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Five9 (NASDAQ:FIVN) CFO Bryan M. Lee Sells 1,889 Shares

Five9 logo with Computer and Technology background

Key Points

  • Five9 CFO Bryan Lee sold 1,889 shares of the company's stock for $25.72 each, totaling approximately $48,585, reducing his ownership by 0.79% to 237,488 shares valued at over $6.1 million.
  • The company reported earnings of $0.76 per share for the last quarter, exceeding analysts' expectations by $0.11, with revenues of $283.27 million, a 12.4% increase year-over-year.
  • Analysts maintain a consensus rating of "Moderate Buy" for Five9, with an average price target of $37.59, following upgrades and sustaining ratings from several firms.
  • MarketBeat previews top five stocks to own in November.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) CFO Bryan M. Lee sold 1,889 shares of Five9 stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $25.72, for a total transaction of $48,585.08. Following the completion of the sale, the chief financial officer directly owned 237,488 shares of the company's stock, valued at $6,108,191.36. The trade was a 0.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Five9 Trading Down 1.0%

FIVN stock traded down $0.26 during midday trading on Friday, hitting $25.84. The stock had a trading volume of 1,705,844 shares, compared to its average volume of 1,733,294. The firm has a market cap of $2.00 billion, a PE ratio of 287.14, a price-to-earnings-growth ratio of 2.46 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 12-month low of $21.04 and a 12-month high of $49.90. The company's 50-day moving average price is $26.57 and its 200 day moving average price is $27.00.

Five9 (NASDAQ:FIVN - Get Free Report) last released its earnings results 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 firm 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%. Five9's revenue for the quarter was up 12.4% on a year-over-year basis. 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. On average, equities research analysts predict that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Institutional Trading of Five9

Several institutional investors have recently made changes to their positions in FIVN. Northern Trust Corp boosted its position in Five9 by 17.3% during the 4th quarter. Northern Trust Corp now owns 469,856 shares of the software maker's stock worth $19,095,000 after purchasing an additional 69,142 shares during the period. Comerica Bank boosted its position in Five9 by 592.9% during the 4th quarter. Comerica Bank now owns 40,835 shares of the software maker's stock worth $1,660,000 after purchasing an additional 34,942 shares during the period. Cetera Investment Advisers boosted its position in Five9 by 60.1% during the 4th quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker's stock worth $545,000 after purchasing an additional 5,032 shares during the period. Ensign Peak Advisors Inc boosted its position in Five9 by 10.5% during the 4th quarter. Ensign Peak Advisors Inc now owns 25,285 shares of the software maker's stock worth $1,028,000 after purchasing an additional 2,400 shares during the period. Finally, Jefferies Financial Group Inc. purchased a new stake in Five9 during the 4th quarter worth $1,048,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on FIVN. Rosenblatt Securities reaffirmed a "buy" rating and issued a $36.00 target price on shares of Five9 in a research note on Friday, August 1st. Wall Street Zen raised shares of Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. KeyCorp assumed coverage on shares of Five9 in a research note on Friday, June 6th. They set an "overweight" rating and a $35.00 price objective for the company. Piper Sandler lowered their price objective on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a research note on Monday, July 14th. Finally, Canaccord Genuity Group reissued a "buy" rating and set a $40.00 price objective on shares of Five9 in a research note 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 MarketBeat.com, Five9 presently has a consensus rating of "Moderate Buy" and a consensus target price of $37.59.

Read Our Latest Stock Report on FIVN

Five9 Company Profile

(Get Free Report)

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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