Insider Selling: Five9 (NASDAQ:FIVN) CFO Sells 1,310 Shares of Stock

Five9, Inc. (NASDAQ:FIVN) CFO Bryan Lee sold 1,310 shares of Five9 stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of $32.60, for a total value of $42,706.00. Following the transaction, the chief financial officer owned 289,333 shares in the company, valued at $9,432,255.80. This represents a 0.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through 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.

Five9 Stock Down 2.8%

Five9 stock traded down $0.86 during mid-day trading on Wednesday, hitting $30.37. The company’s stock had a trading volume of 1,121,214 shares, compared to its average volume of 2,770,734. Five9, Inc. has a 52-week low of $13.29 and a 52-week high of $35.18. The company has a market cap of $2.33 billion, a PE ratio of 44.02 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 firm’s 50 day moving average is $29.04 and its 200 day moving average is $22.33.

Five9 (NASDAQ:FIVN) last released 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 for the quarter, compared to analysts’ expectations of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The business’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $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. On average, analysts anticipate that Five9, Inc. will post 1.55 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FIVN. UBS Group reissued a “positive” rating on shares of Five9 in a research note on Monday, August 31st. Wells Fargo & Company increased their price objective on Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 25th. Rosenblatt Securities lifted their price objective on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Wall Street Zen downgraded Five9 from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Finally, Royal Bank Of Canada raised their price target on Five9 from $25.00 to $35.00 and gave the stock an “outperform” rating in a research note on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.14.

Institutional Investors Weigh In On Five9

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC boosted its holdings 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 in the last quarter. California State Teachers Retirement System raised its holdings in Five9 by 0.8% during the second quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock valued at $1,832,000 after buying an additional 549 shares in the last quarter. Franklin Resources Inc. raised its holdings in Five9 by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock valued at $1,129,000 after buying an additional 807 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Five9 by 378.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after buying an additional 1,367 shares during the last quarter. Finally, Quarry LP acquired a new stake in shares of Five9 in the third quarter worth about $33,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

More Five9 News

Here are the key news stories impacting Five9 this week:

• Positive Sentiment: Five9’s latest quarterly results exceeded expectations, with earnings of $0.70 per share versus the $0.68 consensus estimate and revenue of $312.44 million versus $306.61 million expected. Revenue increased 10.3% year over year, and management issued third-quarter EPS guidance of $0.77 to $0.81. Five9 stock information
• Positive Sentiment: Analyst sentiment remains constructive. Canaccord Genuity raised its price target to $39 and maintained a buy rating, while Zacks Research upgraded the stock to strong buy. Five9 has an overall “Moderate Buy” consensus rating and an average target of $33.14.
• Neutral Sentiment: Institutional ownership remains high at approximately 96.6%, and several investment firms recently increased their positions. However, the reported additions were generally from smaller funds and may have limited immediate trading impact.
• Negative Sentiment: Multiple executives collectively sold approximately 59,078 shares worth about $1.47 million, including sales by President Andy Dignan, CFO Bryan Lee, CAO Leena Mansharamani and insider Tiffany Meriweather. The volume of selling can weigh on sentiment, particularly after the stock’s recent rally. SEC insider trading filing
• Negative Sentiment: The insider sales were made to satisfy tax withholding requirements related to vested equity awards and were executed through pre-arranged 10b5-1 plans, reducing their significance as discretionary bearish bets but still creating near-term selling overhang.

About Five9

Five9, Inc (NASDAQ: FIVN) is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.

Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.