Five9, Inc. (NASDAQ:FIVN – Get Free Report) President Andy Dignan sold 6,986 shares of the business’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $35.00, for a total value of $244,510.00. Following the sale, the president owned 237,614 shares in the company, valued at approximately $8,316,490. The trade was a 2.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 Tuesday, September 8th, Andy Dignan sold 2,746 shares of Five9 stock. The shares were sold at an average price of $31.57, for a total value of $86,691.22.
- On Friday, September 4th, Andy Dignan sold 10,574 shares of Five9 stock. The stock was sold at an average price of $33.35, for a total value of $352,642.90.
- On Friday, August 28th, Andy Dignan sold 17,767 shares of Five9 stock. The stock was sold at an average price of $35.03, for a total transaction of $622,378.01.
Five9 Price Performance
Five9 stock opened at $37.68 on Thursday. The firm has a market capitalization of $2.88 billion, a PE ratio of 54.61 and a beta of 1.48. Five9, Inc. has a 52 week low of $13.29 and a 52 week high of $40.00. The firm’s 50-day simple moving average is $31.05 and its 200 day simple moving average is $23.55. The company has a quick ratio of 4.15, a current ratio of 4.15 and a debt-to-equity ratio of 0.94.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Anson Funds Management LP grew its position in shares of Five9 by 35.6% in 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 during the period. Dimensional Fund Advisors LP increased its stake in Five9 by 18.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,054,769 shares of the software maker’s stock valued at $15,998,000 after purchasing an additional 165,623 shares during the last quarter. Gagnon Securities LLC lifted its position in Five9 by 109.0% during the fourth quarter. Gagnon Securities LLC now owns 625,726 shares of the software maker’s stock worth $12,546,000 after buying an additional 326,323 shares during the period. S Squared Technology LLC purchased a new position in Five9 during the second quarter worth about $10,983,957. Finally, Deutsche Bank AG acquired a new stake in Five9 in the 2nd quarter worth about $10,432,000. Hedge funds and other institutional investors own 96.64% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently issued reports on the company. Wall Street Zen lowered Five9 from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 8th. Truist Financial raised their price target on Five9 from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. FBN Securities started coverage on Five9 in a report on Wednesday, September 16th. They issued an “outperform” rating and a $40.00 price target for the company. Robert W. Baird upped their price objective on Five9 from $22.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, August 10th. Finally, Weiss Ratings raised Five9 from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Five9 has an average rating of “Moderate Buy” and a consensus price target of $34.00.
Get Our Latest Stock Report on Five9
Five9 Company Profile
Five9, Inc provides cloud-based contact center software and customer experience solutions. Its platform is designed to help organizations manage customer interactions across voice, email, chat, social media and other digital channels from a centralized, cloud-based environment.
The company’s offerings include inbound and outbound contact center capabilities, digital engagement tools, interactive voice response, workforce engagement management, analytics, workflow automation and artificial intelligence features.
Recommended Stories
- Five stocks we like better than Five9
- Chips to Bots: Qualcomm’s Agentic AI Breakout
- Ciena Fell 40%—Now One Analyst Sees 50% Upside
- Energy Transfer Taps the AI Power Boom
- Viking’s Obesity Edge May Be Staying Power, Not Weight Loss
Receive News & Ratings for Five9 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five9 and related companies with MarketBeat.com's FREE daily email newsletter.
