction, the president directly owned 227,839 shares in the company, valued at $6,420,503.02. This represents a 2.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Leena Mansharamani sold 2,938 shares of the company's stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $27.83, for a total transaction of $81,764.54. Following the completion of the transaction, the chief accounting officer owned 44,901 shares of the company's stock, valued at approximately $1,249,594.83. This trade represents a 6.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 40,609 shares of company stock worth $1,113,133 over the last 90 days. 1.60% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on FIVN. Piper Sandler cut their price objective on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, July 14th. Needham & Company LLC cut their price objective 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. Evercore ISI cut their price objective on shares of Five9 from $55.00 to $40.00 and set an "outperform" rating for the company in a report on Friday, May 2nd. Wall Street Zen raised shares of Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Finally, Barclays cut their price objective 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. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Five9 has an average rating of "Moderate Buy" and an average target price of $37.59.

Five9 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.