Five9, Inc. $FIVN Shares Sold by Rhumbline Advisers

Rhumbline Advisers lowered its position in shares of Five9, Inc. (NASDAQ:FIVN) by 6.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,261 shares of the software maker’s stock after selling 6,200 shares during the quarter. Rhumbline Advisers owned approximately 0.11% of Five9 worth $2,260,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in FIVN. Kayne Anderson Rudnick Investment Management LLC increased its holdings in shares of Five9 by 419.2% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker’s stock valued at $61,000 after purchasing an additional 1,811 shares during the last quarter. Quarry LP acquired a new stake in shares of Five9 in the first quarter valued at approximately $74,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Five9 by 11,392.9% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 3,218 shares of the software maker’s stock valued at $87,000 after purchasing an additional 3,190 shares during the last quarter. Bayforest Capital Ltd acquired a new stake in shares of Five9 in the first quarter valued at approximately $127,000. Finally, State of Wyoming increased its holdings in shares of Five9 by 41.6% in the fourth quarter. State of Wyoming now owns 4,717 shares of the software maker’s stock valued at $192,000 after purchasing an additional 1,386 shares during the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.

Five9 Stock Up 1.7%

Shares of NASDAQ FIVN opened at $25.94 on Thursday. The stock has a market cap of $2.00 billion, a P/E ratio of 288.25, a PEG ratio of 2.40 and a beta of 1.17. 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 12-month low of $21.04 and a 12-month high of $49.90. The business’s fifty day simple moving average is $26.41 and its 200-day simple moving average is $26.84.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data 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 business had revenue of $283.27 million for the quarter, compared to analysts’ expectations of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The company’s revenue for the quarter was up 12.4% compared to the same quarter last year. During the same period last year, the firm earned $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. As a group, equities analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Insider Buying and Selling at Five9

In other news, insider Tiffany N. Meriweather sold 7,861 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.72, for a total transaction of $202,184.92. Following the completion of the transaction, the insider directly owned 218,978 shares of the company’s stock, valued at approximately $5,632,114.16. This represents a 3.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, President Andy Dignan sold 7,614 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.48, for a total value of $194,004.72. Following the transaction, the president directly owned 218,125 shares of the company’s stock, valued at approximately $5,557,825. This represents a 3.37% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 60,781 shares of company stock worth $1,565,453. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on FIVN shares. Canaccord Genuity Group reaffirmed a “buy” rating and issued a $40.00 price target on shares of Five9 in a report on Friday, August 1st. DA Davidson reiterated a “neutral” rating and issued a $28.00 price objective on shares of Five9 in a research report on Friday, September 12th. Wall Street Zen upgraded Five9 from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Rosenblatt Securities reiterated a “buy” rating and issued a $36.00 price objective on shares of Five9 in a research report on Friday, August 1st. Finally, KeyCorp initiated coverage on Five9 in a research report on Friday, June 6th. They issued an “overweight” rating and a $35.00 price objective for the company. Thirteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $37.59.

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.