Andy Dignan Sells 700 Shares of Five9 (NASDAQ:FIVN) Stock

Key Points

• Five9 President Andy Dignan sold 700 shares of stock on October 1st at an average price of $23.97, resulting in a total transaction value of $16,779.
• The stock experienced significant trading activity, with 2.7 million shares exchanged, and currently has a market cap of $1.78 billion.
• Wall Street analysts have a consensus price target of $37.88 for Five9, with ratings indicating a strong buy sentiment among several investment firms.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) President Andy Dignan sold 700 shares of the firm's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $23.97, for a total transaction of $16,779.00. Following the sale, the president directly owned 216,725 shares of the company's stock, valued at approximately $5,194,898.25. The trade was a 0.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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 value of $18,536.00.
• On Thursday, September 4th, Andy Dignan sold 7,614 shares of Five9 stock. The shares were sold at an average price of $25.48, for a total value of $194,004.72.
• 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 value of $18,312.00.

Five9 Price Performance

Shares of FIVN stock traded down $0.65 during trading hours on Thursday, hitting $23.01. 2,732,566 shares of the company's stock were exchanged, compared to its average volume of 1,907,920. Five9, Inc. has a 52 week low of $21.04 and a 52 week high of $49.90. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 255.70, a price-to-earnings-growth ratio of 2.28 and a beta of 1.19. The company has a debt-to-equity ratio of 1.04, a current ratio of 4.44 and a quick ratio of 4.44. The stock's 50-day moving average is $26.11 and its 200-day moving average is $26.43.

Five9 (NASDAQ:FIVN - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The software maker reported $0.76 EPS for the quarter, topping analysts' consensus estimates of $0.65 by $0.11. Five9 had a net margin of 0.80% and a return on equity of 8.91%. The firm had revenue of $283.27 million for the quarter, compared to analyst estimates of $275.18 million. During the same quarter in the prior year, the firm earned $0.52 EPS. The company's revenue was up 12.4% on a year-over-year basis. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. As a group, research analysts forecast that Five9, Inc. will post 0.28 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of FIVN. Nisa Investment Advisors LLC bought a new stake in Five9 in the second quarter valued at approximately $32,000. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of Five9 by 419.2% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker's stock valued at $61,000 after buying an additional 1,811 shares in the last quarter. Quarry LP bought a new stake in shares of Five9 in the 1st quarter valued at $74,000. Northwestern Mutual Wealth Management Co. raised its stake in Five9 by 11,392.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,218 shares of the software maker's stock worth $87,000 after buying an additional 3,190 shares during the period. Finally, Bayforest Capital Ltd bought a new position in Five9 during the first quarter worth about $127,000. Institutional investors own 96.64% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on FIVN. Wall Street Zen upgraded Five9 from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Canaccord Genuity Group restated a "buy" rating and set a $40.00 target price on shares of Five9 in a research report on Friday, August 1st. Wells Fargo & Company assumed coverage on shares of Five9 in a research report on Tuesday. They set an "equal weight" rating and a $28.00 price target for the company. DA Davidson restated a "neutral" rating and issued a $28.00 price objective on shares of Five9 in a report on Friday, September 12th. Finally, KeyCorp assumed coverage on shares of Five9 in a research note on Friday, June 6th. They issued an "overweight" rating and a $35.00 price objective on the stock. Thirteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $37.88.

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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