210,000 Shares of Five9, Inc. $FIVN Acquired by Hiddenite Capital Partners LP

Hiddenite Capital Partners LP bought a new position in Five9, Inc. (NASDAQ:FIVN) during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 210,000 shares of the software maker’s stock, valued at approximately $7,142,000. Five9 comprises 1.3% of Hiddenite Capital Partners LP’s holdings, making the stock its 23rd largest holding.

A number of other institutional investors and hedge funds also recently modified their holdings of FIVN. Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Five9 during the 3rd quarter valued at $141,000. Vise Technologies Inc. bought a new position in Five9 during the third quarter valued at about $293,000. Choreo LLC increased its holdings in Five9 by 2.4% during the third quarter. Choreo LLC now owns 22,659 shares of the software maker’s stock worth $771,000 after buying an additional 521 shares during the last quarter. Evergreen Capital Management LLC purchased a new stake in Five9 during the third quarter worth about $285,000. Finally, Inspire Investing LLC purchased a new stake in Five9 during the third quarter worth about $2,450,000. 96.64% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have commented on FIVN. Wells Fargo & Company lifted their price objective on shares of Five9 from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 28th. UBS Group increased their target price on shares of Five9 from $36.00 to $48.00 and gave the company a “buy” rating in a research report on Friday, October 16th. Wall Street Zen lowered shares of Five9 from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Cantor Fitzgerald raised their price target on shares of Five9 from $34.00 to $40.00 and gave the stock an “overweight” rating in a research note on Monday, September 21st. Finally, FBN Securities started coverage on shares of Five9 in a report on Wednesday, September 16th. They issued an “outperform” rating and a $40.00 price target on the stock. Eleven equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $35.80.

Five9 Stock Down 1.6%

Shares of NASDAQ FIVN opened at $35.77 on Tuesday. 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 stock has a market capitalization of $2.74 billion, a PE ratio of 51.84 and a beta of 1.53. Five9, Inc. has a one year low of $13.29 and a one year high of $40.00. The business’s fifty day moving average price is $34.49 and its 200-day moving average price is $24.18.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Thursday, August 6th. The software maker reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.02. Five9 had a return on equity of 12.92% and a net margin of 4.94%. The company had revenue of $312.44 million during the quarter, compared to analyst estimates of $306.61 million. During the same quarter last year, the firm posted $0.76 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts anticipate that Five9, Inc. will post 1.55 EPS for the current year.

Insider Buying and Selling at Five9

In other Five9 news, President Andy Dignan sold 17,767 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01. Following the sale, the president owned 257,920 shares in the company, valued at $9,034,937.60. This represents a 6.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Bryan M. Lee sold 19,308 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $33.34, for a total value of $643,728.72. Following the completion of the transaction, the chief financial officer directly owned 290,643 shares of the company’s stock, valued at $9,690,037.62. The trade was a 6.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 83,831 shares of company stock valued at $2,821,366 over the last 90 days. 1.20% of the stock is currently owned by corporate insiders.

Five9 Company Profile

Five9, Inc is a cloud-based software company that provides customer experience and contact center solutions. Its platform enables organizations to manage customer interactions across voice, chat, email, social media and other digital channels without relying on traditional on-premises contact center infrastructure.

The company’s Intelligent CX Platform includes tools for inbound and outbound communications, digital engagement, workforce optimization, workflow automation, analytics and reporting.