Five9 Inc (NASDAQ:FIVN) President Daniel P. Burkland sold 15,000 shares of the firm’s stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $49.44, for a total value of $741,600.00. Following the sale, the president now directly owns 190,461 shares of the company’s stock, valued at $9,416,391.84. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Shares of FIVN stock traded down $0.22 during trading on Monday, reaching $49.70. The company had a trading volume of 367,063 shares, compared to its average volume of 813,079. The company has a debt-to-equity ratio of 1.37, a quick ratio of 6.12 and a current ratio of 6.12. Five9 Inc has a one year low of $31.64 and a one year high of $57.90. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 331.33 and a beta of 0.59.
Five9 (NASDAQ:FIVN) last issued its quarterly earnings data on Wednesday, May 1st. The software maker reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.02) by $0.05. Five9 had a positive return on equity of 8.35% and a negative net margin of 0.56%. The business had revenue of $74.54 million for the quarter, compared to the consensus estimate of $70.81 million. During the same period last year, the business earned $0.08 EPS. The firm’s revenue was up 26.5% compared to the same quarter last year. On average, analysts forecast that Five9 Inc will post -0.03 EPS for the current fiscal year.
Several hedge funds have recently modified their holdings of FIVN. Flinton Capital Management LLC bought a new position in Five9 in the 4th quarter worth approximately $30,000. Winslow Evans & Crocker Inc. bought a new position in Five9 in the 1st quarter worth approximately $30,000. Pearl River Capital LLC bought a new position in Five9 in the 1st quarter worth approximately $32,000. Mckinley Capital Management LLC Delaware bought a new position in Five9 in the 4th quarter worth approximately $34,000. Finally, Private Capital Group LLC increased its position in Five9 by 263.4% in the 4th quarter. Private Capital Group LLC now owns 1,061 shares of the software maker’s stock worth $46,000 after buying an additional 769 shares during the period. 99.57% of the stock is currently owned by institutional investors and hedge funds.
Five9, Inc, together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. The company offers 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; and acts as a hub for omnichannel engagement between the clients and their customers, which enables them to manage the end-to-end customer experience in a single unified architecture.
See Also: What is the Fibonacci sequence?
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.