Artisan Partners Limited Partnership Acquires 138,495 Shares of Five9, Inc. $FIVN

Artisan Partners Limited Partnership increased its holdings in shares of Five9, Inc. (NASDAQ:FIVN) by 14.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,104,582 shares of the software maker’s stock after purchasing an additional 138,495 shares during the quarter. Artisan Partners Limited Partnership owned approximately 1.41% of Five9 worth $26,731,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Voss Capital LP boosted its stake in Five9 by 211.4% in the 2nd quarter. Voss Capital LP now owns 3,250,000 shares of the software maker’s stock worth $86,060,000 after purchasing an additional 2,206,173 shares during the period. Norges Bank purchased a new position in shares of Five9 in the second quarter worth $39,056,000. Federated Hermes Inc. boosted its position in shares of Five9 by 124,372.3% during the second quarter. Federated Hermes Inc. now owns 830,230 shares of the software maker’s stock worth $21,984,000 after acquiring an additional 829,563 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Five9 by 238.8% during the third quarter. Assenagon Asset Management S.A. now owns 724,604 shares of the software maker’s stock valued at $17,535,000 after acquiring an additional 510,714 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in 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 last quarter. Institutional investors own 96.64% of the company’s stock.

Five9 Trading Down 6.7%

Shares of FIVN stock opened at $17.44 on Friday. The company has a market cap of $1.33 billion, a PE ratio of 37.91, a price-to-earnings-growth ratio of 0.85 and a beta of 1.32. Five9, Inc. has a 1 year low of $15.70 and a 1 year high of $36.73. The stock’s 50 day simple moving average is $18.35 and its two-hundred day simple moving average is $21.47. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.51 and a quick ratio of 4.61.

Five9 (NASDAQ:FIVN) last announced its earnings results on Thursday, February 19th. The software maker reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $300.28 million during the quarter, compared to analysts’ expectations of $298.21 million. Five9 had a return on equity of 10.95% and a net margin of 3.43%.The company’s quarterly revenue was up 7.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 EPS. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. Research analysts predict that Five9, Inc. will post 0.28 earnings per share for the current year.

Five9 announced that its Board of Directors has initiated a share buyback plan on Tuesday, November 11th that authorizes the company to buyback $50.00 million in shares. This buyback authorization authorizes the software maker to purchase up to 3.2% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Mizuho dropped their price objective on shares of Five9 from $35.00 to $28.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Morgan Stanley dropped their price target on Five9 from $30.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, January 15th. Weiss Ratings restated a “sell (d+)” rating on shares of Five9 in a report on Monday, December 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a report on Thursday, December 18th. Finally, Cantor Fitzgerald lowered their target price on Five9 from $32.00 to $26.00 and set an “overweight” rating for the company in a research report on Friday, February 20th. Thirteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $27.12.

Insiders Place Their Bets

In related news, CEO Michael Burkland sold 17,992 shares of the business’s stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $20.35, for a total transaction of $366,137.20. Following the completion of the transaction, the chief executive officer owned 349,570 shares in the company, valued at $7,113,749.50. The trade was a 4.89% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Matthew E. Tuckness sold 5,255 shares of the company’s stock in a transaction on Thursday, December 4th. The shares were sold at an average price of $20.35, for a total value of $106,939.25. Following the completion of the transaction, the executive directly owned 176,379 shares in the company, valued at $3,589,312.65. This trade represents a 2.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 65,339 shares of company stock valued at $1,330,186. 1.60% of the stock is currently owned by company insiders.

Five9 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.