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

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 stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $25.87, for a total transaction of $280,948.20. Following the completion of the sale, the executive vice president owned 105,315 shares of the company's stock, valued at approximately $2,724,499.05. The trade was a 9.35% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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 Stock Down 1.0%

FIVN stock traded down $0.26 during midday trading on Friday, reaching $25.84. The company had a trading volume of 1,705,844 shares, compared to its average volume of 1,733,294. Five9, Inc. has a 1 year low of $21.04 and a 1 year high of $49.90. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 1.04. The company has a market capitalization of $2.00 billion, a P/E ratio of 287.14, a PEG ratio of 2.46 and a beta of 1.17. The company has a 50 day moving average of $26.57 and a two-hundred day moving average of $27.00.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly 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. The business had revenue of $283.27 million for 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%. Five9's revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter last year, the firm 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 expect that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on FIVN shares. Piper Sandler cut their price target on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Wall Street Zen upgraded shares of Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Rosenblatt Securities restated a "buy" rating and set a $36.00 price target on shares of Five9 in a report on Friday, August 1st. DA Davidson reiterated a "neutral" rating and issued a $28.00 target price on shares of Five9 in a research note on Friday. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $40.00 target price on shares of Five9 in a research note on Friday, August 1st. Thirteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Five9 currently has an average rating of "Moderate Buy" and an average price target of $37.59.

Institutional Inflows and Outflows

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