Clark Capital Management Group Inc. Has $11.24 Million Holdings in Five9, Inc. $FIVN

Clark Capital Management Group Inc. raised its holdings in Five9, Inc. (NASDAQ:FIVN) by 82.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 464,545 shares of the software maker’s stock after buying an additional 210,304 shares during the period. Clark Capital Management Group Inc.’s holdings in Five9 were worth $11,242,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Global Retirement Partners LLC boosted its stake in shares of Five9 by 81.7% during the 3rd quarter. Global Retirement Partners LLC now owns 1,228 shares of the software maker’s stock worth $30,000 after acquiring an additional 552 shares during the period. Nisa Investment Advisors LLC raised its stake in Five9 by 36.4% in the 3rd quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the software maker’s stock valued at $39,000 after acquiring an additional 435 shares during the period. Pilgrim Partners Asia Pte Ltd acquired a new stake in Five9 during the 3rd quarter valued at $45,000. Neo Ivy Capital Management acquired a new stake in Five9 during the 3rd quarter valued at $66,000. Finally, CWM LLC boosted its position in Five9 by 800.6% during the third quarter. CWM LLC now owns 3,179 shares of the software maker’s stock worth $77,000 after purchasing an additional 2,826 shares during the period. 96.64% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Barclays decreased their price objective on shares of Five9 from $29.00 to $25.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Morgan Stanley reduced their target price on shares of Five9 from $30.00 to $26.00 and set an “equal weight” rating for the company in a report on Thursday, January 15th. Wells Fargo & Company decreased their price target on shares of Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, February 20th. DA Davidson set a $24.00 price target on shares of Five9 in a report on Thursday, December 18th. Finally, Truist Financial cut their price objective on shares of Five9 from $40.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, February 20th. Twelve investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $27.12.

Five9 Stock Down 3.0%

Shares of FIVN opened at $15.76 on Monday. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.94. Five9, Inc. has a 12 month low of $15.68 and a 12 month high of $31.78. The firm’s 50 day moving average is $17.84 and its 200-day moving average is $20.81. The stock has a market capitalization of $1.21 billion, a PE ratio of 34.26, a P/E/G ratio of 0.76 and a beta of 1.29.

Five9 (NASDAQ:FIVN) last issued its quarterly earnings results on Thursday, February 19th. The software maker reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The business 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 firm’s revenue for the quarter was up 7.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.79 earnings per share. Five9 has set its Q1 2026 guidance at 0.100-0.170 EPS and its FY 2026 guidance at 0.860-0.950 EPS. Equities research analysts forecast that Five9, Inc. will post 0.28 EPS for the current year.

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.