Five9 (NASDAQ:FIVN) CEO Michael Burkland Sells 18,425 Shares

Key Points

• Michael Burkland, CEO of Five9, sold 18,425 shares of company stock for $473,891, reducing his ownership by 4.77% to 367,562 shares.
• Five9's stock is currently priced at $26.66, with a twelve-month trading range between $21.04 and $49.90.
• In its latest earnings report, Five9 beat expectations with $0.76 EPS and reported revenue of $283.27 million, up 12.4% year-over-year.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) CEO Michael Burkland sold 18,425 shares of the firm's stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $25.72, for a total value of $473,891.00. Following the transaction, the chief executive officer owned 367,562 shares in the company, valued at $9,453,694.64. The trade was a 4.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Five9 Trading Down 1.0%

FIVN traded down $0.26 during trading on Friday, hitting $25.84. 1,705,844 shares of the stock were exchanged, compared to its average volume of 1,733,294. The firm has a 50 day simple moving average of $26.57 and a 200 day simple moving average of $27.00. The firm has a market cap of $2.00 billion, a price-to-earnings ratio of 287.14, a P/E/G ratio of 2.46 and a beta of 1.17. Five9, Inc. has a 1 year low of $21.04 and a 1 year high of $49.90. 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 released its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, topping the consensus estimate of $0.65 by $0.11. The company had revenue of $283.27 million for the quarter, compared to the consensus estimate of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.Five9's quarterly revenue was up 12.4% on a year-over-year basis. During the same period last year, the business posted $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 analysts expect that Five9, Inc. will post 0.28 EPS for the current year.

Institutional Trading of Five9

Institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC acquired a new stake in shares of Five9 in the 2nd quarter worth $32,000. Kayne Anderson Rudnick Investment Management LLC lifted 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. lifted 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. Institutional investors and hedge funds own 96.64% of the company's stock.

Analyst Upgrades and Downgrades

FIVN has been the topic of a number of analyst reports. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Piper Sandler cut their price target on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Canaccord Genuity Group reiterated a "buy" rating and issued a $40.00 price target 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 price target on the stock. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $36.00 price target on shares of Five9 in a report on Friday, August 1st. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.59.

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.