Gagnon Securities LLC Sells 108,049 Shares of Five9, Inc. $FIVN

Gagnon Securities LLC trimmed its position in Five9, Inc. (NASDAQ:FIVN) by 26.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 299,403 shares of the software maker’s stock after selling 108,049 shares during the period. Five9 comprises 1.5% of Gagnon Securities LLC’s portfolio, making the stock its 24th biggest holding. Gagnon Securities LLC owned about 0.39% of Five9 worth $7,246,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in FIVN. Federated Hermes Inc. boosted its holdings in shares of Five9 by 1.6% in the third quarter. Federated Hermes Inc. now owns 843,759 shares of the software maker’s stock worth $20,419,000 after buying an additional 13,529 shares during the last quarter. Hussman Strategic Advisors Inc. purchased a new position in shares of Five9 during the 3rd quarter worth $1,016,000. Pilgrim Partners Asia Pte Ltd bought a new stake in shares of Five9 during the 3rd quarter valued at $45,000. Generali Investments Towarzystwo Funduszy Inwestycyjnych grew its position in shares of Five9 by 8.8% during the 3rd quarter. Generali Investments Towarzystwo Funduszy Inwestycyjnych now owns 74,000 shares of the software maker’s stock valued at $1,791,000 after acquiring an additional 6,000 shares during the period. Finally, Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Five9 in the 3rd quarter worth $230,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.

Insider Buying and Selling

In other news, CAO Leena Mansharamani sold 2,951 shares of Five9 stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $20.41, for a total value of $60,229.91. Following the sale, the chief accounting officer directly owned 38,571 shares of the company’s stock, valued at approximately $787,234.11. The trade was a 7.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CRO Matthew E. Tuckness sold 5,255 shares of the 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 $106,939.25. Following the transaction, the executive directly owned 176,379 shares of the company’s stock, valued at approximately $3,589,312.65. The trade was a 2.89% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 66,039 shares of company stock worth $1,347,231 in the last 90 days. 1.60% of the stock is owned by company insiders.

Five9 Stock Down 2.6%

NASDAQ FIVN opened at $17.79 on Friday. Five9, Inc. has a 12 month low of $16.96 and a 12 month high of $49.90. The company has a current ratio of 4.61, a quick ratio of 4.61 and a debt-to-equity ratio of 0.96. The stock has a market cap of $1.39 billion, a PE ratio of 49.42, a P/E/G ratio of 0.92 and a beta of 1.32. The stock’s 50 day moving average is $19.66 and its 200 day moving average is $22.85.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Thursday, November 6th. The software maker reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.73 by $0.05. Five9 had a net margin of 2.77% and a return on equity of 10.59%. The business had revenue of $285.83 million during the quarter, compared to analyst estimates of $285.15 million. During the same period last year, the firm posted $0.67 EPS. The company’s revenue was up 8.2% on a year-over-year basis. Five9 has set its Q4 2025 guidance at 0.760-0.80 EPS. Research analysts predict that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Five9 declared that its board has approved a share repurchase plan on Tuesday, November 11th that permits the company to buyback $50.00 million in shares. This buyback authorization permits the software maker to purchase up to 3.2% of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Wells Fargo & Company lowered their target price on Five9 from $28.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Friday, November 7th. Cantor Fitzgerald cut their price objective on Five9 from $36.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, November 7th. Wall Street Zen lowered shares of Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 20th. Needham & Company LLC reaffirmed a “buy” rating and set a $40.00 price target on shares of Five9 in a report on Thursday, December 18th. Finally, DA Davidson set a $24.00 price target on shares of Five9 in a research report on Thursday, December 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $32.07.

About Five9

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.