Five9 (NASDAQ:FIVN) Stock Price Down 5.7% - What's Next?

Key Points

• Five9 shares fell 5.7% to approximately $32.53 in midday trading, with volume down 49% from the average.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and a $33.60 average price target.
• Five9 exceeded quarterly expectations with $0.70 EPS and $312.44 million in revenue, while revenue rose 10.3% year over year; insiders have sold 76,845 shares worth about $2.58 million over the past quarter.

Shares of Five9, Inc. (NASDAQ:FIVN - Get Free Report) were down 5.7% during mid-day trading on Friday . The stock traded as low as $32.58 and last traded at $32.5270. Approximately 1,410,175 shares changed hands during trading, a decline of 49% from the average daily volume of 2,741,170 shares. The stock had previously closed at $34.50.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on FIVN shares. Zacks Research upgraded Five9 from a "hold" rating to a "strong-buy" rating in a report on Friday, August 28th. Robert W. Baird upped their target price 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. Weiss Ratings raised shares of Five9 from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, August 7th. Rosenblatt Securities lifted their price target on shares of Five9 from $29.00 to $32.00 and gave the company a "buy" rating in a research report on Friday, August 7th. Finally, Wells Fargo & Company increased their price objective on shares of Five9 from $24.00 to $32.00 and gave the stock an "equal weight" rating in a research report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Five9 presently has an average rating of "Moderate Buy" and a consensus price target of $33.60.

Five9 Stock Performance

The firm has a market capitalization of $2.49 billion, a price-to-earnings ratio of 47.16 and a beta of 1.48. The firm has a 50 day moving average price of $30.17 and a 200-day moving average price of $23.02. 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, topping 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 for the quarter, compared to the consensus estimate of $306.61 million. During the same quarter in the prior year, the business earned $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. As a group, sell-side analysts expect that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Insider Activity

In other Five9 news, President Andy Dignan sold 17,767 shares of the firm'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 sale, the president directly owned 257,920 shares in the company, valued at $9,034,937.60. This trade represents a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Leena Mansharamani sold 2,706 shares of the company's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $33.35, for a total value of $90,245.10. Following the transaction, the chief accounting officer directly owned 53,670 shares of the company's stock, valued at approximately $1,789,894.50. This represents a 4.80% 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. Over the last quarter, insiders have sold 76,845 shares of company stock worth $2,576,856. Insiders own 1.20% of the company's stock.

Institutional Trading of Five9

Institutional investors have recently modified their holdings of the stock. EverSource Wealth Advisors LLC lifted its position in Five9 by 378.7% in the first 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 last quarter. Rothschild Investment LLC grew its holdings 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 worth $37,000 after purchasing an additional 1,786 shares during the last quarter. Nykredit A S acquired a new stake in shares of Five9 during the second quarter worth about $39,000. Global Retirement Partners LLC acquired a new stake in shares of Five9 during the second quarter worth about $45,000. Finally, C M Bidwell & Associates Ltd. purchased a new stake in shares of Five9 in the 2nd quarter valued at about $49,000. Hedge funds and other 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.