Tiffany Meriweather Sells 13,409 Shares of Five9 (NASDAQ:FIVN) Stock

Key Points

• Five9 insider Tiffany Meriweather sold 13,409 shares for approximately $446,654 under a pre-arranged Rule 10b5-1 plan, primarily to cover tax withholding on vested equity awards. Her remaining stake totaled 258,363 shares.
• Five9 shares were trading at $30.37, while the company reported quarterly EPS of $0.70 and revenue of $312.44 million, exceeding analyst estimates; revenue increased 10.3% year over year.
• Analysts maintained a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $33.14; institutional investors own 96.64% of the stock.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) insider Tiffany Meriweather sold 13,409 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.31, for a total transaction of $446,653.79. Following the sale, the insider directly owned 258,363 shares of the company's stock, valued at $8,606,071.53. This represents a 4.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Five9 Price Performance

Shares of NASDAQ:FIVN traded down $0.86 during midday trading on Wednesday, hitting $30.37. The stock had a trading volume of 1,121,213 shares, compared to its average volume of 2,770,734. The company's 50-day moving average price is $29.04 and its 200-day moving average price is $22.33. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $35.18. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $2.33 billion, a P/E ratio of 44.02 and a beta of 1.48.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. The business had revenue of $312.44 million for the quarter, compared to analyst estimates of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The firm's revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter last year, the business posted $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. As a group, equities research analysts predict that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Robert W. Baird lifted their target price on Five9 from $22.00 to $30.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. Wells Fargo & Company raised their price target on shares of Five9 from $24.00 to $32.00 and gave the company an "equal weight" rating in a research note on Tuesday, August 25th. Barclays upped their price objective on shares of Five9 from $25.00 to $34.00 and gave the stock an "overweight" rating in a research report on Monday, August 10th. UBS Group reissued a "positive" rating on shares of Five9 in a research note on Monday, August 31st. Finally, Truist Financial raised their target price on shares of Five9 from $35.00 to $40.00 and gave the company a "buy" rating in a research report on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $33.14.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in FIVN. Quarry LP acquired a new stake in Five9 during the 3rd quarter worth approximately $33,000. Advisory Services Network LLC acquired a new position in Five9 in the 3rd quarter valued at approximately $38,000. EverSource Wealth Advisors LLC increased its position in Five9 by 378.7% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker's stock valued at $26,000 after acquiring an additional 1,367 shares during the period. Rothschild Investment LLC raised its stake in shares of Five9 by 3,572.0% during the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker's stock valued at $37,000 after acquiring an additional 1,786 shares during the last quarter. Finally, Nykredit A S bought a new position in shares of Five9 during the second quarter valued at $39,000. Institutional investors own 96.64% of the company's stock.

About Five9

Five9, Inc NASDAQ: FIVN is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.

Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.

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