Five9 (NASDAQ:FIVN) Reaches New 52-Week High - Here's Why

Key Points

• Five9 shares reached a new 52-week high of $39.55, last trading at $38.65 after rising 4.4%; the stock’s market capitalization is approximately $2.96 billion.
• Analyst sentiment remains favorable, with a consensus rating of “Moderate Buy” and an average price target of $34.00. Several firms recently raised their targets, including Canaccord Genuity to $39.00.
• Five9 exceeded quarterly expectations with adjusted EPS of $0.70 versus $0.68 expected and revenue of $312.44 million versus $306.61 million, while revenue grew 10.3% year over year. Insiders sold 83,831 shares worth approximately $2.82 million over the past 90 days, primarily through pre-arranged plans.

Shares of Five9, Inc. (NASDAQ:FIVN - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $39.55 and last traded at $38.65, with a volume of 5150671 shares trading hands. The stock had previously closed at $37.01.

Wall Street Analyst Weigh In

Several research firms have commented on FIVN. Rosenblatt Securities boosted their target price on Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Barclays raised their price target on Five9 from $25.00 to $34.00 and gave the company an "overweight" rating in a report on Monday, August 10th. Wells Fargo & Company upped their price target on shares of Five9 from $24.00 to $32.00 and gave the stock an "equal weight" rating in a research note on Tuesday, August 25th. Canaccord Genuity Group increased their price objective on shares of Five9 from $33.00 to $39.00 and gave the company a "buy" rating in a research report on Monday, August 24th. Finally, Zacks Research upgraded shares of Five9 from a "hold" rating to a "strong-buy" rating in a research note on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $34.00.

Five9 Stock Up 4.4%

The stock has a market cap of $2.96 billion, a PE ratio of 56.02 and a beta of 1.48. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15. The company has a 50 day moving average price of $30.79 and a two-hundred day moving average price of $23.41.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The company had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.Five9's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period last year, the company earned $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. Analysts expect that Five9, Inc. will post 1.55 EPS for the current year.

Insider Activity at Five9

In related news, President Andy Dignan sold 17,767 shares of the stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $35.03, for a total transaction of $622,378.01. Following the transaction, the president owned 257,920 shares in the company, valued at $9,034,937.60. This represents a 6.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Tiffany Meriweather sold 13,409 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $33.31, for a total transaction of $446,653.79. Following the completion of the sale, the insider owned 258,363 shares in the company, valued at $8,606,071.53. This represents a 4.93% decrease in their position. The SEC filing for this sale provides additional information. 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. Insiders sold 83,831 shares of company stock valued at $2,821,366 over the last ninety days. Company insiders own 1.20% of the company's stock.

Institutional Trading of Five9

Several large investors have recently modified their holdings of FIVN. SkyView Investment Advisors LLC purchased a new stake in Five9 during the second quarter valued at $320,000. Integrated Wealth Concepts LLC purchased a new position in Five9 in the second quarter worth about $67,000. NewEdge Advisors LLC boosted its position in Five9 by 14.5% in the second quarter. NewEdge Advisors LLC now owns 2,894 shares of the software maker's stock worth $62,000 after purchasing an additional 366 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Five9 by 12.1% during the 2nd quarter. Squarepoint Ops LLC now owns 374,506 shares of the software maker's stock valued at $7,984,000 after purchasing an additional 40,519 shares during the period. Finally, Nykredit A S purchased a new stake in shares of Five9 during the 2nd quarter valued at about $39,000. Institutional investors own 96.64% of the company's stock.

Five9 Company Profile

Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.

The company's offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.

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