Five9 Inc (NASDAQ:FIVN) CFO Barry Zwarenstein sold 12,913 shares of the stock in a transaction dated Tuesday, December 4th. The shares were sold at an average price of $42.35, for a total value of $546,865.55. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Barry Zwarenstein also recently made the following trade(s):
- On Thursday, October 25th, Barry Zwarenstein sold 10,000 shares of Five9 stock. The shares were sold at an average price of $36.39, for a total value of $363,900.00.
- On Tuesday, September 25th, Barry Zwarenstein sold 10,000 shares of Five9 stock. The shares were sold at an average price of $44.79, for a total value of $447,900.00.
Shares of FIVN opened at $40.22 on Friday. Five9 Inc has a 52 week low of $22.55 and a 52 week high of $49.50. The company has a current ratio of 6.95, a quick ratio of 6.95 and a debt-to-equity ratio of 1.56. The stock has a market capitalization of $2.43 billion, a PE ratio of 2,066.00, a P/E/G ratio of 106.63 and a beta of 0.60.
A number of research analysts have recently weighed in on FIVN shares. Dougherty & Co started coverage on Five9 in a report on Tuesday, October 16th. They issued a “hold” rating on the stock. Zacks Investment Research lowered Five9 from a “strong-buy” rating to a “hold” rating in a report on Tuesday, September 25th. BidaskClub lowered Five9 from a “buy” rating to a “hold” rating in a report on Saturday, September 22nd. Bank of America increased their price objective on Five9 from $25.00 to $28.00 and gave the company an “underperform” rating in a report on Wednesday, November 7th. Finally, Roth Capital increased their price objective on Five9 from $45.00 to $55.00 and gave the company a “buy” rating in a report on Wednesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the stock. Five9 currently has a consensus rating of “Buy” and an average target price of $40.92.
A number of hedge funds have recently modified their holdings of FIVN. Mount Yale Investment Advisors LLC purchased a new position in Five9 during the second quarter worth approximately $110,000. Great West Life Assurance Co. Can boosted its position in Five9 by 81.0% during the second quarter. Great West Life Assurance Co. Can now owns 5,407 shares of the software maker’s stock worth $187,000 after purchasing an additional 2,419 shares in the last quarter. Concentric Wealth Management LLC purchased a new position in Five9 during the third quarter worth approximately $208,000. Oppenheimer Asset Management Inc. purchased a new position in Five9 during the second quarter worth approximately $214,000. Finally, Mirador Capital Partners LP purchased a new position in Five9 during the second quarter worth approximately $234,000. Institutional investors own 97.76% of the company’s stock.
Five9 Company Profile
Five9, Inc, together with its subsidiaries, provides cloud software for contact centers in the United States and internationally. It 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.
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