Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 7,614 shares of Five9 stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.48, for a total transaction of $194,004.72. Following the transaction, the president directly owned 218,125 shares of the company’s stock, valued at approximately $5,557,825. This represents a 3.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Andy Dignan also recently made the following trade(s):
- On Friday, September 5th, Andy Dignan sold 700 shares of Five9 stock. The stock was sold at an average price of $26.48, for a total transaction of $18,536.00.
- On Friday, August 1st, Andy Dignan sold 700 shares of Five9 stock. The stock was sold at an average price of $26.16, for a total transaction of $18,312.00.
- On Tuesday, July 1st, Andy Dignan sold 700 shares of Five9 stock. The shares were sold at an average price of $26.44, for a total value of $18,508.00.
Five9 Trading Down 1.1%
Shares of NASDAQ FIVN opened at $26.38 on Wednesday. Five9, Inc. has a fifty-two week low of $21.04 and a fifty-two week high of $49.90. The company has a debt-to-equity ratio of 1.04, a quick ratio of 4.44 and a current ratio of 4.44. The company has a market cap of $2.04 billion, a price-to-earnings ratio of 293.14, a PEG ratio of 2.51 and a beta of 1.17. The business’s 50 day moving average price is $26.67 and its 200-day moving average price is $27.28.
Institutional Trading of Five9
A number of hedge funds have recently bought and sold shares of the stock. Xponance Inc. lifted its holdings in Five9 by 4.4% in the 1st quarter. Xponance Inc. now owns 9,835 shares of the software maker’s stock valued at $267,000 after purchasing an additional 414 shares in the last quarter. State of Wyoming raised its position in shares of Five9 by 11.5% in the first quarter. State of Wyoming now owns 5,260 shares of the software maker’s stock valued at $143,000 after buying an additional 543 shares during the last quarter. California State Teachers Retirement System lifted its stake in shares of Five9 by 0.8% in the second quarter. California State Teachers Retirement System now owns 69,189 shares of the software maker’s stock worth $1,832,000 after buying an additional 549 shares in the last quarter. Harbor Capital Advisors Inc. boosted its position in Five9 by 3.2% during the second quarter. Harbor Capital Advisors Inc. now owns 18,685 shares of the software maker’s stock worth $495,000 after acquiring an additional 583 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its stake in Five9 by 10.3% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,240 shares of the software maker’s stock valued at $271,000 after acquiring an additional 953 shares in the last quarter. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Analyst Upgrades and Downgrades
FIVN has been the topic of several recent analyst reports. Wall Street Zen raised shares of Five9 from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 2nd. Canaccord Genuity Group restated a “buy” rating and issued a $40.00 target price on shares of Five9 in a research note on Friday, August 1st. DA Davidson raised shares of Five9 to a “hold” rating in a research report on Monday, August 4th. KeyCorp initiated coverage on Five9 in a research note on Friday, June 6th. They issued an “overweight” rating and a $35.00 price objective on the stock. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $36.00 target price on shares of Five9 in a research report on Friday, August 1st. Thirteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $37.59.
Check Out Our Latest Analysis on Five9
About Five9
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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