Five9 (NASDAQ:FIVN) Releases Quarterly Earnings Results, Misses Estimates By $0.44 EPS

Five9 (NASDAQ:FIVN) announced its earnings results on Thursday. The software maker reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.79 by ($0.44), Zacks reports. Five9 had a net margin of 2.77% and a return on equity of 10.59%.

Five9 Stock Performance

NASDAQ:FIVN traded up $0.45 during trading hours on Thursday, reaching $17.18. The stock had a trading volume of 2,885,223 shares, compared to its average volume of 2,237,006. The stock has a market cap of $1.34 billion, a P/E ratio of 47.72, a price-to-earnings-growth ratio of 0.83 and a beta of 1.32. The stock has a 50 day simple moving average of $18.78 and a 200 day simple moving average of $21.81. The company has a debt-to-equity ratio of 0.96, a quick ratio of 4.61 and a current ratio of 4.61. Five9 has a 12-month low of $15.70 and a 12-month high of $49.90.

Five9 declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, November 11th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the software maker to purchase up to 3.2% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Five9

In related news, CRO Matthew E. Tuckness sold 5,255 shares of Five9 stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $20.35, for a total value of $106,939.25. Following the completion of the transaction, the executive directly owned 176,379 shares in the company, valued at approximately $3,589,312.65. The trade was a 2.89% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Michael Burkland sold 17,992 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $20.35, for a total value of $366,137.20. Following the sale, the chief executive officer owned 349,570 shares in the company, valued at approximately $7,113,749.50. This represents a 4.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 65,339 shares of company stock valued at $1,330,186. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Five9 by 10.3% in the third quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,320,745 shares of the software maker’s stock worth $56,162,000 after purchasing an additional 217,227 shares during the period. Geode Capital Management LLC boosted its stake in Five9 by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 1,996,382 shares of the software maker’s stock valued at $40,034,000 after buying an additional 37,261 shares during the period. First Trust Advisors LP grew its position in Five9 by 29.4% during the fourth quarter. First Trust Advisors LP now owns 1,572,466 shares of the software maker’s stock worth $31,528,000 after buying an additional 357,321 shares in the last quarter. Anson Funds Management LP increased its stake in Five9 by 0.3% in the 4th quarter. Anson Funds Management LP now owns 1,539,371 shares of the software maker’s stock worth $30,864,000 after acquiring an additional 5,099 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in Five9 by 2.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,515,813 shares of the software maker’s stock worth $36,683,000 after acquiring an additional 35,946 shares during the last quarter. 96.64% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on FIVN. HSBC upgraded shares of Five9 to a “buy” rating in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Five9 in a research report on Monday, December 29th. Zacks Research lowered shares of Five9 from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 3rd. DA Davidson set a $24.00 target price on shares of Five9 in a research report on Thursday, December 18th. Finally, Cantor Fitzgerald reduced their target price on Five9 from $36.00 to $32.00 and set an “overweight” rating for the company in a report on Friday, November 7th. Twelve equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $32.07.

Five9 Company 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.