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

Five9, Inc. (NASDAQ:FIVN) saw unusually large options trading activity on Thursday. Stock investors acquired 8,291 call options on the stock. This is an increase of approximately 88% compared to the average volume of 4,418 call options.

Analyst Upgrades and Downgrades

FIVN has been the topic of several analyst reports. Wells Fargo & Company reduced their price objective on shares of Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a research note on Friday, February 20th. Zacks Research lowered shares of Five9 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 2nd. Wall Street Zen upgraded shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Monday, February 23rd. Robert W. Baird dropped their target price on shares of Five9 from $24.00 to $19.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Finally, Piper Sandler restated a “neutral” rating and issued a $24.00 target price (up from $21.00) on shares of Five9 in a report on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $25.93.

Insider Buying and Selling

In related news, CRO Matthew E. Tuckness sold 8,645 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.81, for a total value of $214,482.45. Following the sale, the executive owned 281,492 shares of the company’s stock, valued at $6,983,816.52. The trade was a 2.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Panos Kozanian sold 5,869 shares of the business’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $24.81, for a total transaction of $145,609.89. Following the completion of the sale, the executive vice president directly owned 161,671 shares in the company, valued at approximately $4,011,057.51. This represents a 3.50% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 85,820 shares of company stock valued at $2,014,057 over the last quarter. 1.20% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Five9

Institutional investors have recently made changes to their positions in the stock. EverSource Wealth Advisors LLC raised its holdings in shares of Five9 by 378.7% during the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after purchasing an additional 1,367 shares during the period. Quarry LP acquired a new position in shares of Five9 during the third quarter valued at about $33,000. Optiver Holding B.V. raised its holdings in shares of Five9 by 575.9% during the first quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock valued at $35,000 after purchasing an additional 1,981 shares during the period. Rothschild Investment LLC raised its holdings in shares of Five9 by 3,572.0% during the fourth quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after purchasing an additional 1,786 shares during the period. Finally, NewEdge Advisors LLC acquired a new position in shares of Five9 during the first quarter valued at about $38,000. Institutional investors and hedge funds own 96.64% of the company’s stock.

Five9 Price Performance

Shares of NASDAQ FIVN opened at $21.23 on Friday. The firm’s 50-day moving average price is $19.60 and its 200-day moving average price is $18.74. Five9 has a 1-year low of $13.29 and a 1-year high of $29.71. The firm has a market capitalization of $1.63 billion, a P/E ratio of 32.17, a P/E/G ratio of 0.92 and a beta of 1.45. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Thursday, April 30th. The software maker reported $0.76 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.07. Five9 had a net margin of 4.87% and a return on equity of 12.66%. The firm had revenue of $305.32 million for the quarter, compared to analyst estimates of $299.92 million. During the same quarter in the prior year, the business earned $0.62 earnings per share. The business’s quarterly revenue 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. Equities research analysts anticipate that Five9 will post 1.39 earnings per share for the current fiscal year.

About Five9

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.