Nuveen LLC Takes $9.01 Million Position in Five9, Inc. $FIVN

Nuveen LLC purchased a new stake in Five9, Inc. (NASDAQ:FIVN) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 331,791 shares of the software maker’s stock, valued at approximately $9,008,000. Nuveen LLC owned approximately 0.44% of Five9 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in FIVN. LPL Financial LLC acquired a new stake in shares of Five9 in the 4th quarter valued at approximately $328,000. Wells Fargo & Company MN boosted its stake in shares of Five9 by 3.6% in the 4th quarter. Wells Fargo & Company MN now owns 24,779 shares of the software maker’s stock valued at $1,007,000 after purchasing an additional 852 shares in the last quarter. Guggenheim Capital LLC bought a new position in Five9 in the 4th quarter valued at approximately $348,000. Marshall Wace LLP bought a new position in Five9 in the 4th quarter valued at approximately $402,000. Finally, Canada Pension Plan Investment Board raised its holdings in Five9 by 36.4% in the 4th quarter. Canada Pension Plan Investment Board now owns 9,000 shares of the software maker’s stock valued at $366,000 after buying an additional 2,400 shares during the last quarter. 96.64% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. KeyCorp assumed coverage on shares of Five9 in a report on Friday, June 6th. They issued an “overweight” rating and a $35.00 price objective for the company. Barclays dropped their price objective on shares of Five9 from $60.00 to $33.00 and set an “overweight” rating for the company in a report on Monday, May 5th. Evercore ISI dropped their price objective on shares of Five9 from $55.00 to $40.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Jefferies Financial Group dropped their price objective on shares of Five9 from $45.00 to $28.00 and set a “hold” rating for the company in a report on Monday, April 28th. Finally, UBS Group dropped their price objective on shares of Five9 from $55.00 to $35.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Thirteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $37.59.

Insider Activity

In other Five9 news, EVP Panos Kozanian sold 7,043 shares of the firm’s stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $25.81, for a total transaction of $181,779.83. Following the completion of the transaction, the executive vice president owned 116,175 shares in the company, valued at approximately $2,998,476.75. This trade represents a 5.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Michael Burkland sold 12,594 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $27.17, for a total transaction of $342,178.98. Following the sale, the chief executive officer directly owned 391,462 shares of the company’s stock, valued at approximately $10,636,022.54. This trade represents a 3.12% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 40,609 shares of company stock worth $1,113,133. 1.60% of the stock is owned by insiders.

Five9 Stock Up 8.1%

Five9 stock opened at $27.57 on Friday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44. Five9, Inc. has a 52-week low of $21.04 and a 52-week high of $49.90. The firm has a 50 day moving average price of $26.76 and a two-hundred day moving average price of $28.51. The firm has a market cap of $2.13 billion, a price-to-earnings ratio of 306.37, a PEG ratio of 2.60 and a beta of 1.17.

Five9 (NASDAQ:FIVN) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. During the same quarter last year, the business earned $0.52 EPS. The company’s revenue was up 12.4% compared to the same quarter last year. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. Equities analysts predict that Five9, Inc. will post 0.28 EPS for the current year.

About Five9

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.