Five9, Inc. (NASDAQ:FIVN - Get Free Report) President Andy Dignan sold 700 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $27.00, for a total value of $18,900.00. Following the transaction, the president now owns 232,709 shares of the company's stock, valued at approximately $6,283,143. This represents a 0.30 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Andy Dignan also recently made the following trade(s):
- On Tuesday, March 11th, Andy Dignan sold 700 shares of Five9 stock. The shares were sold at an average price of $30.20, for a total value of $21,140.00.
- On Tuesday, March 4th, Andy Dignan sold 2,840 shares of Five9 stock. The stock was sold at an average price of $33.23, for a total value of $94,373.20.
Five9 Stock Performance
Five9 stock opened at $25.24 on Friday. Five9, Inc. has a fifty-two week low of $24.70 and a fifty-two week high of $63.30. The firm's 50 day simple moving average is $35.54 and its 200-day simple moving average is $35.70. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.85 and a quick ratio of 1.85. The company has a market cap of $1.91 billion, a P/E ratio of -126.19, a price-to-earnings-growth ratio of 9.41 and a beta of 1.29.
Five9 (NASDAQ:FIVN - Get Free Report) last posted its quarterly earnings data on Thursday, February 20th. The software maker reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.70 by ($0.44). The firm had revenue of $278.66 million for the quarter, compared to analysts' expectations of $267.70 million. Five9 had a positive return on equity of 3.62% and a negative net margin of 1.23%. As a group, equities research analysts predict that Five9, Inc. will post 0.28 EPS for the current year.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Lindbrook Capital LLC boosted its position in Five9 by 155.7% during the 4th quarter. Lindbrook Capital LLC now owns 854 shares of the software maker's stock worth $35,000 after acquiring an additional 520 shares during the period. Banque Transatlantique SA purchased a new stake in shares of Five9 in the fourth quarter worth approximately $36,000. Johnson Financial Group Inc. acquired a new stake in shares of Five9 during the fourth quarter worth approximately $47,000. Steward Partners Investment Advisory LLC grew its position in Five9 by 7,305.6% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 1,333 shares of the software maker's stock valued at $54,000 after purchasing an additional 1,315 shares in the last quarter. Finally, Venturi Wealth Management LLC grew its position in Five9 by 3,955.4% during the fourth quarter. Venturi Wealth Management LLC now owns 2,636 shares of the software maker's stock valued at $107,000 after purchasing an additional 2,571 shares in the last quarter. 96.64% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on FIVN shares. Rosenblatt Securities reaffirmed a "buy" rating and issued a $58.00 price objective on shares of Five9 in a report on Thursday, March 20th. Truist Financial reaffirmed a "buy" rating and issued a $65.00 price target on shares of Five9 in a research note on Tuesday, December 17th. Piper Sandler raised their price objective on shares of Five9 from $46.00 to $53.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Morgan Stanley upped their target price on Five9 from $40.00 to $46.00 and gave the stock an "equal weight" rating in a research report on Wednesday, December 18th. Finally, Cantor Fitzgerald increased their price target on Five9 from $46.00 to $57.00 and gave the company an "overweight" rating in a research note on Friday, February 21st. Six investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Five9 currently has a consensus rating of "Moderate Buy" and an average target price of $56.76.
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About Five9
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Five9, Inc, together with its subsidiaries, provides intelligent cloud software for contact centers in the United States, India, and internationally. It offers a virtual contact center cloud platform that delivers a suite of applications, which enables the breadth of contact center-related customer service, sales, and marketing functions.
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