Five9 Target of Unusually High Options Trading (NASDAQ:FIVN)

Five9, Inc. (NASDAQ:FIVN) saw unusually large options trading activity on Thursday. Investors purchased 8,291 call options on the company. This represents an increase of approximately 88% compared to the average daily volume of 4,418 call options.

Insider Activity

In other Five9 news, CRO Matthew E. Tuckness sold 8,645 shares of the company’s stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $214,482.45. Following the transaction, the executive directly owned 281,492 shares in the company, valued at approximately $6,983,816.52. This represents a 2.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CAO Leena Mansharamani sold 2,556 shares of Five9 stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $63,414.36. Following the completion of the sale, the chief accounting officer directly owned 57,698 shares of the company’s stock, valued at $1,431,487.38. The trade was a 4.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 85,820 shares of company stock worth $2,014,057 in the last quarter. 1.20% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Amundi grew its stake in shares of Five9 by 8.3% in the first quarter. Amundi now owns 40,291 shares of the software maker’s stock worth $1,017,000 after purchasing an additional 3,079 shares in the last quarter. Guggenheim Capital LLC raised its position in shares of Five9 by 95.7% during the 2nd quarter. Guggenheim Capital LLC now owns 27,826 shares of the software maker’s stock worth $737,000 after buying an additional 13,606 shares in the last quarter. California Public Employees Retirement System lifted its stake in shares of Five9 by 39.4% in the 2nd quarter. California Public Employees Retirement System now owns 121,700 shares of the software maker’s stock worth $3,223,000 after acquiring an additional 34,375 shares during the period. Qube Research & Technologies Ltd boosted its holdings in shares of Five9 by 52.7% in the second quarter. Qube Research & Technologies Ltd now owns 31,182 shares of the software maker’s stock valued at $826,000 after acquiring an additional 10,755 shares in the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in shares of Five9 by 147.2% during the second quarter. The Manufacturers Life Insurance Company now owns 40,137 shares of the software maker’s stock valued at $1,063,000 after acquiring an additional 23,901 shares during the period. Institutional investors and hedge funds own 96.64% of the company’s stock.

Five9 Stock Down 3.9%

NASDAQ FIVN traded down $0.83 on Thursday, reaching $20.52. The company had a trading volume of 2,002,625 shares, compared to its average volume of 2,847,710. The company has a debt-to-equity ratio of 0.89, a current ratio of 4.51 and a quick ratio of 4.51. Five9 has a 1 year low of $13.29 and a 1 year high of $29.71. The firm has a 50-day moving average of $19.37 and a 200-day moving average of $18.71. The firm has a market capitalization of $1.57 billion, a PE ratio of 31.10, a P/E/G ratio of 0.96 and a beta of 1.45.

Five9 (NASDAQ:FIVN) last posted its earnings results on Thursday, April 30th. The software maker reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.07. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The business had revenue of $305.32 million for the quarter, compared to analysts’ expectations of $299.92 million. During the same period in the previous year, the company posted $0.62 earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Five9 has set its FY 2026 guidance at 3.220-3.300 EPS and its Q2 2026 guidance at 0.650-0.690 EPS. On average, equities research analysts anticipate that Five9 will post 1.39 EPS for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the company. Robert W. Baird lowered their price target on Five9 from $24.00 to $19.00 and set a “neutral” rating for the company in a report on Monday, February 23rd. Cantor Fitzgerald increased their price target on shares of Five9 from $22.00 to $24.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Rosenblatt Securities increased their target price on Five9 from $26.00 to $29.00 and gave the stock a “buy” rating in a research report on Tuesday, May 5th. Weiss Ratings raised Five9 from a “sell (d)” rating to a “sell (d+)” rating in a research report on Tuesday, May 19th. Finally, Canaccord Genuity Group cut their price objective on Five9 from $40.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Ten analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Five9 has an average rating of “Moderate Buy” and an average price target of $25.93.

Five9 Company Profile

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.