Comerica Bank Sells 31,949 Shares of Five9, Inc. $FIVN

Comerica Bank decreased its position in Five9, Inc. (NASDAQ:FIVN) by 88.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,024 shares of the software maker’s stock after selling 31,949 shares during the quarter. Comerica Bank’s holdings in Five9 were worth $81,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Five9 by 8.2% in the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock worth $201,250,000 after purchasing an additional 759,237 shares in the last quarter. Voss Capital LP boosted its stake in Five9 by 40.0% in the 3rd quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock worth $110,110,000 after purchasing an additional 1,300,000 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in Five9 by 10.3% in the 3rd 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 in the last quarter. Anson Funds Management LP boosted its stake in Five9 by 98.5% in the 3rd quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock worth $37,129,000 after purchasing an additional 761,486 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted 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 purchasing an additional 35,946 shares in the last quarter. Institutional investors own 96.64% of the company’s stock.

Insider Activity at Five9

In other news, insider Tiffany N. Meriweather sold 21,320 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $20.98, for a total transaction of $447,293.60. Following the completion of the sale, the insider owned 281,298 shares of the company’s stock, valued at $5,901,632.04. This represents a 7.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FIVN. Wells Fargo & Company dropped their price target on shares of Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, February 20th. Robert W. Baird dropped their price target on shares of Five9 from $24.00 to $19.00 and set a “neutral” rating on the stock in a research note on Monday, February 23rd. Barclays upped their price target on shares of Five9 from $22.00 to $25.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Canaccord Genuity Group dropped their price target on shares of Five9 from $40.00 to $33.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $40.00 price target on shares of Five9 in a research note on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Five9 currently has an average rating of “Moderate Buy” and a consensus target price of $26.53.

Five9 Price Performance

Shares of NASDAQ:FIVN opened at $21.64 on Monday. Five9, Inc. has a fifty-two week low of $13.29 and a fifty-two week high of $30.38. The business has a 50-day simple moving average of $16.84 and a two-hundred day simple moving average of $18.48. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 32.79, a price-to-earnings-growth ratio of 0.96 and a beta of 1.32.

Five9 (NASDAQ:FIVN) last issued its earnings results on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The business had revenue of $305.32 million during the quarter, compared to analyst estimates of $299.92 million. During the same quarter in the previous year, the firm earned $0.62 EPS. Five9’s revenue was up 9.2% on a year-over-year basis. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. On average, analysts expect that Five9, Inc. will post 1.39 earnings per share for the current 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.