Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 8,203 shares of the stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $24.76, for a total value of $203,106.28. Following the sale, the president owned 278,760 shares in the company, valued at approximately $6,902,097.60. This represents a 2.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 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 Friday, June 5th, Andy Dignan sold 3,073 shares of Five9 stock. The shares were sold at an average price of $24.25, for a total value of $74,520.25.
Five9 Stock Down 1.6%
FIVN traded down $0.37 during trading on Monday, hitting $23.15. 1,900,328 shares of the company’s stock traded hands, compared to its average volume of 2,859,324. The company’s 50 day simple moving average is $18.93 and its two-hundred day simple moving average is $18.63. The company has a current ratio of 4.51, a quick ratio of 4.51 and a debt-to-equity ratio of 0.89. Five9, Inc. has a 12-month low of $13.29 and a 12-month high of $30.38. The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 35.08, a PEG ratio of 1.04 and a beta of 1.45.
Analyst Ratings Changes
Several research firms have recently weighed in on FIVN. Wall Street Zen raised Five9 from a “buy” rating to a “strong-buy” rating in a report on Monday, February 23rd. Weiss Ratings raised Five9 from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, May 19th. Rosenblatt Securities raised their target price on Five9 from $26.00 to $29.00 and gave the stock a “buy” rating in a report on Tuesday, May 5th. Canaccord Genuity Group decreased their target price on Five9 from $40.00 to $33.00 and set a “buy” rating on the stock in a report on Friday, February 20th. Finally, Wells Fargo & Company decreased their target price on Five9 from $22.00 to $20.00 and set an “equal weight” rating on the stock in a report on Friday, February 20th. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $25.93.
Get Our Latest Stock Report on FIVN
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. NewEdge Advisors LLC purchased a new position in shares of Five9 during the first quarter valued at about $38,000. Optiver Holding B.V. grew its position in shares of Five9 by 575.9% during the first 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. Glenmede Trust Co. NA grew its position in shares of Five9 by 35.7% during the first quarter. Glenmede Trust Co. NA now owns 577,672 shares of the software maker’s stock valued at $8,763,000 after purchasing an additional 151,974 shares in the last quarter. Segall Bryant & Hamill LLC grew its position in shares of Five9 by 30.9% during the first quarter. Segall Bryant & Hamill LLC now owns 110,056 shares of the software maker’s stock valued at $1,670,000 after purchasing an additional 25,983 shares in the last quarter. Finally, Anson Funds Management LP grew its position in shares of Five9 by 35.6% during the first quarter. Anson Funds Management LP now owns 2,086,675 shares of the software maker’s stock valued at $31,655,000 after purchasing an additional 547,304 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.
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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