Five9 Inc (NASDAQ:FIVN) CEO Barry Zwarenstein sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $24.52, for a total transaction of $122,600.00. Following the completion of the sale, the chief executive officer now directly owns 141,778 shares in the company, valued at $3,476,396.56. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Barry Zwarenstein also recently made the following trade(s):

  • On Monday, December 4th, Barry Zwarenstein sold 3,073 shares of Five9 stock. The shares were sold at an average price of $23.79, for a total transaction of $73,106.67.
  • On Monday, November 27th, Barry Zwarenstein sold 5,000 shares of Five9 stock. The shares were sold at an average price of $24.42, for a total transaction of $122,100.00.
  • On Tuesday, October 3rd, Barry Zwarenstein sold 11,000 shares of Five9 stock. The shares were sold at an average price of $24.89, for a total transaction of $273,790.00.

Shares of Five9 Inc (NASDAQ:FIVN) traded down $0.03 during mid-day trading on Thursday, hitting $24.65. 435,500 shares of the company were exchanged, compared to its average volume of 460,859. The company has a quick ratio of 2.17, a current ratio of 2.17 and a debt-to-equity ratio of 1.04. The firm has a market capitalization of $1,370.00, a PE ratio of -164.33 and a beta of 0.27. Five9 Inc has a 52-week low of $13.95 and a 52-week high of $27.81.

Five9 (NASDAQ:FIVN) last announced its quarterly earnings data on Wednesday, November 8th. The software maker reported $0.04 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.05. The firm had revenue of $50.08 million during the quarter, compared to analysts’ expectations of $48.20 million. Five9 had a negative net margin of 4.19% and a negative return on equity of 34.14%. The company’s revenue for the quarter was up 22.2% compared to the same quarter last year. equities analysts forecast that Five9 Inc will post -0.18 earnings per share for the current fiscal year.

Several hedge funds have recently made changes to their positions in FIVN. Sei Investments Co. grew its holdings in shares of Five9 by 41.0% in the second quarter. Sei Investments Co. now owns 13,322 shares of the software maker’s stock valued at $287,000 after purchasing an additional 3,871 shares in the last quarter. Schwab Charles Investment Management Inc. grew its holdings in shares of Five9 by 14.9% in the second quarter. Schwab Charles Investment Management Inc. now owns 292,296 shares of the software maker’s stock valued at $6,291,000 after purchasing an additional 38,012 shares in the last quarter. First Trust Advisors LP acquired a new position in Five9 during the 2nd quarter worth approximately $2,411,000. Rhumbline Advisers grew its holdings in Five9 by 61.3% during the 2nd quarter. Rhumbline Advisers now owns 57,879 shares of the software maker’s stock worth $1,246,000 after acquiring an additional 21,991 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in Five9 by 3.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 250,186 shares of the software maker’s stock worth $5,383,000 after acquiring an additional 9,114 shares in the last quarter. Hedge funds and other institutional investors own 93.52% of the company’s stock.

A number of research firms have recently issued reports on FIVN. KeyCorp reissued an “overweight” rating and issued a $29.00 price target (up from $27.00) on shares of Five9 in a research note on Wednesday, November 8th. Zacks Investment Research raised shares of Five9 from a “hold” rating to a “buy” rating and set a $28.00 price target on the stock in a research note on Monday, November 13th. BidaskClub downgraded shares of Five9 from a “buy” rating to a “hold” rating in a research note on Saturday, December 2nd. Northland Securities reissued a “buy” rating and issued a $25.00 price target on shares of Five9 in a research note on Wednesday, October 4th. Finally, ValuEngine raised shares of Five9 from a “hold” rating to a “buy” rating in a research note on Friday, November 10th. Two research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Five9 presently has a consensus rating of “Buy” and a consensus target price of $26.43.

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Five9 Company Profile

Five9 Inc (Five9) is a provider of cloud software for contact centers. The Company’s purpose-built Virtual Contact Center (VCC) cloud platform delivers a suite of applications that enable the breadth of contact center-related customer service, sales and marketing functions. The Company’s solution, which consists of its VCC cloud platform and applications, allows simultaneous management and optimization of customer interactions across voice, chat, e-mail, Web, social media and mobile channels, either directly or through its application programming interfaces (APIs).

Insider Buying and Selling by Quarter for Five9 (NASDAQ:FIVN)

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