Five9 (NASDAQ:FIVN – Get Free Report) was upgraded by analysts at DA Davidson to a “hold” rating in a note issued to investors on Monday,Zacks.com reports. DA Davidson also issued estimates for Five9’s Q3 2025 earnings at $0.22 EPS, FY2025 earnings at $0.82 EPS and FY2026 earnings at $0.98 EPS.
Several other equities analysts also recently issued reports on FIVN. Evercore ISI cut their price objective on shares of Five9 from $55.00 to $40.00 and set an “outperform” rating on the stock in a report on Friday, May 2nd. Needham & Company LLC cut their price objective on shares of Five9 from $52.00 to $40.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Wall Street Zen upgraded shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Saturday. UBS Group cut their price target on shares of Five9 from $55.00 to $35.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Finally, Royal Bank Of Canada increased their price target on shares of Five9 from $30.00 to $35.00 and gave the stock an “outperform” rating in a report on Friday, May 2nd. Six investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, Five9 currently has a consensus rating of “Moderate Buy” and an average target price of $40.05.
Get Our Latest Research Report on FIVN
Five9 Stock Up 3.2%
Five9 (NASDAQ:FIVN – Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.65 by $0.11. The company had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.52 earnings per share. Equities research analysts expect that Five9 will post 0.28 earnings per share for the current year.
Insider Activity
In related news, CEO Michael Burkland sold 12,594 shares of the stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $27.17, for a total value of $342,178.98. Following the completion of the transaction, the chief executive officer directly owned 391,462 shares of the company’s stock, valued at approximately $10,636,022.54. This represents a 3.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Bryan M. Lee sold 1,798 shares of the stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $28.28, for a total value of $50,847.44. Following the completion of the transaction, the chief financial officer directly owned 126,468 shares of the company’s stock, valued at approximately $3,576,515.04. This represents a 1.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 33,566 shares of company stock worth $931,354. Insiders own 1.60% of the company’s stock.
Institutional Trading of Five9
Hedge funds and other institutional investors have recently modified their holdings of the stock. Quantinno Capital Management LP acquired a new stake in shares of Five9 in the 4th quarter worth $287,000. Royal Bank of Canada increased its position in shares of Five9 by 6.0% during the 4th quarter. Royal Bank of Canada now owns 369,001 shares of the software maker’s stock worth $14,997,000 after purchasing an additional 20,775 shares during the last quarter. Man Group plc acquired a new stake in shares of Five9 during the 4th quarter worth about $354,000. Geode Capital Management LLC increased its position in shares of Five9 by 8.7% during the 4th quarter. Geode Capital Management LLC now owns 1,317,450 shares of the software maker’s stock worth $53,558,000 after purchasing an additional 105,265 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Five9 by 60.1% during the 4th quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker’s stock worth $545,000 after purchasing an additional 5,032 shares during the last quarter. 96.64% of the stock is owned by institutional investors and hedge funds.
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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