Five9, Inc. (NASDAQ:FIVN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Five9, Inc. (NASDAQ:FIVN) have received an average rating of “Moderate Buy” from the nineteen research firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twelve have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $32.0667.

FIVN has been the topic of a number of recent analyst reports. DA Davidson set a $24.00 target price on shares of Five9 in a research report on Thursday, December 18th. Morgan Stanley dropped their price objective on Five9 from $30.00 to $26.00 and set an “equal weight” rating on the stock in a report on Thursday, January 15th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Five9 in a research report on Monday, December 29th. Wall Street Zen cut Five9 from a “strong-buy” rating to a “buy” rating in a research report on Sunday. Finally, Wells Fargo & Company dropped their price target on Five9 from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Friday, November 7th.

Insiders Place Their Bets

In other Five9 news, CAO Leena Mansharamani sold 2,951 shares of the stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $20.41, for a total transaction of $60,229.91. Following the completion of the sale, the chief accounting officer directly owned 38,571 shares of the company’s stock, valued at approximately $787,234.11. This trade represents a 7.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Tiffany N. Meriweather sold 6,852 shares of Five9 stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $20.35, for a total value of $139,438.20. Following the completion of the transaction, the insider owned 212,126 shares in the company, valued at $4,316,764.10. This trade represents a 3.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 65,339 shares of company stock valued at $1,330,186. 1.60% of the stock is owned by insiders.

Hedge Funds Weigh In On Five9

Large investors have recently modified their holdings of the business. Guggenheim Capital LLC increased its holdings in Five9 by 5.3% in the fourth quarter. Guggenheim Capital LLC now owns 38,342 shares of the software maker’s stock valued at $769,000 after buying an additional 1,938 shares in the last quarter. AQR Capital Management LLC raised its holdings in Five9 by 288.7% during the fourth quarter. AQR Capital Management LLC now owns 433,720 shares of the software maker’s stock worth $8,683,000 after purchasing an additional 322,132 shares during the last quarter. Laird Norton Wetherby Trust Company LLC purchased a new stake in Five9 during the fourth quarter worth $1,421,000. Price T Rowe Associates Inc. MD grew its holdings in Five9 by 9.7% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 81,366 shares of the software maker’s stock valued at $1,632,000 after purchasing an additional 7,207 shares during the last quarter. Finally, Vinva Investment Management Ltd increased its position in shares of Five9 by 29.8% in the fourth quarter. Vinva Investment Management Ltd now owns 21,775 shares of the software maker’s stock valued at $437,000 after buying an additional 4,998 shares in the last quarter. 96.64% of the stock is owned by hedge funds and other institutional investors.

Five9 Stock Performance

Shares of Five9 stock opened at $16.33 on Wednesday. The company has a quick ratio of 4.61, a current ratio of 4.61 and a debt-to-equity ratio of 0.96. Five9 has a 52 week low of $15.70 and a 52 week high of $49.90. The firm’s 50 day moving average is $18.87 and its two-hundred day moving average is $21.85. The firm has a market capitalization of $1.28 billion, a P/E ratio of 45.36, a P/E/G ratio of 0.85 and a beta of 1.32.

Five9 announced that its board has approved a stock repurchase plan on Tuesday, November 11th that allows the company to repurchase $50.00 million in shares. This repurchase authorization allows the software maker to reacquire up to 3.2% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Five9 Company Profile

Five9, Inc (NASDAQ: FIVN) is a leading provider of cloud-based contact center software designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels. Its platform offers features such as intelligent routing, analytics, workforce optimization and integrated customer relationship management (CRM) connectors. The company emphasizes AI-driven capabilities, including virtual agents and predictive dialing, to enhance both agent productivity and customer experience.

Founded in 2001 and headquartered in San Ramon, California, Five9 completed its initial public offering in February 2014.