Five9 (NASDAQ:FIVN) CAO Sells $76,748.65 in Stock

Key Points

• Five9's Chief Accounting Officer, Leena Mansharamani, sold 2,969 shares for approximately $76,748.65, reducing her ownership by 6.67% to 41,522 shares.
• Five9 reported a Q2 earnings per share (EPS) of $0.76, surpassing estimates, with a revenue of $283.27 million, reflecting a 12.4% year-over-year increase.
• Analyst ratings for Five9 include a consensus of "Moderate Buy", with target prices ranging from $31.00 to $40.00 according to various institutions.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) CAO Leena Mansharamani sold 2,969 shares of Five9 stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $25.85, for a total transaction of $76,748.65. Following the completion of the sale, the chief accounting officer owned 41,522 shares of the company's stock, valued at approximately $1,073,343.70. The trade was a 6.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Five9 Price Performance

FIVN stock traded down $0.04 during midday trading on Monday, reaching $26.66. The company had a trading volume of 1,975,212 shares, compared to its average volume of 1,855,679. The stock has a 50 day moving average price of $26.67 and a 200-day moving average price of $27.29. The company has a market capitalization of $2.06 billion, a price-to-earnings ratio of 33.38, a price-to-earnings-growth ratio of 2.52 and a beta of 1.17. 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.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The company's revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the business earned $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. Equities research analysts expect that Five9, Inc. will post 0.28 earnings per share for the current year.

Wall Street Analysts Forecast Growth

FIVN has been the subject of several analyst reports. DA Davidson raised Five9 to a "hold" rating in a research report on Monday, August 4th. KeyCorp began coverage on Five9 in a report on Friday, June 6th. They issued an "overweight" rating and a $35.00 target price for the company. Piper Sandler lowered their price objective on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a research note on Monday, July 14th. Rosenblatt Securities reaffirmed a "buy" rating and set a $36.00 target price on shares of Five9 in a report on Friday, August 1st. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $40.00 target price on shares of Five9 in a research report on Friday, August 1st. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $37.59.

Institutional Trading of Five9

Institutional investors and hedge funds have recently bought and sold shares of the stock. Xponance Inc. grew its stake in Five9 by 4.4% in the first quarter. Xponance Inc. now owns 9,835 shares of the software maker's stock worth $267,000 after purchasing an additional 414 shares during the period. State of Wyoming increased its stake in shares of Five9 by 11.5% in the 1st quarter. State of Wyoming now owns 5,260 shares of the software maker's stock worth $143,000 after acquiring an additional 543 shares in the last quarter. California State Teachers Retirement System lifted its position in Five9 by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker's stock valued at $1,832,000 after acquiring an additional 549 shares during the period. Harbor Capital Advisors Inc. boosted its stake in Five9 by 3.2% during the second quarter. Harbor Capital Advisors Inc. now owns 18,685 shares of the software maker's stock worth $495,000 after acquiring an additional 583 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in Five9 by 10.3% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,240 shares of the software maker's stock valued at $271,000 after buying an additional 953 shares during the last quarter. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.