Insider Selling: Five9 (NASDAQ:FIVN) CAO Sells 2,969 Shares of 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 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 transaction, the chief accounting officer owned 41,522 shares in the company, valued at approximately $1,073,343.70. This trade represents a 6.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Five9 Price Performance

Shares of FIVN stock traded down $0.26 during mid-day trading on Friday, hitting $25.84. 1,705,844 shares of the stock traded hands, compared to its average volume of 1,733,294. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $49.90. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 287.14, a price-to-earnings-growth ratio of 2.46 and a beta of 1.17. The company's 50-day simple moving average is $26.57 and its 200-day simple moving average is $27.00. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The company had revenue of $283.27 million for the quarter, compared to analysts' expectations of $275.18 million. During the same period last year, the firm earned $0.52 EPS. The firm's revenue for the quarter 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. As a group, equities research analysts expect that Five9, Inc. will post 0.28 earnings per share for the current year.

Analysts Set New Price Targets

FIVN has been the topic of a number of recent research reports. DA Davidson restated a "neutral" rating and issued a $28.00 target price on shares of Five9 in a report on Friday. Rosenblatt Securities restated a "buy" rating and issued a $36.00 target price on shares of Five9 in a report on Friday, August 1st. Canaccord Genuity Group restated a "buy" rating and issued a $40.00 target price on shares of Five9 in a report on Friday, August 1st. KeyCorp initiated coverage on Five9 in a report on Friday, June 6th. They issued an "overweight" rating and a $35.00 target price on the stock. Finally, Piper Sandler decreased their target price on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, Five9 presently has a consensus rating of "Moderate Buy" and a consensus price target of $37.59.

Institutional Investors Weigh In On Five9

A number of institutional investors have recently bought and sold shares of FIVN. Nisa Investment Advisors LLC acquired a new stake in Five9 during the 2nd quarter worth about $32,000. Kayne Anderson Rudnick Investment Management LLC boosted its position in Five9 by 419.2% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker's stock worth $61,000 after acquiring an additional 1,811 shares during the period. Quarry LP acquired a new stake in Five9 during the 1st quarter worth about $74,000. Northwestern Mutual Wealth Management Co. boosted its position in Five9 by 11,392.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,218 shares of the software maker's stock worth $87,000 after acquiring an additional 3,190 shares during the period. Finally, Bayforest Capital Ltd acquired a new stake in Five9 during the 1st quarter worth about $127,000. 96.64% of the stock is currently owned by institutional investors and hedge funds.

About Five9

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.