FIVN.NASDAQFive9, INC

SCHEDULE 13G/A: Alyeska Investment Group Discloses 4.23% Stake in Five9, Inc.

Sentiment:

Beneficial Ownership Statement


Alyeska Investment Group, L.P., along with its affiliates, has disclosed a beneficial ownership of 4.23% of Five9, Inc.'s common stock as of December 31, 2024.

Summary

  • Alyeska Investment Group, L.P., Alyeska Fund GP, LLC, and Anand Parekh collectively reported beneficial ownership of 3,183,415 shares of Five9, Inc. common stock.
  • This represents 4.23% of Five9, Inc.'s total outstanding common stock.
  • The reporting persons hold shared voting power and shared dispositive power over all 3,183,415 shares.
  • The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Five9, Inc.
  • The percentage calculation is based on 75,208,409 outstanding shares of Five9, Inc. common stock, as reported in the Issuer's Quarterly Report Form 10-Q filed on November 7, 2024.

Sentiment

Score: 5

Explanation: The document is a factual regulatory disclosure of beneficial ownership and does not convey positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding the issuer's future outlook.

Industry Context

This filing reflects a passive investment by an institutional investor in Five9, Inc., a company operating in the cloud contact center software industry. Such disclosures are standard for significant, non-controlling stakes and do not inherently indicate broader industry trends or competitive shifts.

Stakeholder Impact

  • This filing primarily impacts shareholders by providing transparency regarding significant institutional ownership. It indicates a notable, but non-controlling, investment by Alyeska Investment Group in Five9, Inc.

Key Dates

DateDescription
2024-11-07Date of Five9, Inc.'s Quarterly Report Form 10-Q filing, which provided the basis for the outstanding shares calculation.
2024-12-31Date of the event which required the filing of this statement (beneficial ownership snapshot date).
2025-02-14Date of filing of this Schedule 13G Amendment No. 1.

Keywords

Five9 Inc., FIVN, Alyeska Investment Group, Alyeska Fund GP, Anand Parekh, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, SEC Filing

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