Five9 (NASDAQ:FIVN) President Sells $18,536.00 in Stock

Key Points

• Andy Dignan, President of Five9, sold 700 shares of the company's stock on September 5th for a total of $18,536, resulting in a 0.32% decrease in his ownership.
• Five9's stock is currently trading at $26.66, with a market capitalization of $2.06 billion and a P/E ratio of 296.26.
• Thirteen analysts have rated Five9 with a Buy rating, and the average consensus target price stands at $37.59.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) President Andy Dignan sold 700 shares of the business's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $26.48, for a total value of $18,536.00. Following the sale, the president owned 217,425 shares of the company's stock, valued at approximately $5,757,414. This represents a 0.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Andy Dignan also recently made the following trade(s):

• 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 shares were sold at an average price of $26.16, for a total value 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 Stock Performance

Shares of Five9 stock traded down $0.26 during trading hours on Friday, reaching $25.84. 1,705,844 shares of the stock traded hands, compared to its average volume of 1,733,294. The company has a 50 day moving average price of $26.57 and a 200 day moving average price of $27.00. The firm has a market capitalization of $2.00 billion, a price-to-earnings ratio of 287.14, a P/E/G ratio of 2.46 and a beta of 1.17. Five9, Inc. has a one year low of $21.04 and a one year high of $49.90. The company has a quick ratio of 4.44, a current ratio of 4.44 and a debt-to-equity ratio of 1.04.

Five9 (NASDAQ:FIVN - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.65 by $0.11. The business had revenue of $283.27 million during the quarter, compared to the consensus estimate of $275.18 million. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The business's quarterly revenue was up 12.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.52 EPS. Five9 has set its Q3 2025 guidance at 0.720-0.740 EPS. FY 2025 guidance at 2.860-2.900 EPS. On average, equities research analysts expect that Five9, Inc. will post 0.28 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Five9

A number of hedge funds and other institutional investors have recently made changes to their positions in FIVN. Northern Trust Corp grew its position in shares of Five9 by 17.3% during the 4th quarter. Northern Trust Corp now owns 469,856 shares of the software maker's stock worth $19,095,000 after buying an additional 69,142 shares in the last quarter. Comerica Bank lifted its stake in shares of Five9 by 592.9% during the 4th quarter. Comerica Bank now owns 40,835 shares of the software maker's stock worth $1,660,000 after purchasing an additional 34,942 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Five9 by 60.1% during the 4th quarter. Cetera Investment Advisers now owns 13,407 shares of the software maker's stock worth $545,000 after purchasing an additional 5,032 shares during the last quarter. Ensign Peak Advisors Inc raised its stake in Five9 by 10.5% in the fourth quarter. Ensign Peak Advisors Inc now owns 25,285 shares of the software maker's stock valued at $1,028,000 after buying an additional 2,400 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new stake in Five9 in the fourth quarter valued at about $1,048,000. Institutional investors own 96.64% of the company's stock.

Analyst Ratings Changes

FIVN has been the topic of a number of research analyst reports. Canaccord Genuity Group reissued a "buy" rating and issued a $40.00 price target on shares of Five9 in a report on Friday, August 1st. Wall Street Zen raised Five9 from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. KeyCorp started coverage on Five9 in a research report on Friday, June 6th. They set an "overweight" rating and a $35.00 target price on the stock. Piper Sandler cut their target price on Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a research report on Monday, July 14th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $36.00 target price on shares of Five9 in a research report on Friday, August 1st. Thirteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Five9 presently has a consensus rating of "Moderate Buy" and an average price target of $37.59.

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.