Five9 (NASDAQ:FIVN) EVP Panos Kozanian Sells 10,860 Shares

Key Points

• Panos Kozanian, EVP of Five9, sold 10,860 shares of stock at an average price of $25.87, totaling approximately $280,948, reducing his ownership by 9.35%.
• Five9's recent earnings report showed an earnings per share of $0.76, surpassing analysts' estimates of $0.65, with a revenue increase of 12.4% year-over-year to $283.27 million.
• The company has a market capitalization of $2.06 billion and maintains a consensus rating of "Moderate Buy" with a target price of $37.59 from analysts.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) EVP Panos Kozanian sold 10,860 shares of the business's stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $25.87, for a total value of $280,948.20. Following the sale, the executive vice president owned 105,315 shares in the company, valued at approximately $2,724,499.05. The trade was a 9.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Panos Kozanian also recently made the following trade(s):

• On Wednesday, August 13th, Panos Kozanian sold 7,043 shares of Five9 stock. The stock was sold at an average price of $25.81, for a total transaction of $181,779.83.

Five9 Price Performance

Shares of NASDAQ FIVN traded down $0.04 during trading hours on Monday, reaching $26.66. 1,975,212 shares of the stock traded hands, compared to its average volume of 1,855,679. The company's 50-day simple moving average is $26.67 and its two-hundred day simple moving average is $27.29. Five9, Inc. has a 52-week low of $21.04 and a 52-week high of $49.90. The company has a market capitalization of $2.06 billion, a P/E ratio of 33.38, a price-to-earnings-growth ratio of 2.52 and a beta of 1.17. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04.

Five9 (NASDAQ:FIVN - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $275.18 million. During the same quarter in the previous year, the company posted $0.52 EPS. Five9'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. Equities research analysts forecast that Five9, Inc. will post 0.28 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on FIVN. KeyCorp began coverage on shares of Five9 in a research report on Friday, June 6th. They set an "overweight" rating and a $35.00 price target for the company. DA Davidson raised Five9 to a "hold" rating in a research note on Monday, August 4th. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Rosenblatt Securities reiterated a "buy" rating and issued a $36.00 price objective on shares of Five9 in a report on Friday, August 1st. Finally, Piper Sandler decreased their target price on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a report on Monday, July 14th. Thirteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat, Five9 has a consensus rating of "Moderate Buy" and a consensus target price of $37.59.

Institutional Trading of Five9

Several large investors have recently added to or reduced their stakes in FIVN. Nisa Investment Advisors LLC bought a new stake in shares of Five9 during the 2nd quarter valued at $32,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Five9 by 419.2% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker's stock valued at $61,000 after purchasing an additional 1,811 shares during the period. Quarry LP purchased a new stake in Five9 in the first quarter worth about $74,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of Five9 by 11,392.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,218 shares of the software maker's stock worth $87,000 after buying an additional 3,190 shares during the period. Finally, Bayforest Capital Ltd purchased a new position in shares of Five9 during the 1st quarter valued at about $127,000. 96.64% of the stock is currently owned by institutional investors.

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.

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