Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 6,986 shares of Five9 stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $35.00, for a total value of $244,510.00. Following the completion of the sale, the president owned 237,614 shares of the company’s stock, valued at $8,316,490. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through 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 Tuesday, September 8th, Andy Dignan sold 2,746 shares of Five9 stock. The shares were sold at an average price of $31.57, for a total transaction of $86,691.22.
- On Friday, September 4th, Andy Dignan sold 10,574 shares of Five9 stock. The stock was sold at an average price of $33.35, for a total transaction of $352,642.90.
- On Friday, August 28th, Andy Dignan sold 17,767 shares of Five9 stock. The shares were sold at an average price of $35.03, for a total transaction of $622,378.01.
Five9 Stock Performance
Five9 stock traded up $4.54 during midday trading on Monday, reaching $37.01. 3,817,133 shares of the company traded hands, compared to its average volume of 2,764,316. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 53.64 and a beta of 1.48. The business has a 50 day moving average of $30.31 and a two-hundred day moving average of $23.13. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $37.13. The company has a debt-to-equity ratio of 0.94, a current ratio of 4.15 and a quick ratio of 4.15.
Analyst Upgrades and Downgrades
A number of analysts recently commented on FIVN shares. Needham & Company LLC reiterated a “buy” rating on shares of Five9 in a research report on Monday. UBS Group reissued a “positive” rating on shares of Five9 in a research report on Monday, August 31st. Cantor Fitzgerald boosted their price target on Five9 from $34.00 to $40.00 and gave the company an “overweight” rating in a research note on Monday. FBN Securities began coverage on shares of Five9 in a research report on Wednesday, September 16th. They set an “outperform” rating and a $40.00 price target for the company. Finally, Zacks Research upgraded shares of Five9 from a “hold” rating to a “strong-buy” rating in a research note on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $34.00.
View Our Latest Research Report on FIVN
Hedge Funds Weigh In On Five9
Institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its position in shares of Five9 by 14.5% in the second quarter. NewEdge Advisors LLC now owns 2,894 shares of the software maker’s stock worth $62,000 after buying an additional 366 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock valued at $26,000 after buying an additional 1,367 shares in the last quarter. Rothschild Investment LLC grew its holdings in Five9 by 3,572.0% during the 4th quarter. Rothschild Investment LLC now owns 1,836 shares of the software maker’s stock valued at $37,000 after buying an additional 1,786 shares in the last quarter. Aurora Investment Counsel increased its stake in Five9 by 2.8% in the 4th quarter. Aurora Investment Counsel now owns 68,463 shares of the software maker’s stock worth $1,373,000 after acquiring an additional 1,836 shares during the last quarter. Finally, Nykredit A S bought a new stake in Five9 in the 2nd quarter worth approximately $39,000. 96.64% of the stock is owned by institutional investors.
Five9 Company Profile
Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.
The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.
Featured Stories
- Five stocks we like better than Five9
- Can Bloom Energy Pop the Top Off AI’s Massive Energy Bottleneck?
- Coach’s Momentum Powers Tapestry Despite the Stock’s Sharp Pullback
- AI Is Reshaping SaaS—These 2 Software ETFs Offer Different Ways to Play It
- Insiders Signal Deep Value In DICK’s Sporting Goods
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.
