Five9 (NASDAQ:FIVN) Reaches New 12-Month High - Here's Why

Key Points

• Five9 shares reached a new 52-week high of $35.18, supported by a “Moderate Buy” analyst consensus and an average price target of $33.14, though Truist raised its target to $40.
• The company beat quarterly expectations, reporting $0.70 in EPS versus $0.68 expected and revenue of $312.44 million versus $306.61 million; revenue increased 10.3% year over year.
• Institutional ownership remains substantial at 96.64%, with several major investors increasing their stakes, while insiders have sold 22,351 shares worth roughly $733,540 in the past 90 days, primarily through pre-arranged plans.

Shares of Five9, Inc. (NASDAQ:FIVN - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $35.18 and last traded at $34.5190, with a volume of 123345 shares trading hands. The stock had previously closed at $33.59.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Cantor Fitzgerald lifted their target price on Five9 from $32.00 to $34.00 and gave the stock an "overweight" rating in a report on Monday, August 3rd. Robert W. Baird increased their price target on Five9 from $22.00 to $30.00 and gave the company a "neutral" rating in a report on Monday, August 10th. Zacks Research upgraded Five9 from a "hold" rating to a "strong-buy" rating in a report on Friday, August 28th. Rosenblatt Securities raised their price target on Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Finally, Truist Financial lifted their price objective on shares of Five9 from $35.00 to $40.00 and gave the stock a "buy" rating in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $33.14.

Five9 Trading Up 0.9%

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 firm has a market cap of $2.60 billion, a P/E ratio of 49.07 and a beta of 1.48. The company's 50 day simple moving average is $28.07 and its 200-day simple moving average is $21.87.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The business had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same quarter in the previous year, the business earned $0.76 earnings per share. The company's revenue for the quarter was up 10.3% compared to the same quarter last year. 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, research analysts predict that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Five9 news, President Andy Dignan sold 17,767 shares of the company's stock in a transaction on Friday, August 28th. The stock was sold at an average price of $35.03, for a total value of $622,378.01. Following the transaction, the president owned 257,920 shares of the company's stock, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Bryan M. Lee sold 1,511 shares of the stock in a transaction on Friday, June 5th. The stock was sold at an average price of $24.25, for a total value of $36,641.75. Following the completion of the sale, the chief financial officer owned 309,951 shares in the company, valued at approximately $7,516,311.75. The trade was a 0.49% decrease in their position. The disclosure for this sale is available in the SEC filing. 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. In the last 90 days, insiders have sold 22,351 shares of company stock valued at $733,540. 1.20% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Five9 by 8.2% in the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker's stock valued at $201,250,000 after buying an additional 759,237 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Five9 by 10.3% during the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker's stock worth $56,162,000 after acquiring an additional 217,227 shares during the period. Anson Funds Management LP increased its position in shares of Five9 by 35.6% during the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker's stock worth $31,655,000 after acquiring an additional 547,304 shares during the period. Geode Capital Management LLC raised its stake in shares of Five9 by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker's stock valued at $40,034,000 after acquiring an additional 37,261 shares in the last quarter. Finally, California State Teachers Retirement System raised its stake in shares of Five9 by 1,972.7% during the second quarter. California State Teachers Retirement System now owns 1,879,593 shares of the software maker's stock valued at $40,073,000 after acquiring an additional 1,788,909 shares in the last quarter. Hedge funds and other 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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