Five9 (NASDAQ:FIVN) President Sells $194,004.72 in Stock

Key Points

• Five9 President Andy Dignan sold 7,614 shares of stock for a total of $194,004.72, reducing his ownership to 218,125 shares, a decrease of 3.37% in his position.
• Five9 reported a strong earnings performance with $0.76 EPS for the last quarter, surpassing estimates, and a year-over-year revenue increase of 12.4% to $283.27 million.
• Thirteen analysts have rated Five9's stock as a Moderate Buy, with a consensus price target of $37.59.

Five9, Inc. (NASDAQ:FIVN - Get Free Report) President Andy Dignan sold 7,614 shares of the company's stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $25.48, for a total transaction of $194,004.72. Following the sale, the president directly owned 218,125 shares of the company's stock, valued at $5,557,825. This represents a 3.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Friday, September 5th, Andy Dignan sold 700 shares of Five9 stock. The shares were sold at an average price of $26.48, for a total transaction of $18,536.00.
• 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 transaction of $18,312.00.
• On Tuesday, July 1st, Andy Dignan sold 700 shares of Five9 stock. The stock was sold at an average price of $26.44, for a total transaction of $18,508.00.

Five9 Price Performance

NASDAQ:FIVN traded down $0.04 during mid-day trading on Monday, reaching $26.66. The stock had a trading volume of 1,975,212 shares, compared to its average volume of 1,855,679. Five9, Inc. has a 12 month low of $21.04 and a 12 month high of $49.90. The stock has a market capitalization of $2.06 billion, a PE ratio of 33.38, a P/E/G ratio of 2.52 and a beta of 1.17. 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 has a 50-day simple moving average of $26.67 and a two-hundred day simple moving average of $27.29.

Five9 (NASDAQ:FIVN - Get Free Report) last released its earnings results on Thursday, July 31st. The software maker reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.65 by $0.11. Five9 had a return on equity of 8.91% and a net margin of 0.80%.The firm had revenue of $283.27 million during the quarter, compared to analysts' expectations of $275.18 million. During the same period in the prior year, the company earned $0.52 earnings per share. The company's quarterly 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. On average, equities analysts anticipate that Five9, Inc. will post 0.28 earnings per share for the current year.

Hedge Funds Weigh In On Five9

Hedge funds and other institutional investors have recently modified their holdings of the company. Nisa Investment Advisors LLC bought a new position in shares of Five9 during the second quarter valued at about $32,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Five9 by 419.2% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,243 shares of the software maker's stock worth $61,000 after purchasing an additional 1,811 shares during the period. Quarry LP purchased a new position in Five9 during the first quarter valued at $74,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Five9 by 11,392.9% in the first 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 in the last quarter. Finally, Bayforest Capital Ltd bought a new stake in Five9 in the 1st quarter worth about $127,000. 96.64% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on FIVN. Rosenblatt Securities reaffirmed a "buy" rating and issued a $36.00 target price on shares of Five9 in a report on Friday, August 1st. Wall Street Zen raised shares of Five9 from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Piper Sandler dropped their price objective on shares of Five9 from $36.00 to $31.00 and set an "overweight" rating on the stock in a report on Monday, July 14th. Canaccord Genuity Group restated a "buy" rating and issued a $40.00 target price on shares of Five9 in a report on Friday, August 1st. Finally, KeyCorp initiated coverage on Five9 in a report on Friday, June 6th. They set an "overweight" rating and a $35.00 price target for the company. Thirteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Five9 presently has a consensus rating of "Moderate Buy" and a consensus 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.