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

Key Points

• Five9 experienced an exceptional increase in options trading, with 8,504 call options purchased, marking a 2,115% rise from the average volume of 384 call options.
• Insiders at Five9 sold a total of 60,781 shares over the last ninety days, representing a notable decrease in ownership for both a director and the CEO.
• Wall Street analysts have generally rated Five9 positively, with a consensus target price of $37.59, indicating growth potential for the stock.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) was the recipient of unusually large options trading on Tuesday. Stock investors purchased 8,504 call options on the stock. This is an increase of 2,115% compared to the average volume of 384 call options.

Insider Transactions at Five9

In other news, insider Tiffany N. Meriweather sold 7,861 shares of Five9 stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.72, for a total value of $202,184.92. Following the sale, the insider directly owned 218,978 shares of the company's stock, valued at approximately $5,632,114.16. The trade was a 3.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Michael Burkland sold 18,425 shares of Five9 stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.72, for a total value of $473,891.00. Following the completion of the sale, the chief executive officer directly owned 367,562 shares in the company, valued at $9,453,694.64. This trade represents a 4.77% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 60,781 shares of company stock valued at $1,565,453. 1.60% of the stock is owned by insiders.

Institutional Trading of Five9

Large investors have recently modified their holdings of the company. Quantinno Capital Management LP purchased a new stake in shares of Five9 in the fourth quarter valued at approximately $287,000. Royal Bank of Canada boosted its holdings in shares of Five9 by 6.0% in the fourth quarter. Royal Bank of Canada now owns 369,001 shares of the software maker's stock valued at $14,997,000 after purchasing an additional 20,775 shares during the period. Man Group plc bought a new position in Five9 in the fourth quarter worth approximately $354,000. Cetera Investment Advisers raised its stake in Five9 by 60.1% in the fourth quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker's stock worth $545,000 after buying an additional 5,032 shares in the last quarter. Finally, Teacher Retirement System of Texas bought a new position in Five9 in the first quarter worth approximately $433,000. Hedge funds and other institutional investors own 96.64% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on FIVN shares. KeyCorp assumed coverage on Five9 in a report on Friday, June 6th. They issued an "overweight" rating and a $35.00 target price on the stock. Piper Sandler dropped their price target on Five9 from $36.00 to $31.00 and set an "overweight" rating for the company in a research report on Monday, July 14th. DA Davidson upgraded Five9 to a "hold" rating in a research report on Monday, August 4th. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $36.00 price target on shares of Five9 in a research report on Friday, August 1st. Thirteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $37.59.

Five9 Stock Down 1.1%

Shares of NASDAQ:FIVN opened at $26.38 on Wednesday. Five9 has a 1 year low of $21.04 and a 1 year high of $49.90. The business has a 50 day simple moving average of $26.67 and a two-hundred day simple moving average of $27.28. The firm has a market capitalization of $2.04 billion, a PE ratio of 293.14, a price-to-earnings-growth ratio of 2.51 and a beta of 1.17. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44.

Five9 (NASDAQ:FIVN - Get Free Report) last announced its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.11. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business had revenue of $283.27 million during the quarter, compared to analyst estimates of $275.18 million. During the same quarter in the previous year, the business earned $0.52 earnings per share. The company's revenue for the quarter was up 12.4% compared to the same quarter last year. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, equities analysts predict that Five9 will post 0.28 EPS for the current 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.

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