Northwestern Mutual Wealth Management Co. Raises Stake in Five9, Inc. $FIVN

Northwestern Mutual Wealth Management Co. lifted its position in shares of Five9, Inc. (NASDAQ:FIVN) by 11,392.9% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,218 shares of the software maker’s stock after buying an additional 3,190 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Five9 were worth $87,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of FIVN. Bayforest Capital Ltd purchased a new stake in shares of Five9 during the first quarter worth about $127,000. PNC Financial Services Group Inc. grew its holdings in shares of Five9 by 74.7% during the first quarter. PNC Financial Services Group Inc. now owns 6,701 shares of the software maker’s stock worth $182,000 after buying an additional 2,865 shares in the last quarter. State of Wyoming grew its holdings in shares of Five9 by 41.6% during the fourth quarter. State of Wyoming now owns 4,717 shares of the software maker’s stock worth $192,000 after buying an additional 1,386 shares in the last quarter. Menard Financial Group LLC purchased a new stake in shares of Five9 during the fourth quarter worth about $206,000. Finally, Ceera Investments LLC purchased a new stake in shares of Five9 during the first quarter worth about $261,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Panos Kozanian sold 7,043 shares of the business’s stock in a transaction 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 directly owned 116,175 shares of the company’s stock, valued at approximately $2,998,476.75. The trade was a 5.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 8,443 shares of company stock worth $218,600 over the last 90 days. Insiders own 1.60% of the company’s stock.

Five9 Trading Up 1.5%

Shares of FIVN stock opened at $26.70 on Friday. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 296.70, a price-to-earnings-growth ratio of 2.48 and a beta of 1.17. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04. Five9, Inc. has a fifty-two week low of $21.04 and a fifty-two week high of $49.90. The firm’s 50 day moving average price is $26.67 and its two-hundred day moving average price is $27.59.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wall Street Zen raised shares of Five9 from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 target price on shares of Five9 in a research report on Friday, August 1st. DA Davidson raised shares of Five9 to a “hold” rating in a research report on Monday, August 4th. KeyCorp assumed coverage on shares of Five9 in a research report on Friday, June 6th. They issued an “overweight” rating and a $35.00 target price on the stock. Finally, Piper Sandler decreased their target price on shares of Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a research report on Monday, July 14th. Thirteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Five9 has an average rating of “Moderate Buy” and a consensus target price of $37.59.

Five9 Company Profile

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.