Insider Selling: Five9 (NASDAQ:FIVN) EVP Sells 7,043 Shares of Stock

Key Points

• Panos Kozanian, EVP of Five9, Inc., sold 7,043 shares of stock on August 13th for a total of $181,779.83, resulting in a 5.72% decrease in ownership of the company's shares.
• Five9's stock traded up to $26.04 recently, with a market cap of $2.01 billion and a 52-week price range of $21.04 to $49.90.
• The company reported quarterly earnings of $0.76 per share, exceeding estimates and marking a year-over-year revenue increase of 12.4% to $283.27 million.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) EVP Panos Kozanian sold 7,043 shares of the company's stock in a transaction dated Wednesday, August 13th. The stock was sold at an average price of $25.81, for a total value of $181,779.83. Following the sale, the executive vice president owned 116,175 shares of the company's stock, valued at $2,998,476.75. This represents a 5.72% 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 hyperlink.

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

• On Wednesday, June 4th, Panos Kozanian sold 3,816 shares of Five9 stock. The shares were sold at an average price of $28.28, for a total value of $107,916.48.

Five9 Trading Down 1.3%

Shares of NASDAQ:FIVN traded down $0.34 during trading on Wednesday, reaching $25.75. 1,584,954 shares of the stock were exchanged, compared to its average volume of 2,365,378. The firm's 50-day moving average price is $26.78 and its 200 day moving average price is $28.81. The firm has a market cap of $1.99 billion, a price-to-earnings ratio of 286.14, a price-to-earnings-growth ratio of 2.46 and a beta of 1.17. Five9, Inc. has a 12-month low of $21.04 and a 12-month 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 announced 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. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million for the quarter, compared to analysts' expectations of $275.18 million. During the same period in the previous year, the company posted $0.52 earnings per share. Five9's revenue was up 12.4% compared to the same quarter last year. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, sell-side analysts anticipate that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Evercore ISI decreased their price target on shares of Five9 from $55.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Barclays decreased their target price on Five9 from $60.00 to $33.00 and set an "overweight" rating for the company in a research report on Monday, May 5th. Needham & Company LLC lowered their target price on Five9 from $52.00 to $40.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Piper Sandler dropped their target price on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Thirteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $37.59.

Institutional Trading of Five9

Several large investors have recently modified their holdings of the business. Hudson Bay Capital Management LP acquired a new stake in shares of Five9 during the second quarter worth approximately $416,000. Tower Research Capital LLC TRC raised its holdings in Five9 by 2,005.2% in the second quarter. Tower Research Capital LLC TRC now owns 7,663 shares of the software maker's stock valued at $203,000 after acquiring an additional 7,299 shares in the last quarter. Sender Co & Partners Inc. bought a new position in Five9 during the 2nd quarter valued at $275,000. Two Sigma Securities LLC bought a new position in Five9 during the 2nd quarter valued at $315,000. Finally, Holocene Advisors LP acquired a new position in Five9 during the 2nd quarter worth $1,290,000. 96.64% of the stock is currently owned by institutional investors and hedge funds.

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.