Legal & General Group Plc Makes New $1.26 Million Investment in Five9, Inc. $FIVN

Legal & General Group Plc purchased a new position in shares of Five9, Inc. (NASDAQ:FIVN) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 59,259 shares of the software maker’s stock, valued at approximately $1,263,000.

A number of other large investors have also recently added to or reduced their stakes in the business. Amundi grew its position in Five9 by 8.3% in the first quarter. Amundi now owns 40,291 shares of the software maker’s stock worth $1,017,000 after acquiring an additional 3,079 shares during the period. Guggenheim Capital LLC increased its stake in Five9 by 95.7% during the second 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 during the last quarter. California Public Employees Retirement System raised its position in Five9 by 39.4% in the second quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock valued at $3,223,000 after purchasing an additional 34,375 shares during the period. Qube Research & Technologies Ltd raised its position in Five9 by 52.7% in the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock valued at $826,000 after purchasing an additional 10,755 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Five9 by 147.2% in the 2nd 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 last quarter. 96.64% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Five9

In related news, President Andy Dignan sold 17,767 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $35.03, for a total transaction of $622,378.01. Following the sale, the president directly owned 257,920 shares of the company’s stock, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 1.20% of the company’s stock.

Five9 Stock Performance

Shares of Five9 stock opened at $33.27 on Monday. The stock has a market capitalization of $2.55 billion, a price-to-earnings ratio of 48.22 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 business has a 50-day moving average of $28.60 and a 200 day moving average of $22.11. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $35.18.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The company 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%. The business’s revenue for the quarter was up 10.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $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. As a group, sell-side analysts forecast that Five9, Inc. will post 1.55 earnings per share for the current year.

Wall Street Analyst Weigh In

FIVN has been the subject of a number of research analyst reports. Robert W. Baird increased their price target on Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Piper Sandler boosted their price target on shares of Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Wells Fargo & Company upped their price objective on shares of Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 25th. Cantor Fitzgerald increased their price objective on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Finally, Truist Financial boosted their target price on Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Monday, August 31st. One 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 MarketBeat.com, Five9 has a consensus rating of “Moderate Buy” and an average target price of $33.14.

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.