Legal & General Group Plc Purchases New Position in Five9, Inc. $FIVN

Legal & General Group Plc purchased a new position in shares of Five9, Inc. (NASDAQ:FIVN) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 59,259 shares of the software maker’s stock, valued at approximately $1,263,000. Legal & General Group Plc owned approximately 0.08% of Five9 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Amundi lifted its position in shares of Five9 by 8.3% during the 1st quarter. Amundi now owns 40,291 shares of the software maker’s stock valued at $1,017,000 after buying an additional 3,079 shares in the last quarter. Guggenheim Capital LLC increased its holdings in Five9 by 95.7% in the 2nd quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock worth $737,000 after acquiring an additional 13,606 shares in the last quarter. California Public Employees Retirement System raised its position in Five9 by 39.4% during the second quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock worth $3,223,000 after acquiring an additional 34,375 shares during the period. Qube Research & Technologies Ltd raised its position in Five9 by 52.7% during the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock worth $826,000 after acquiring an additional 10,755 shares during the period. Finally, The Manufacturers Life Insurance Company grew its position in shares of Five9 by 147.2% in the second quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock valued at $1,063,000 after purchasing an additional 23,901 shares during the period. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Five9 Price Performance

Shares of NASDAQ FIVN opened at $33.27 on Monday. The firm has a 50-day simple moving average of $28.60 and a 200-day simple moving average of $22.11. 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 stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 48.22 and a beta of 1.48. Five9, Inc. has a 52 week low of $13.29 and a 52 week high of $35.18.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The firm had revenue of $312.44 million for the quarter, compared to analyst estimates 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 in the previous year, the business 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. On average, equities analysts predict that Five9, Inc. will post 1.55 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FIVN has been the subject of a number of research reports. UBS Group reissued a “positive” rating on shares of Five9 in a research note on Monday, August 31st. Rosenblatt Securities raised their price target on shares of Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Barclays lifted their price objective on Five9 from $25.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Royal Bank Of Canada increased their target price on Five9 from $25.00 to $35.00 and gave the company an “outperform” rating in a report on Friday, August 7th. Finally, Piper Sandler raised their target price on Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, Five9 has a consensus rating of “Moderate Buy” and an average target price of $33.14.

Insider Buying and Selling at Five9

In other news, President Andy Dignan sold 17,767 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the president directly owned 257,920 shares in the company, valued at $9,034,937.60. This represents a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is currently owned by corporate insiders.

Five9 Profile

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.