Susquehanna Fundamental Investments LLC Purchases New Shares in Five9, Inc. (NASDAQ:FIVN)

Susquehanna Fundamental Investments LLC acquired a new position in Five9, Inc. (NASDAQ:FIVN - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 185,280 shares of the software maker's stock, valued at approximately $7,530,000. Susquehanna Fundamental Investments LLC owned about 0.25% of Five9 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Lindbrook Capital LLC boosted its position in shares of Five9 by 155.7% during the 4th quarter. Lindbrook Capital LLC now owns 854 shares of the software maker's stock valued at $35,000 after acquiring an additional 520 shares during the last quarter. Steward Partners Investment Advisory LLC raised its holdings in Five9 by 7,305.6% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 1,333 shares of the software maker's stock valued at $54,000 after buying an additional 1,315 shares during the last quarter. Venturi Wealth Management LLC raised its holdings in Five9 by 3,955.4% during the 4th quarter. Venturi Wealth Management LLC now owns 2,636 shares of the software maker's stock valued at $107,000 after buying an additional 2,571 shares during the last quarter. Conquis Financial LLC bought a new position in Five9 in the 4th quarter worth $122,000. Finally, FNY Investment Advisers LLC raised its holdings in Five9 by 324.8% in the 4th quarter. FNY Investment Advisers LLC now owns 3,250 shares of the software maker's stock worth $132,000 after purchasing an additional 2,485 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company's stock.

Insider Buying and Selling

In other news, COO Andy Dignan sold 2,840 shares of Five9 stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $33.23, for a total transaction of $94,373.20. Following the transaction, the chief operating officer now owns 194,201 shares in the company, valued at approximately $6,453,299.23. The trade was a 1.44 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Barry Zwarenstein sold 2,468 shares of the firm's stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $33.23, for a total transaction of $82,011.64. Following the transaction, the chief financial officer now directly owns 92,583 shares in the company, valued at approximately $3,076,533.09. The trade was a 2.60 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 29,574 shares of company stock valued at $1,004,346. Insiders own 1.60% of the company's stock.

Five9 Trading Down 0.8 %

FIVN traded down $0.19 during trading on Wednesday, hitting $25.14. The company's stock had a trading volume of 1,517,095 shares, compared to its average volume of 1,634,377. The firm's 50 day moving average price is $28.40 and its 200-day moving average price is $34.98. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.85 and a quick ratio of 1.85. The stock has a market cap of $1.92 billion, a PE ratio of -125.69, a PEG ratio of 9.41 and a beta of 1.29. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $60.76.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its quarterly earnings data on Thursday, February 20th. The software maker reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by ($0.44). The company had revenue of $278.66 million for the quarter, compared to analysts' expectations of $267.70 million. Five9 had a negative net margin of 1.23% and a positive return on equity of 3.62%. On average, analysts expect that Five9, Inc. will post 0.28 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on FIVN shares. William Blair reissued an "outperform" rating on shares of Five9 in a research report on Thursday, March 13th. Rosenblatt Securities lowered their price objective on shares of Five9 from $58.00 to $36.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. Morgan Stanley dropped their target price on shares of Five9 from $48.00 to $28.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Needham & Company LLC reaffirmed a "buy" rating and issued a $52.00 target price on shares of Five9 in a report on Friday, April 4th. Finally, Mizuho dropped their price objective on shares of Five9 from $55.00 to $42.00 and set an "outperform" rating for the company in a report on Tuesday, April 15th. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $50.17.

Five9 Profile

Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.