Northern Trust Corp cut its holdings in Five9, Inc. (NASDAQ:FIVN – Free Report) by 4.2% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 450,010 shares of the software maker’s stock after selling 19,846 shares during the quarter. Northern Trust Corp owned approximately 0.59% of Five9 worth $12,218,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the business. Sylebra Capital LLC boosted its stake in Five9 by 59.4% in the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker’s stock valued at $152,228,000 after buying an additional 1,396,496 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Five9 by 353.3% during the fourth quarter. Ameriprise Financial Inc. now owns 2,395,566 shares of the software maker’s stock valued at $97,356,000 after purchasing an additional 1,867,137 shares in the last quarter. Van Berkom & Associates Inc. boosted its stake in shares of Five9 by 14.2% during the first quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker’s stock valued at $58,122,000 after purchasing an additional 266,484 shares in the last quarter. Wellington Management Group LLP boosted its stake in shares of Five9 by 50.9% during the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker’s stock valued at $72,496,000 after purchasing an additional 601,348 shares in the last quarter. Finally, Point72 Asset Management L.P. boosted its stake in shares of Five9 by 110.6% during the fourth quarter. Point72 Asset Management L.P. now owns 882,785 shares of the software maker’s stock valued at $35,876,000 after purchasing an additional 463,681 shares in the last quarter. 96.64% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on FIVN. Piper Sandler cut their price target on Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a research note on Monday, July 14th. Rosenblatt Securities restated a “buy” rating and set a $36.00 price objective on shares of Five9 in a research report on Friday, August 1st. KeyCorp started coverage on Five9 in a report on Friday, June 6th. They issued an “overweight” rating and a $35.00 target price for the company. DA Davidson upgraded Five9 to a “hold” rating in a report on Monday, August 4th. Finally, Wall Street Zen upgraded Five9 from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Thirteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Five9 presently has a consensus rating of “Moderate Buy” and an average target price of $37.59.
Five9 Stock Down 0.7%
FIVN stock opened at $26.30 on Friday. The stock has a market cap of $2.03 billion, a P/E ratio of 292.25, a P/E/G ratio of 2.50 and a beta of 1.17. The stock’s fifty day simple moving average is $26.67 and its two-hundred day simple moving average is $27.70. The company has a current ratio of 4.44, a quick ratio of 4.44 and a debt-to-equity ratio of 1.04. Five9, Inc. has a 1-year low of $21.04 and a 1-year high of $49.90.
Five9 (NASDAQ:FIVN – Get Free Report) last issued its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. The firm had revenue of $283.27 million for the quarter, compared to analyst estimates of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business’s revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.52 earnings per share. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. Analysts expect that Five9, Inc. will post 0.28 EPS for the current year.
Insider Activity
In related news, EVP Panos Kozanian sold 7,043 shares of the business’s stock in a transaction on Wednesday, August 13th. The stock was sold at an average price of $25.81, for a total transaction of $181,779.83. Following the sale, the executive vice president directly owned 116,175 shares in the company, valued at approximately $2,998,476.75. The trade was a 5.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders sold 8,443 shares of company stock worth $218,600. Insiders own 1.60% of the company’s stock.
Five9 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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