Empowered Funds LLC Acquires Shares of 224,825 Five9, Inc. $FIVN

Empowered Funds LLC acquired a new stake in Five9, Inc. (NASDAQ:FIVN) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 224,825 shares of the software maker’s stock, valued at approximately $4,793,000.

Several other large investors have also made changes to their positions in FIVN. Jefferies Financial Group Inc. purchased a new position in shares of Five9 during the 2nd quarter valued at approximately $861,000. Corient Private Wealth LP purchased a new stake in Five9 in the 2nd quarter worth $2,317,000. Freestone Grove Partners LP purchased a new stake in Five9 in the 2nd quarter worth $700,000. Jupiter Topco LLC acquired a new position in Five9 during the second quarter worth $670,000. Finally, ABS Investment Management LLC acquired a new position in Five9 during the second quarter worth $2,132,000. 96.64% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have issued reports on FIVN. UBS Group reaffirmed a “positive” rating on shares of Five9 in a report on Monday. Weiss Ratings upgraded shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. DA Davidson raised their price target on shares of Five9 from $22.00 to $28.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Truist Financial raised their price target on shares of Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Monday. Finally, Robert W. Baird lifted their price objective on Five9 from $22.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, August 10th. Ten equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Five9 currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.14.

Insider Transactions at Five9

In related news, insider Tiffany N. Meriweather sold 9,526 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $236,340.06. Following the completion of the sale, the insider owned 271,772 shares of the company’s stock, valued at approximately $6,742,663.32. This represents a 3.39% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CRO Matthew E. Tuckness sold 8,645 shares of the stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total transaction of $214,482.45. Following the completion of the sale, the executive owned 281,492 shares of the company’s stock, valued at approximately $6,983,816.52. The trade was a 2.98% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 56,003 shares of company stock valued at $1,386,457. Company insiders own 1.20% of the company’s stock.

Five9 Stock Up 1.5%

NASDAQ FIVN opened at $34.56 on Tuesday. The business has a fifty day moving average price of $27.49 and a 200 day moving average price of $21.63. The company has a debt-to-equity ratio of 0.94, a quick ratio of 4.15 and a current ratio of 4.15. The company has a market cap of $2.65 billion, a P/E ratio of 50.09 and a beta of 1.42. Five9, Inc. has a one year low of $13.29 and a one year high of $35.17.

Five9 (NASDAQ:FIVN) last announced its earnings results on Thursday, August 6th. The software maker reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a net margin of 4.94% and a return on equity of 12.92%. The company had revenue of $312.44 million for the quarter, compared to analysts’ expectations of $306.61 million. During the same quarter in the previous year, the company posted $0.76 EPS. The firm’s quarterly revenue was up 10.3% on a year-over-year basis. Five9 has set its Q3 2026 guidance at 0.770-0.810 EPS and its FY 2026 guidance at 3.220-3.300 EPS. Research analysts anticipate that Five9, Inc. will post 1.55 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.