The Manufacturers Life Insurance Company bought a new position in shares of Five9, Inc. (NASDAQ:FIVN – Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 38,354 shares of the software maker’s stock, valued at approximately $818,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIVN. Vanguard Group Inc. lifted its stake in Five9 by 8.2% in the fourth quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after acquiring an additional 759,237 shares during the last quarter. Anson Funds Management LP increased its stake in shares of Five9 by 35.6% during the 1st quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock worth $31,655,000 after purchasing an additional 547,304 shares during the last quarter. S Squared Technology LLC acquired a new position in shares of Five9 during the 2nd quarter worth about $10,983,957. Deutsche Bank AG bought a new stake in shares of Five9 in the 2nd quarter valued at about $10,432,000. Finally, Bank of New York Mellon Corp bought a new stake in shares of Five9 in the 2nd quarter valued at about $10,429,000. 96.64% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of equities analysts recently commented on FIVN shares. UBS Group reiterated a “positive” rating on shares of Five9 in a report on Monday, August 31st. Zacks Research raised Five9 from a “hold” rating to a “strong-buy” rating in a research report on Friday, August 28th. Piper Sandler upped their price objective on Five9 from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 7th. Canaccord Genuity Group raised their price objective on Five9 from $33.00 to $39.00 and gave the company a “buy” rating in a research report on Monday, August 24th. Finally, Wells Fargo & Company lifted their target price on Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $33.14.
Five9 Price Performance
Shares of FIVN opened at $33.27 on Friday. The company’s 50-day moving average is $28.60 and its 200-day moving average is $22.07. 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 firm has a market capitalization of $2.55 billion, a PE ratio of 48.22 and a beta of 1.48. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $35.18.
Five9 (NASDAQ:FIVN – Get Free Report) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, topping the consensus estimate of $0.68 by $0.02. The business had revenue of $312.44 million during the quarter, compared to the consensus estimate of $306.61 million. Five9 had a net margin of 4.94% and a return on equity of 12.92%. Five9’s revenue was up 10.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.76 EPS. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Equities analysts forecast that Five9, Inc. will post 1.55 EPS for the current year.
Insider Transactions at Five9
In other Five9 news, President Andy Dignan sold 17,767 shares of the firm’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 completion of the sale, the president directly owned 257,920 shares in the company, valued at $9,034,937.60. This trade represents a 6.44% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.20% of the stock is owned by company insiders.
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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