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

Five9, Inc. (NASDAQ:FIVN) has been given an average rating of “Moderate Buy” by the nineteen ratings firms that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and thirteen have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $32.9333.

A number of equities research analysts have recently commented on the company. Zacks Research downgraded Five9 from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Cantor Fitzgerald decreased their price target on Five9 from $36.00 to $32.00 and set an “overweight” rating on the stock in a research note on Friday, November 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Five9 in a report on Monday, December 22nd. Morgan Stanley set a $30.00 price objective on shares of Five9 in a report on Tuesday, October 21st. Finally, HSBC raised shares of Five9 to a “buy” rating in a research report on Thursday, December 18th.

Five9 Stock Performance

NASDAQ:FIVN opened at $19.94 on Tuesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 4.61 and a quick ratio of 4.61. The firm has a market cap of $1.56 billion, a PE ratio of 55.39, a P/E/G ratio of 1.24 and a beta of 1.35. The firm has a 50 day simple moving average of $20.95 and a 200-day simple moving average of $24.14. Five9 has a 1-year low of $17.71 and a 1-year high of $49.90.

Five9 (NASDAQ:FIVN) last released its earnings results on Friday, August 22nd. The software maker reported $0.76 EPS for the quarter. The firm had revenue of $283.27 million during the quarter. Five9 had a net margin of 2.77% and a return on equity of 10.59%. On average, equities analysts expect that Five9 will post 0.28 EPS for the current year.

Five9 declared that its board has authorized a share buyback program on Tuesday, November 11th that authorizes the company to buyback $50.00 million in outstanding shares. This buyback authorization authorizes the software maker to buy up to 3.2% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Insider Buying and Selling

In related news, insider Tiffany N. Meriweather sold 6,852 shares of Five9 stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $20.35, for a total value of $139,438.20. Following the transaction, the insider owned 212,126 shares in the company, valued at approximately $4,316,764.10. This trade represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Panos Kozanian sold 10,858 shares of the company’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $20.42, for a total value of $221,720.36. Following the sale, the executive vice president owned 94,457 shares of the company’s stock, valued at $1,928,811.94. This represents a 10.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 66,739 shares of company stock worth $1,364,010 over the last 90 days. Company insiders own 1.60% of the company’s stock.

Institutional Trading of Five9

A number of institutional investors have recently modified their holdings of FIVN. Voss Capital LP raised its holdings in Five9 by 40.0% in the third quarter. Voss Capital LP now owns 4,550,000 shares of the software maker’s stock valued at $110,110,000 after buying an additional 1,300,000 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Five9 by 292.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,679,356 shares of the software maker’s stock worth $72,745,000 after acquiring an additional 1,996,628 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Five9 by 36.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,863,081 shares of the software maker’s stock valued at $49,341,000 after acquiring an additional 497,344 shares during the period. Anson Funds Management LP raised its stake in shares of Five9 by 98.5% in the 3rd quarter. Anson Funds Management LP now owns 1,534,272 shares of the software maker’s stock valued at $37,129,000 after acquiring an additional 761,486 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Five9 by 2.4% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,515,813 shares of the software maker’s stock valued at $36,683,000 after purchasing an additional 35,946 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.

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.