Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 17,767 shares of the firm’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $35.03, for a total value of $622,378.01. Following the transaction, the president directly owned 257,920 shares of the company’s stock, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andy Dignan also recently made the following trade(s):
- On Friday, June 5th, Andy Dignan sold 3,073 shares of Five9 stock. The stock was sold at an average price of $24.25, for a total transaction of $74,520.25.
- On Thursday, June 4th, Andy Dignan sold 8,203 shares of Five9 stock. The stock was sold at an average price of $24.76, for a total transaction of $203,106.28.
Five9 Stock Down 1.5%
NASDAQ FIVN traded down $0.53 during trading hours on Tuesday, reaching $34.03. 1,672,413 shares of the company’s stock traded hands, compared to its average volume of 2,809,968. Five9, Inc. has a 52-week low of $13.29 and a 52-week high of $35.17. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15. The firm has a 50-day simple moving average of $27.49 and a 200 day simple moving average of $21.63. The firm has a market cap of $2.61 billion, a PE ratio of 49.32 and a beta of 1.42.
Analyst Ratings Changes
A number of equities analysts recently weighed in on FIVN shares. Canaccord Genuity Group boosted their price objective on shares of Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a report on Monday, August 24th. Wells Fargo & Company increased their target price on Five9 from $24.00 to $32.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 25th. DA Davidson boosted their price target on Five9 from $22.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, August 10th. Rosenblatt Securities increased their price objective on Five9 from $29.00 to $32.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Finally, UBS Group reissued a “positive” rating on shares of Five9 in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $33.14.
View Our Latest Analysis on Five9
Institutional Investors Weigh In On Five9
A number of hedge funds have recently added to or reduced their stakes in FIVN. California State Teachers Retirement System boosted its stake in shares of Five9 by 0.8% in the 2nd quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock worth $1,832,000 after buying an additional 549 shares during the last quarter. Citizens Financial Group Inc. RI increased its position in Five9 by 7.3% during the fourth quarter. Citizens Financial Group Inc. RI now owns 11,358 shares of the software maker’s stock valued at $228,000 after acquiring an additional 776 shares during the last quarter. Franklin Resources Inc. increased its position in Five9 by 1.5% during the fourth quarter. Franklin Resources Inc. now owns 56,303 shares of the software maker’s stock valued at $1,129,000 after acquiring an additional 807 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in Five9 by 378.7% in the first quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after acquiring an additional 1,367 shares during the period. Finally, Quarry LP bought a new position in Five9 in the third quarter valued at about $33,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.
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.
Featured Articles
- Five stocks we like better than Five9
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
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.
