Clark Capital Management Group Inc. increased its stake in shares of Five9, Inc. (NASDAQ:FIVN – Free Report) by 82.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,545 shares of the software maker’s stock after acquiring an additional 210,304 shares during the period. Clark Capital Management Group Inc. owned about 0.59% of Five9 worth $11,242,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in FIVN. Voss Capital LP increased its holdings in Five9 by 211.4% during 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 in the last quarter. Norges Bank bought a new stake in shares of Five9 in the second quarter valued at about $39,056,000. Federated Hermes Inc. lifted its holdings in shares of Five9 by 124,372.3% in the second quarter. Federated Hermes Inc. now owns 830,230 shares of the software maker’s stock valued at $21,984,000 after purchasing an additional 829,563 shares in the last quarter. Anson Funds Management LP boosted its position in shares of Five9 by 98.5% during the third quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock worth $37,129,000 after buying an additional 761,486 shares during the period. Finally, Assenagon Asset Management S.A. boosted its position in shares of Five9 by 238.8% during the third quarter. Assenagon Asset Management S.A. now owns 724,604 shares of the software maker’s stock worth $17,535,000 after buying an additional 510,714 shares during the period. 96.64% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on FIVN shares. Needham & Company LLC reissued a “buy” rating and issued a $40.00 target price on shares of Five9 in a research report on Thursday, December 18th. Canaccord Genuity Group reduced their price target on Five9 from $40.00 to $33.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Wall Street Zen raised shares of Five9 from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 23rd. Zacks Research downgraded shares of Five9 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 3rd. Finally, Cantor Fitzgerald cut their price objective on shares of Five9 from $32.00 to $26.00 and set an “overweight” rating on the stock in a research report on Friday, February 20th. Twelve equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.12.
Five9 Trading Down 3.0%
NASDAQ FIVN opened at $15.76 on Monday. Five9, Inc. has a 12 month low of $15.68 and a 12 month high of $31.78. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.94. The stock has a 50 day moving average of $17.84 and a 200-day moving average of $20.81. The company has a market cap of $1.21 billion, a PE ratio of 34.26, a PEG ratio of 0.76 and a beta of 1.29.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its earnings results on Thursday, February 19th. The software maker reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $300.28 million for the quarter, compared to the consensus estimate of $298.21 million. Five9 had a net margin of 3.43% and a return on equity of 10.95%. The firm’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the previous year, the company earned $0.79 earnings per share. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. On average, equities research analysts anticipate that Five9, Inc. will post 0.28 EPS for the current fiscal year.
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.
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