Five9 (NASDAQ:FIVN) Sets New 12-Month High – Here’s What Happened

Five9, Inc. (NASDAQ:FIVN) reached a new 52-week high on Thursday . The company traded as high as $35.18 and last traded at $34.5190, with a volume of 123345 shares traded. The stock had previously closed at $33.59.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on FIVN. UBS Group reissued a “positive” rating on shares of Five9 in a research note on Monday. Wells Fargo & Company upped their price target on Five9 from $24.00 to $32.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. Truist Financial increased their price objective on shares of Five9 from $35.00 to $40.00 and gave the company a “buy” rating in a report on Monday, August 31st. Weiss Ratings upgraded shares of Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, August 7th. Finally, Piper Sandler boosted their target price on shares of Five9 from $24.00 to $30.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, Five9 presently has an average rating of “Moderate Buy” and an average price target of $33.14.

Five9 Stock Down 2.4%

The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $2.55 billion, a P/E ratio of 48.22 and a beta of 1.48. The company has a fifty day moving average price of $28.60 and a 200-day moving average price of $22.07.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings results on Thursday, August 6th. The software maker reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. Five9 had a return on equity of 12.92% and a net margin of 4.94%.The firm’s revenue was up 10.3% on a year-over-year basis. During the same period in the prior year, the company 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, research analysts forecast that Five9, Inc. will post 1.55 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, President Andy Dignan sold 17,767 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $35.03, for a total value of $622,378.01. Following the sale, the president owned 257,920 shares in the company, valued at approximately $9,034,937.60. The trade was a 6.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.20% of the company’s stock.

Institutional Trading of Five9

Large investors have recently made changes to their positions in the business. California State Teachers Retirement System increased its stake in Five9 by 1,972.7% during the second quarter. California State Teachers Retirement System now owns 1,879,593 shares of the software maker’s stock worth $40,073,000 after acquiring an additional 1,788,909 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Five9 by 8.2% in the 4th quarter. Vanguard Group Inc. now owns 10,037,395 shares of the software maker’s stock valued at $201,250,000 after purchasing an additional 759,237 shares during the last quarter. Anson Funds Management LP boosted its holdings in shares of Five9 by 35.6% in 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 period. S Squared Technology LLC bought a new position in shares of Five9 during the 2nd quarter valued at approximately $10,983,957. Finally, Deutsche Bank AG bought a new stake in Five9 in the second quarter worth $10,432,000. 96.64% of the stock is currently owned by institutional investors.

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.