Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 17,767 shares of the business’s stock in a transaction on Friday, August 28th. The stock was sold at an average price of $35.03, for a total value of $622,378.01. Following the sale, the president owned 257,920 shares in the company, valued at $9,034,937.60. This represents a 6.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 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 value of $74,520.25.
- 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 value of $203,106.28.
Five9 Stock Performance
Shares of FIVN stock opened at $33.59 on Thursday. The business’s 50-day moving average price is $28.07 and its 200-day moving average price is $21.87. Five9, Inc. has a 12 month low of $13.29 and a 12 month high of $35.17. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 48.68 and a beta of 1.48. The company has a current ratio of 4.15, a quick ratio of 4.15 and a debt-to-equity ratio of 0.94.
Hedge Funds Weigh In On Five9
A number of institutional investors and hedge funds have recently modified their holdings of FIVN. Quarry LP acquired a new stake in Five9 in the third quarter worth $33,000. Advisory Services Network LLC acquired a new position in shares of Five9 during the third quarter valued at about $38,000. EverSource Wealth Advisors LLC boosted its position in shares of Five9 by 378.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 1,728 shares of the software maker’s stock worth $26,000 after purchasing an additional 1,367 shares in the last quarter. Rothschild Investment LLC grew its stake in shares of Five9 by 3,572.0% in 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 during the period. Finally, Nykredit A S bought a new stake in Five9 in the 2nd quarter valued at about $39,000. 96.64% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
FIVN has been the topic of a number of recent research reports. Wall Street Zen lowered shares of Five9 from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th. Canaccord Genuity Group raised their price objective on Five9 from $33.00 to $39.00 and gave the stock a “buy” rating in a research report on Monday, August 24th. Zacks Research upgraded Five9 from a “hold” rating to a “strong-buy” rating in a report on Friday, August 28th. Cantor Fitzgerald raised their price target on shares of Five9 from $32.00 to $34.00 and gave the stock an “overweight” rating in a report on Monday, August 3rd. Finally, DA Davidson boosted their price target on shares of Five9 from $22.00 to $28.00 and gave the stock a “neutral” rating in a research report on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $33.14.
Check Out Our Latest Report on FIVN
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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