Leena Mansharamani Sells 2,969 Shares of Five9 (NASDAQ:FIVN) Stock

Five9, Inc. (NASDAQ:FIVN) CAO Leena Mansharamani sold 2,969 shares of the firm’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $25.85, for a total value of $76,748.65. Following the transaction, the chief accounting officer owned 41,522 shares of the company’s stock, valued at $1,073,343.70. This represents a 6.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Five9 Stock Performance

NASDAQ FIVN opened at $25.28 on Thursday. The stock has a market capitalization of $1.95 billion, a PE ratio of 280.92, a P/E/G ratio of 2.49 and a beta of 1.17. The business has a 50 day simple moving average of $26.64 and a two-hundred day simple moving average of $27.27. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. Five9, Inc. has a 1-year low of $21.04 and a 1-year high of $49.90.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.11. The business had revenue of $283.27 million during the quarter, compared to analysts’ expectations of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, research analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Hedge Funds Weigh In On Five9

A number of institutional investors and hedge funds have recently modified their holdings of FIVN. Voss Capital LP boosted its holdings in shares of Five9 by 211.4% in the 2nd quarter. Voss Capital LP now owns 3,250,000 shares of the software maker’s stock worth $86,060,000 after purchasing an additional 2,206,173 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Five9 by 292.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,679,356 shares of the software maker’s stock worth $72,745,000 after acquiring an additional 1,996,628 shares during the last quarter. Norges Bank bought a new stake in shares of Five9 during the 2nd quarter worth approximately $39,056,000. Sylebra Capital LLC lifted its stake in shares of Five9 by 59.4% during the 4th quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker’s stock worth $152,228,000 after acquiring an additional 1,396,496 shares during the last quarter. Finally, Federated Hermes Inc. lifted its stake in shares of Five9 by 124,372.3% during the 2nd quarter. Federated Hermes Inc. now owns 830,230 shares of the software maker’s stock worth $21,984,000 after acquiring an additional 829,563 shares during the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on FIVN shares. KeyCorp started coverage on Five9 in a report on Friday, June 6th. They set an “overweight” rating and a $35.00 price target for the company. Piper Sandler cut their price target on Five9 from $36.00 to $31.00 and set an “overweight” rating for the company in a report on Monday, July 14th. DA Davidson upgraded Five9 to a “hold” rating in a report on Monday, August 4th. Canaccord Genuity Group reiterated a “buy” rating and issued a $40.00 target price on shares of Five9 in a report on Friday, August 1st. Finally, Wall Street Zen upgraded Five9 from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $37.59.

Five9 Company 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.