Five9 (NASDAQ:FIVN) Shares Down 4.1% – Time to Sell?

Five9, Inc. (NASDAQ:FIVN)’s stock price dropped 4.1% on Wednesday . The company traded as low as $21.07 and last traded at $21.5970. Approximately 949,967 shares were traded during trading, a decline of 66% from the average daily volume of 2,794,648 shares. The stock had previously closed at $22.52.

Wall Street Analyst Weigh In

FIVN has been the subject of a number of analyst reports. Canaccord Genuity Group reduced their price objective on shares of Five9 from $40.00 to $33.00 and set a “buy” rating for the company in a research note on Friday, February 20th. Zacks Research raised Five9 from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 4th. Robert W. Baird lowered their price objective on Five9 from $24.00 to $19.00 and set a “neutral” rating on the stock in a research report on Monday, February 23rd. Royal Bank Of Canada lowered their price objective on Five9 from $35.00 to $25.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Finally, Wells Fargo & Company lowered their price objective on Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research report on Friday, February 20th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $26.53.

Five9 Price Performance

The firm has a market capitalization of $1.68 billion, a P/E ratio of 33.20, a PEG ratio of 0.93 and a beta of 1.32. The company has a debt-to-equity ratio of 0.89, a quick ratio of 4.51 and a current ratio of 4.51. The firm has a 50-day moving average of $16.99 and a 200-day moving average of $18.45.

Five9 (NASDAQ:FIVN) last released its quarterly earnings data on Thursday, April 30th. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.07. The business had revenue of $305.32 million for the quarter, compared to analysts’ expectations of $299.92 million. Five9 had a return on equity of 12.66% and a net margin of 4.87%.The firm’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.62 EPS. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. As a group, analysts predict that Five9, Inc. will post 1.39 EPS for the current year.

Insider Buying and Selling at Five9

In other news, insider Tiffany N. Meriweather sold 21,320 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $20.98, for a total transaction of $447,293.60. Following the transaction, the insider directly owned 281,298 shares of the company’s stock, valued at $5,901,632.04. This represents a 7.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.20% of the stock is owned by insiders.

Hedge Funds Weigh In On Five9

Hedge funds and other institutional investors have recently modified their holdings of the company. Quarry LP bought a new position in shares of Five9 during the 3rd quarter valued at $33,000. Advisory Services Network LLC bought a new position in shares of Five9 during the 3rd quarter valued at $38,000. Nisa Investment Advisors LLC lifted its holdings in shares of Five9 by 36.4% during the 3rd quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the software maker’s stock valued at $39,000 after buying an additional 435 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in shares of Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after buying an additional 1,367 shares during the period. Finally, Rothschild Investment LLC lifted its holdings in shares of Five9 by 3,572.0% during the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after buying an additional 1,786 shares during the period. 96.64% of the stock is owned by institutional investors.

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.