Five9 (NASDAQ:FIVN) CEO Sells $473,891.00 in Stock

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 Five9 stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $25.72, for a total transaction of $473,891.00. Following the completion of the transaction, the chief executive officer directly owned 367,562 shares in the company, valued at $9,453,694.64. This trade represents a 4.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Five9 Price Performance

NASDAQ:FIVN traded down $0.04 during trading hours on Monday, hitting $26.66. The company's stock had a trading volume of 1,975,212 shares, compared to its average volume of 1,855,679. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $49.90. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. The stock has a fifty day simple moving average of $26.67 and a 200-day simple moving average of $27.29. The company has a market capitalization of $2.06 billion, a P/E ratio of 33.38, a PEG ratio of 2.52 and a beta of 1.17.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.11. The company 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 for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior 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. On average, analysts anticipate that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Institutional Investors Weigh In On Five9

Institutional investors and hedge funds have recently bought and sold shares of the stock. Quantinno Capital Management LP bought a new stake in shares of Five9 in the 4th quarter worth $287,000. Royal Bank of Canada boosted its holdings in shares of Five9 by 6.0% in the 4th quarter. Royal Bank of Canada now owns 369,001 shares of the software maker's stock worth $14,997,000 after buying an additional 20,775 shares during the last quarter. Man Group plc bought a new position in shares of Five9 during the 4th quarter valued at approximately $354,000. Cetera Investment Advisers grew its holdings in Five9 by 60.1% during the fourth quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker's stock valued at $545,000 after purchasing an additional 5,032 shares during the period. Finally, Teacher Retirement System of Texas bought a new position in Five9 during the first quarter worth about $433,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. KeyCorp began coverage on Five9 in a research note on Friday, June 6th. They issued an "overweight" rating and a $35.00 price objective on the stock. Piper Sandler lowered their price objective on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a research report on Monday, July 14th. Canaccord Genuity Group reaffirmed a "buy" rating and set a $40.00 target price on shares of Five9 in a research note on Friday, August 1st. Rosenblatt Securities restated a "buy" rating and set a $36.00 price target on shares of Five9 in a report on Friday, August 1st. Finally, Wall Street Zen upgraded shares of Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Thirteen 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, Five9 has a consensus rating of "Moderate Buy" and a consensus target price 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.

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