Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 3,073 shares of the stock in a transaction that occurred on Friday, June 5th. The shares were sold at an average price of $24.25, for a total transaction of $74,520.25. Following the sale, the president owned 275,687 shares in the company, valued at approximately $6,685,409.75. The trade was a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Andy Dignan also recently made the following trade(s):
- On Thursday, June 4th, Andy Dignan sold 8,203 shares of Five9 stock. The shares were sold at an average price of $24.76, for a total transaction of $203,106.28.
Five9 Stock Performance
FIVN traded down $0.37 during trading on Monday, hitting $23.15. The company’s stock had a trading volume of 1,900,328 shares, compared to its average volume of 2,859,324. The company has a quick ratio of 4.51, a current ratio of 4.51 and a debt-to-equity ratio of 0.89. Five9, Inc. has a one year low of $13.29 and a one year high of $30.38. The firm has a market cap of $1.77 billion, a PE ratio of 35.08, a P/E/G ratio of 1.04 and a beta of 1.45. The business’s 50 day simple moving average is $18.93 and its 200-day simple moving average is $18.63.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Quarry LP acquired a new position in Five9 during the 3rd quarter valued at approximately $33,000. Advisory Services Network LLC acquired a new position in Five9 during the 3rd quarter valued at approximately $38,000. EverSource Wealth Advisors LLC increased its stake 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 purchasing an additional 1,367 shares in the last quarter. Rothschild Investment LLC increased its stake 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 purchasing an additional 1,786 shares in the last quarter. Finally, Optiver Holding B.V. increased its stake in Five9 by 575.9% during the 1st quarter. Optiver Holding B.V. now owns 2,325 shares of the software maker’s stock valued at $35,000 after purchasing an additional 1,981 shares in the last quarter. Institutional investors and hedge funds own 96.64% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the stock. Jefferies Financial Group restated a “hold” rating on shares of Five9 in a report on Friday, May 1st. Royal Bank Of Canada reduced their price target on shares of Five9 from $35.00 to $25.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Weiss Ratings upgraded shares of Five9 from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 19th. Wall Street Zen upgraded shares of Five9 from a “buy” rating to a “strong-buy” rating in a report on Monday, February 23rd. Finally, DA Davidson lifted their price objective on shares of Five9 from $19.00 to $22.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $25.93.
Get Our Latest Stock Analysis on Five9
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.
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