Andy Dignan Sells 700 Shares of Five9 (NASDAQ:FIVN) Stock

Five9, Inc. (NASDAQ:FIVN) President Andy Dignan sold 700 shares of Five9 stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $23.97, for a total transaction of $16,779.00. Following the transaction, the president directly owned 216,725 shares of the company’s stock, valued at approximately $5,194,898.25. This trade represents a 0.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Andy Dignan also recently made the following trade(s):

• On Friday, September 5th, Andy Dignan sold 700 shares of Five9 stock. The shares were sold at an average price of $26.48, for a total transaction of $18,536.00.
• On Thursday, September 4th, Andy Dignan sold 7,614 shares of Five9 stock. The stock was sold at an average price of $25.48, for a total value of $194,004.72.
• On Friday, August 1st, Andy Dignan sold 700 shares of Five9 stock. The stock was sold at an average price of $26.16, for a total value of $18,312.00.

Five9 Stock Down 0.9%

FIVN stock opened at $22.80 on Friday. The business has a 50 day moving average of $25.88 and a 200 day moving average of $26.33. The firm has a market cap of $1.76 billion, a PE ratio of 253.36, a price-to-earnings-growth ratio of 2.17 and a beta of 1.19. Five9, Inc. has a twelve month low of $21.04 and a twelve month high of $49.90. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04.

Five9 (NASDAQ:FIVN) last posted its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, topping 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 firm 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 firm earned $0.52 EPS. Five9’s quarterly revenue 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, research analysts forecast that Five9, Inc. will post 0.28 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on FIVN shares. DA Davidson reissued a “neutral” rating and set a $28.00 price target on shares of Five9 in a research report on Friday, September 12th. Rosenblatt Securities reissued a “buy” rating and issued a $36.00 target price on shares of Five9 in a report on Friday, August 1st. Piper Sandler lowered their price target on Five9 from $36.00 to $31.00 and set an “overweight” rating on the stock in a report on Monday, July 14th. Wells Fargo & Company started coverage on Five9 in a research report on Tuesday. They set an “equal weight” rating and a $28.00 price objective on the stock. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $40.00 target price on shares of Five9 in a research report on Friday, August 1st. Thirteen investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Five9 presently has an average rating of “Moderate Buy” and a consensus price target of $37.88.

Institutional Investors Weigh In On Five9

A number of large investors have recently made changes to their positions in the company. Voss Capital LP grew its holdings in Five9 by 211.4% during the second quarter. Voss Capital LP now owns 3,250,000 shares of the software maker’s stock valued at $86,060,000 after purchasing an additional 2,206,173 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of Five9 by 292.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,679,356 shares of the software maker’s stock valued at $72,745,000 after acquiring an additional 1,996,628 shares during the period. Norges Bank bought a new position in shares of Five9 during the 2nd quarter valued at approximately $39,056,000. Federated Hermes Inc. raised its stake in Five9 by 124,372.3% during the 2nd quarter. Federated Hermes Inc. now owns 830,230 shares of the software maker’s stock worth $21,984,000 after acquiring an additional 829,563 shares during the period. Finally, Assenagon Asset Management S.A. purchased a new position in Five9 during the first quarter valued at approximately $15,777,000. 96.64% of the stock is currently owned by institutional investors.

About Five9

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.