Investors Buy Large Volume of Call Options on Five9 (NASDAQ:FIVN)

Five9, Inc. (NASDAQ:FIVN) was the recipient of unusually large options trading activity on Tuesday. Traders acquired 8,504 call options on the company. This represents an increase of approximately 2,115% compared to the typical daily volume of 384 call options.

Analyst Ratings Changes

A number of equities research analysts recently commented on FIVN shares. Wall Street Zen upgraded 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 set a $36.00 price target on shares of Five9 in a research note on Friday, August 1st. KeyCorp initiated coverage on shares of Five9 in a report on Friday, June 6th. They issued an “overweight” rating and a $35.00 price target for the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a $40.00 price objective on shares of Five9 in a report on Friday, August 1st. Finally, DA Davidson reiterated a “neutral” rating and issued a $28.00 price objective on shares of Five9 in a research report on Friday, September 12th. Thirteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $37.59.

Insider Transactions at Five9

In other news, CEO Michael Burkland sold 18,425 shares of the stock in a transaction on Thursday, September 4th. The shares were sold at an average price of $25.72, for a total value of $473,891.00. Following the completion of the transaction, the chief executive officer owned 367,562 shares in the company, valued at approximately $9,453,694.64. This represents a 4.77% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CFO Bryan M. Lee sold 1,889 shares of Five9 stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $25.72, for a total transaction of $48,585.08. Following the sale, the chief financial officer owned 237,488 shares in the company, valued at approximately $6,108,191.36. This trade represents a 0.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 60,781 shares of company stock worth $1,565,453. 1.60% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Xponance Inc. boosted its position in Five9 by 4.4% during the first quarter. Xponance Inc. now owns 9,835 shares of the software maker’s stock worth $267,000 after purchasing an additional 414 shares during the period. State of Wyoming raised its position in shares of Five9 by 11.5% in the first quarter. State of Wyoming now owns 5,260 shares of the software maker’s stock valued at $143,000 after purchasing an additional 543 shares during the period. California State Teachers Retirement System lifted its stake in shares of Five9 by 0.8% during the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock worth $1,832,000 after buying an additional 549 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Five9 by 3.2% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 18,685 shares of the software maker’s stock worth $495,000 after buying an additional 583 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Five9 by 10.3% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,240 shares of the software maker’s stock valued at $271,000 after buying an additional 953 shares during the last quarter. Institutional investors own 96.64% of the company’s stock.

Five9 Trading Down 4.9%

NASDAQ FIVN opened at $26.03 on Wednesday. Five9 has a 52 week low of $21.04 and a 52 week high of $49.90. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44. The stock’s 50 day moving average price is $26.40 and its two-hundred day moving average price is $26.60. The stock has a market capitalization of $2.01 billion, a price-to-earnings ratio of 289.25, a PEG ratio of 2.58 and a beta of 1.17.

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

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.