Five9 (NASDAQ:FIVN) Sets New 52-Week High - Still a Buy?

Key Points

• Five9 shares reached a new 52-week high of $35.31 and last traded around $34.72, above both their 50-day moving average of $29.98 and 200-day moving average of $22.90.
• Analyst sentiment remains positive, with a consensus rating of “Moderate Buy” from one Strong Buy, 11 Buy, and seven Hold ratings; the average price target is $33.60, though targets range as high as $39.
• Five9 exceeded quarterly expectations, reporting $0.70 EPS versus $0.68 expected and $312.44 million in revenue versus $306.61 million expected. Revenue increased 10.3% year over year, while insiders sold shares under pre-arranged plans primarily to cover tax obligations.

Five9, Inc. (NASDAQ:FIVN - Get Free Report)'s stock price reached a new 52-week high on Thursday . The stock traded as high as $35.31 and last traded at $34.7180, with a volume of 634445 shares trading hands. The stock had previously closed at $34.08.

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. Rosenblatt Securities upped their price target on shares of Five9 from $29.00 to $32.00 and gave the company a "buy" rating in a report on Friday, August 7th. Wall Street Zen downgraded Five9 from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 8th. Canaccord Genuity Group upped their target price on Five9 from $33.00 to $39.00 and gave the company a "buy" rating in a research note on Monday, August 24th. Cantor Fitzgerald increased their target price on Five9 from $32.00 to $34.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. Finally, Piper Sandler raised their price target on Five9 from $24.00 to $30.00 and gave the stock a "neutral" rating in a research report on Friday, August 7th. One 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. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $33.60.

Five9 Stock Performance

The stock's 50-day moving average is $29.98 and its 200-day moving average is $22.90. The stock has a market cap of $2.60 billion, a price-to-earnings ratio of 49.25 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.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share 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 company had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. During the same period in the previous year, the firm posted $0.76 EPS. Five9's revenue was up 10.3% on a year-over-year basis. 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 anticipate that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Insiders Place Their Bets

In other Five9 news, President Andy Dignan sold 2,746 shares of Five9 stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $31.57, for a total value of $86,691.22. Following the completion of the sale, the president owned 244,600 shares in the company, valued at $7,722,022. The trade was a 1.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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. Also, insider Tiffany Meriweather sold 5,114 shares of the company's stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $31.55, for a total transaction of $161,346.70. Following the transaction, the insider directly owned 253,249 shares of the company's stock, valued at approximately $7,990,005.95. This represents a 1.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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 a total of 76,845 shares of company stock valued at $2,576,856 in the last quarter. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Five9

A number of hedge funds have recently made changes to their positions in the stock. Anson Funds Management LP increased its holdings in shares of Five9 by 35.6% during the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker's stock worth $31,655,000 after buying an additional 547,304 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Five9 by 18.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker's stock valued at $15,998,000 after acquiring an additional 165,623 shares during the period. Gagnon Securities LLC increased its stake in Five9 by 109.0% during the fourth quarter. Gagnon Securities LLC now owns 625,726 shares of the software maker's stock worth $12,546,000 after acquiring an additional 326,323 shares during the last quarter. Glenmede Trust Co. NA increased its stake in Five9 by 35.7% during the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker's stock worth $8,763,000 after acquiring an additional 151,974 shares during the last quarter. Finally, S Squared Technology LLC purchased a new position in shares of Five9 in the 2nd quarter worth about $10,983,957. Institutional investors and hedge funds 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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