Five9, Inc. (NASDAQ:FIVN – Get Free Report) was the recipient of unusually large options trading on Tuesday. Stock investors bought 8,504 call options on the stock. This is an increase of 2,115% compared to the typical volume of 384 call options.
Hedge Funds Weigh In On Five9
Hedge funds and other institutional investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC increased its position in shares of Five9 by 36.4% during the third quarter. Nisa Investment Advisors LLC now owns 1,630 shares of the software maker’s stock worth $39,000 after acquiring an additional 435 shares in the last quarter. California State Teachers Retirement System lifted its position in Five9 by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock valued at $1,832,000 after acquiring an additional 549 shares in the last quarter. Global Retirement Partners LLC lifted its position in Five9 by 81.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,228 shares of the software maker’s stock valued at $30,000 after acquiring an additional 552 shares in the last quarter. Citizens Financial Group Inc. RI boosted its stake in Five9 by 7.3% in the 4th quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock worth $228,000 after purchasing an additional 776 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al boosted its stake in Five9 by 9.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 9,300 shares of the software maker’s stock worth $225,000 after purchasing an additional 800 shares during the period. 96.64% of the stock is owned by institutional investors.
Five9 Stock Performance
Shares of Five9 stock opened at $15.03 on Wednesday. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.51 and a quick ratio of 4.51. The firm has a 50 day simple moving average of $17.29 and a 200 day simple moving average of $20.27. Five9 has a fifty-two week low of $15.00 and a fifty-two week high of $31.78. The firm has a market cap of $1.15 billion, a P/E ratio of 32.67, a P/E/G ratio of 0.78 and a beta of 1.30.
Wall Street Analyst Weigh In
Several research analysts recently issued reports on the stock. Piper Sandler lowered shares of Five9 from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $26.00 to $21.00 in a research report on Monday, January 5th. Robert W. Baird dropped their price objective on Five9 from $24.00 to $19.00 and set a “neutral” rating for the company in a research note on Monday, February 23rd. Cantor Fitzgerald cut their price objective on Five9 from $32.00 to $26.00 and set an “overweight” rating for the company in a report on Friday, February 20th. DA Davidson set a $24.00 target price on shares of Five9 in a research note on Thursday, December 18th. Finally, Royal Bank Of Canada dropped their target price on shares of Five9 from $35.00 to $25.00 and set an “outperform” rating for the company in a research report on Friday, February 20th. Twelve investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $27.12.
Read Our Latest Research Report on FIVN
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.
See Also
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.
