Five9 (NASDAQ:FIVN) Shares Break Above 50-Day Moving Average - Here's What Happened

Key Points

• Five9 shares broke above their 50-day moving average, reaching $35.29 and last trading at $35.15, compared with a 50-day average of $33.15.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $34.33; recent targets range as high as $40.
• Five9 exceeded quarterly earnings and revenue expectations, reporting $0.70 EPS and $312.44 million in revenue, while quarterly revenue increased 10.3% year over year. Insiders sold shares under pre-arranged plans primarily to cover tax obligations.

Five9, Inc. (NASDAQ:FIVN - Get Free Report)'s stock price crossed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $33.15 and traded as high as $35.29. Five9 shares last traded at $35.15, with a volume of 1,864,906 shares trading hands.

Analyst Upgrades and Downgrades

FIVN has been the topic of a number of recent analyst reports. Piper Sandler raised their target price on shares of Five9 from $24.00 to $30.00 and gave the stock a "neutral" rating in a research note on Friday, August 7th. Rosenblatt Securities upped their price target on shares of Five9 from $29.00 to $32.00 and gave the stock a "buy" rating in a research report on Friday, August 7th. Wall Street Zen cut shares of Five9 from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 8th. FBN Securities began coverage on shares of Five9 in a research report on Wednesday, September 16th. They set an "outperform" rating and a $40.00 price objective on the stock. Finally, Robert W. Baird raised their price objective on shares of Five9 from $22.00 to $30.00 and gave the company a "neutral" rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $34.33.

Five9 Price Performance

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's fifty day moving average price is $33.15 and its 200 day moving average price is $24.97. The stock has a market cap of $2.69 billion, a PE ratio of 50.94 and a beta of 1.53.

Five9 (NASDAQ:FIVN - Get Free Report) last posted its 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. The company had revenue of $312.44 million during the quarter, compared to analysts' expectations of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.92%. Five9's quarterly revenue was up 10.3% on a year-over-year basis. During the same period last year, the company posted $0.76 earnings per share. 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 analysts expect that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Insider Transactions at Five9

In other news, insider Tiffany Meriweather sold 13,409 shares of the company'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 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 sale was disclosed in a legal filing 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Bryan Lee sold 19,308 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $33.34, for a total value of $643,728.72. Following the transaction, the chief financial officer owned 290,643 shares of the company's stock, valued at $9,690,037.62. This represents a 6.23% decrease in their ownership of the stock. 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 a total of 83,831 shares of company stock valued at $2,821,366 in the last ninety days. Corporate insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On Five9

Several institutional investors have recently bought and sold shares of the business. Glenmede Trust Co. NA increased its stake in Five9 by 35.7% in the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker's stock worth $8,763,000 after purchasing an additional 151,974 shares during the period. OneDigital Investment Advisors LLC purchased a new stake in shares of Five9 during the second quarter valued at $1,034,000. Nierenberg Investment Management Company LLC purchased a new stake in shares of Five9 during the second quarter valued at $2,895,469. Healthcare of Ontario Pension Plan Trust Fund bought a new position in shares of Five9 in the first quarter worth about $782,000. Finally, Militia Capital Management LLC bought a new position in shares of Five9 in the first quarter worth about $2,123,000. Institutional investors own 96.64% of the company's stock.

Five9 Company Profile

Five9, Inc provides cloud-based contact center software for businesses and other organizations. Its platform is designed to help companies manage customer interactions across voice, email, chat, social media and other digital channels without relying on traditional, on-premises contact center infrastructure.

The company's Intelligent Customer Experience (CX) Platform includes inbound and outbound communications, digital engagement, workforce optimization, analytics, workflow automation and customer relationship management integrations.

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