MAI Capital Management Purchases 3,671 Shares of Five9, Inc. $FIVN

by · The Cerbat Gem

MAI Capital Management raised its position in shares of Five9, Inc. (NASDAQ:FIVN – Free Report) by 229.7% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 5,269 shares of the software maker’s stock after purchasing an additional 3,671 shares during the quarter. MAI Capital Management’s holdings in Five9 were worth $143,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of FIVN. Sylebra Capital LLC grew its stake in shares of Five9 by 59.4% in the fourth quarter. Sylebra Capital LLC now owns 3,745,778 shares of the software maker’s stock worth $152,228,000 after acquiring an additional 1,396,496 shares during the period. Ameriprise Financial Inc. grew its stake in shares of Five9 by 14.8% in the first quarter. Ameriprise Financial Inc. now owns 2,749,505 shares of the software maker’s stock worth $74,649,000 after acquiring an additional 353,939 shares during the period. Van Berkom & Associates Inc. grew its stake in shares of Five9 by 14.2% in the first quarter. Van Berkom & Associates Inc. now owns 2,140,763 shares of the software maker’s stock worth $58,122,000 after acquiring an additional 266,484 shares during the period. Wellington Management Group LLP grew its stake in shares of Five9 by 50.9% in the fourth quarter. Wellington Management Group LLP now owns 1,783,870 shares of the software maker’s stock worth $72,496,000 after acquiring an additional 601,348 shares during the period. Finally, Fuller & Thaler Asset Management Inc. grew its stake in shares of Five9 by 24.6% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,564,920 shares of the software maker’s stock worth $42,488,000 after acquiring an additional 308,508 shares during the period. 96.64% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Five9 news, EVP Panos Kozanian sold 7,043 shares of Five9 stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $25.81, for a total transaction of $181,779.83. Following the transaction, the executive vice president owned 116,175 shares of the company’s stock, valued at $2,998,476.75. The trade was a 5.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 8,443 shares of company stock worth $218,600 over the last quarter. 1.60% of the stock is owned by insiders.

Five9 Price Performance

Shares of NASDAQ:FIVN opened at $26.70 on Friday. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. Five9, Inc. has a 1-year low of $21.04 and a 1-year high of $49.90. The company has a market capitalization of $2.06 billion, a P/E ratio of 296.70, a P/E/G ratio of 2.48 and a beta of 1.17. The firm’s 50 day simple moving average is $26.67 and its two-hundred day simple moving average is $27.59.

Five9 (NASDAQ:FIVN – Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The business had revenue of $283.27 million for the quarter, compared to the consensus estimate of $275.18 million. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. Research analysts expect that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. DA Davidson upgraded shares of Five9 to a “hold” rating in a research note on Monday, August 4th. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 price objective on shares of Five9 in a report on Friday, August 1st. Piper Sandler dropped their price objective on shares of Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a report on Monday, July 14th. Canaccord Genuity Group reissued a “buy” rating and issued a $40.00 price objective on shares of Five9 in a report on Friday, August 1st. Finally, KeyCorp started coverage on shares of Five9 in a report on Friday, June 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Thirteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Five9 presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.59.

Check Out Our Latest Analysis on Five9

About Five9

(Free Report)

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.

See Also

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