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San Ramon Today
By the People, for the People
Clark Capital Management Group Inc. Increases Stake in Five9
Investment firm boosts holdings in cloud-based contact center software provider Five9 by 82.7% in Q3
Mar. 16, 2026 at 9:09am
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Clark Capital Management Group Inc. increased its stake in shares of Five9, Inc. (NASDAQ:FIVN) by 82.7% during the third quarter, according to the company's recent disclosure with the Securities & Exchange Commission. The firm now owns 464,545 shares of the software maker's stock, worth approximately $11.24 million.
Why it matters
Five9 is a leading provider of cloud-based contact center software, emphasizing AI-driven capabilities to enhance agent productivity and customer experience. The increased investment by Clark Capital Management Group suggests confidence in Five9's growth potential within the rapidly evolving customer experience technology market.
The details
According to the filing, Clark Capital Management Group acquired an additional 210,304 shares of Five9 during the third quarter, bringing its total holdings to 464,545 shares. This represents about 0.59% of Five9's outstanding stock. The investment firm cited Five9's innovative cloud-based contact center platform and the company's strong market position as factors behind the increased stake.
- Clark Capital Management Group disclosed the increased stake in Five9 in a filing with the SEC on March 16, 2026.
The players
Clark Capital Management Group Inc.
An investment management firm that provides a range of investment strategies and solutions to institutional and individual clients.
Five9, Inc.
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.
The takeaway
The increased investment by Clark Capital Management Group in Five9 reflects the growing importance of cloud-based customer experience technologies as businesses adapt to evolving consumer preferences and the need for more efficient, AI-powered contact center solutions.
